Hess Corporation (HES) Analysts See $-1.03 EPS

January 18, 2018 - By Linda Rogers

 Hess Corporation (HES) Analysts See $ 1.03 EPS
Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.12, from 1 in 2017Q2. It fall, as 43 investors sold Hess Corporation shares while 162 reduced holdings. 48 funds opened positions while 133 raised stakes. 254.48 million shares or 1.67% more from 250.30 million shares in 2017Q2 were reported.
Wealthtrust owns 26 shares for 0% of their portfolio. Aperio Llc invested 0.02% of its portfolio in Hess Corporation (NYSE:HES). Fdx Advsrs owns 5,557 shares. Huntington Bancshares holds 0% of its portfolio in Hess Corporation (NYSE:HES) for 2,082 shares. Barometer Mngmt invested in 184,000 shares. Parallax Volatility Advisers L P holds 0% of its portfolio in Hess Corporation (NYSE:HES) for 28,743 shares. 25,103 were accumulated by New Mexico Educational Retirement Board. Oppenheimer Asset Management holds 0% or 2,397 shares. Wealthfront accumulated 21,213 shares. Moreover, Loews has 0% invested in Hess Corporation (NYSE:HES). Veritable Limited Partnership invested in 84,552 shares. Dekabank Deutsche Girozentrale owns 208,132 shares. Moreover, Fincl Bank Of Nova Scotia has 0.37% invested in Hess Corporation (NYSE:HES). 314,559 were reported by Manufacturers Life Insur Company The. Tiaa Cref Mgmt Lc holds 712,768 shares or 0.02% of its portfolio.

Since August 8, 2017, it had 0 buys, and 3 selling transactions for $873,466 activity. $449,927 worth of Hess Corporation (NYSE:HES) was sold by Hill Gregory P. on Thursday, August 24. Truelove Brian D. sold $255,180 worth of stock or 6,000 shares.

Analysts expect Hess Corporation (NYSE:HES) to report $-1.03 EPS on January, 24.They anticipate $0.02 EPS change or 1.98 % from last quarter’s $-1.01 EPS. After having $-1.07 EPS previously, Hess Corporation’s analysts see -3.74 % EPS growth. The stock increased 0.04% or $0.02 during the last trading session, reaching $54.04. About 455,626 shares traded. Hess Corporation (NYSE:HES) has declined 14.55% since January 18, 2017 and is downtrending. It has underperformed by 31.25% the S&P500.

Hess Corporation (NYSE:HES) Ratings Coverage

Among 22 analysts covering Hess Corp. (NYSE:HES), 9 have Buy rating, 3 Sell and 10 Hold. Therefore 41% are positive. Hess Corp. has $90 highest and $38.0 lowest target. $55.89’s average target is 3.42% above currents $54.04 stock price. Hess Corp. had 56 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, December 15 by Credit Agricole. Piper Jaffray maintained Hess Corporation (NYSE:HES) on Thursday, August 24 with “Buy” rating. The stock of Hess Corporation (NYSE:HES) has “Accumulate” rating given on Monday, September 12 by KLR Group. On Friday, July 28 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Neutral” rating by Citigroup given on Thursday, April 7. The firm has “Hold” rating given on Monday, June 26 by BMO Capital Markets. The stock of Hess Corporation (NYSE:HES) earned “Hold” rating by Cowen & Co on Sunday, August 20. The firm has “Equal-Weight” rating by Capital One given on Wednesday, April 27. Barclays Capital maintained it with “Equal Weight” rating and $49.0 target in Tuesday, January 12 report. The stock of Hess Corporation (NYSE:HES) earned “Sell” rating by J.P. Morgan on Friday, December 15.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company has market cap of $17.17 billion. The firm operates in two divisions, Exploration and Production, and Bakken Midstream. It currently has negative earnings. It is also involved in natural gas and crude oil gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading natural gas and crude oil liquids, and the storage and terminating of propane primarily in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.

More notable recent Hess Corporation (NYSE:HES) news were published by: Bloomberg.com which released: “Hess Shrinks Workforce as Activist Investor Keeps the Pressure On” on January 17, 2018, also Chron.com with their article: “Hess Corp. to cut 300 jobs” published on January 16, 2018, Streetinsider.com published: “Hess Corp. (HES) Announces Positive Results from Ranger-1 Exploration Well …” on January 05, 2018. More interesting news about Hess Corporation (NYSE:HES) were released by: Reuters.com and their article: “BRIEF-Hess Corp Calls Outstanding Notes Due In 2019 For Redemption” published on January 16, 2018 as well as Seekingalpha.com‘s news article titled: “Here’s What I Don’t Like About Hess” with publication date: January 11, 2018.

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