# Hess Corporation – Consensus ‘hold’ rating and 11.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/hess-corporation-consensus-hold-rating-and-11.9-upside-potential/4121149318
- Published: 2024-03-27T13:28:37+00:00
- Author: Charlotte Edwards

**Hess Corporation** which can be found using ticker (HES) have now 15 market analysts
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
range between the high target price and low target price is between $205.00 and 
$145.00 calculating the mean target price we have $169.40. Given that the stocks
previous close was at $151.38 this would imply there is now a potential upside of
11.9%. There is a 50 day moving average of $145.36 and the 200 moving average now
moves to $146.46. The total market capitalization for the company now stands at 
45.95B. The stock price is currently at: $149.60 USD

 The potential market cap would be $51,419,737,001 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 33.32, revenue per share of $33.66
and a 8.04% return on assets.

Hess Corporation is an exploration and production (E&P) company. The Company is 
engaged in exploration, development, production, transportation, purchase and sale
of crude oil, natural gas liquids, and natural gas with production operations located
in the United States, Guyana, the Malaysia/Thailand Joint Development Area (JDA)
and Malaysia. The Company operates through two segments: E&P and Midstream. The 
E&P operating segment explores for, develops, produces, purchases and sells crude
oil, NGL and natural gas. The Midstream operating segment provides fee-based services,
including gathering, compressing and processing natural gas and fractionating NGL;
gathering, terminating, loading and transporting crude oil and NGL; storing and 
terminating propane, and water handling services primarily in the Bakken shale play
of North Dakota. It conducts exploration activities primarily offshore Guyana, in
the United States Gulf of Mexico, and offshore Suriname and Canada.

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