Zacks Rating on Hess Corporation (HES)

Hess Corporation (HES) has an average broker rating of 2.21, which is interpreted as a Buy, as rated by 14 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Hess Corporation (HES) : The highest short term price target forecast on Hess Corporation (HES) is $85 and the lowest target price is $55. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $66.58 with a standard deviation of $8.39.


Hess Corporation has dropped 0.44% in the last five trading days, however, the shares have posted positive gains of 6.84% in the last 4 weeks. Hess Corporation has dropped 2.64% during the last 3-month period . Year-to-Date the stock performance stands at 17.47%. Hess Corporation (NYSE:HES): stock turned positive on Tuesday. Though the stock opened at $55.94, the bulls momentum made the stock top out at $56.84 level for the day. The stock recorded a low of $55.94 and closed the trading day at $56.42, in the green by 0.39%. The total traded volume for the day was 2,289,214. The stock had closed at $56.2 in the previous days trading.

Hess Corporation (Hess) is an exploration and production (E&P) company that develops, produces, purchases, transports and sells crude oil and natural gas. Its production operations are located primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia and Norway. The Companys production in the United States was from offshore properties in the Gulf of Mexico and onshore properties in the Bakken oil shale play in the Williston Basin of North Dakota, the Permian Basin of Texas, and the Utica Basin of Ohio. Approximately 16% of the Companys crude oil and natural gas liquids production and 7% of its natural gas production were from European operations. Approximately 22% of the Companys crude oil and natural gas liquids production were from its African operations. Approximately 1% of the Companys crude oil and natural gas liquids production and 61% of its natural gas production were from its Asian and Other operations.

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