Hess Corp. (HES) Analysts See $-0.99 EPS

July 17, 2017 - By Henry Gaston

 Hess Corp. (HES) Analysts See $ 0.99 EPS
Investors sentiment decreased to 0.83 in Q4 2016. Its down 0.15, from 0.98 in 2016Q3. It worsened, as 50 investors sold Hess Corp. shares while 203 reduced holdings. 57 funds opened positions while 154 raised stakes. 245.22 million shares or 2.10% more from 240.17 million shares in 2016Q3 were reported.
Commerzbank Aktiengesellschaft Fi accumulated 6,465 shares. New York-based Markston Ltd Com has invested 0.46% in Hess Corp. (NYSE:HES). Jpmorgan Chase & invested 0.01% in Hess Corp. (NYSE:HES). Lowe Brockenbrough & Company accumulated 0.77% or 73,543 shares. Washington Tru Retail Bank stated it has 0.01% of its portfolio in Hess Corp. (NYSE:HES). Aperio Ltd Llc reported 0.03% stake. Farmers Merchants Invests Incorporated reported 0% in Hess Corp. (NYSE:HES). Beck Mack And Oliver Limited Liability Company holds 17,950 shares or 0.04% of its portfolio. 36,478 are owned by Mason Street Advsrs Ltd Llc. Centurylink Invest Mngmt holds 0.31% or 14,493 shares. Salem Invest Counselors reported 40 shares or 0% of all its holdings. Ngam Advsr Lp has invested 0.07% in Hess Corp. (NYSE:HES). Contravisory Inv Management Incorporated, Massachusetts-based fund reported 2,000 shares. The Florida-based Voloridge Mngmt Limited Co has invested 0.03% in Hess Corp. (NYSE:HES). Qci Asset Mgmt stated it has 0% of its portfolio in Hess Corp. (NYSE:HES).

Since February 2, 2017, it had 11 insider purchases, and 12 selling transactions for $5.61 million activity. Another trade for 2,205 shares valued at $112,521 was made by RIELLY JOHN P on Monday, March 6. 5,668 shares valued at $289,238 were sold by Hill Gregory P. on Monday, March 6. $25,028 worth of Hess Corp. (NYSE:HES) was bought by LIPSCHULTZ MARC S on Tuesday, February 28. $25,028 worth of Hess Corp. (NYSE:HES) shares were bought by MCMANUS DAVID. SCHRADER WILLIAM G. bought 484 shares worth $25,028. Another trade for 484 shares valued at $25,028 was bought by LAVIZZO-MOUREY RISA J. 24,331 shares were sold by HESS JOHN B, worth $1.23 million.

Analysts expect Hess Corp. (NYSE:HES) to report $-0.99 EPS on July, 26.They anticipate $0.12 EPS change or 10.81 % from last quarter’s $-1.11 EPS. After having $-1.07 EPS previously, Hess Corp.’s analysts see -7.48 % EPS growth. About 2.43M shares traded. Hess Corp. (NYSE:HES) has declined 14.55% since July 18, 2016 and is downtrending. It has underperformed by 31.25% the S&P500.

Hess Corp. (NYSE:HES) Ratings Coverage

Among 20 analysts covering Hess Corp. (NYSE:HES), 9 have Buy rating, 0 Sell and 11 Hold. Therefore 45% are positive. Hess Corp. had 38 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by Goldman Sachs on Tuesday, May 30 to “Hold”. The stock of Hess Corp. (NYSE:HES) has “Overweight” rating given on Thursday, December 8 by JP Morgan. The firm has “Buy” rating by Citigroup given on Monday, September 14. The firm has “Neutral” rating given on Thursday, April 28 by UBS. The firm earned “Neutral” rating on Tuesday, June 27 by Atlantic Securities. JP Morgan maintained the stock with “Neutral” rating in Monday, January 25 report. The rating was downgraded by Oppenheimer to “Perform” on Tuesday, November 17. The firm has “Overweight” rating given on Tuesday, March 22 by Atlantic Securities. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, July 11. As per Wednesday, April 27, the company rating was downgraded by Capital One.

Hess Corporation is an exploration and production company. The company has market cap of $14.07 billion. The Firm is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids and natural gas. It currently has negative earnings. The Company’s divisions include Exploration and Production, and Bakken Midstream.

More notable recent Hess Corp. (NYSE:HES) news were published by: Streetinsider.com which released: “Hess Corp. (HES): Cutting PT To $50 – Barclays” on July 11, 2017, also Streetinsider.com with their article: “Atlantic Equities Downgrades Hess Corp. (HES) to Neutral” published on June 27, 2017, Streetinsider.com published: “Hess Corp. (HES) to Sell Its Enhanced Oil Recovery Assets in Permian Basin” on June 19, 2017. More interesting news about Hess Corp. (NYSE:HES) were released by: Miamiherald.com and their article: “McDonald’s and KLA-Tencor rise while Hess and Haverty fall” published on July 07, 2017 as well as Law360.com‘s news article titled: “Schlumberger Can’t Ditch Hess’ Oil Well Valve Failure Suit” with publication date: June 30, 2017.

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