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Hess Corporation (HES)
Key financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $bn | 6 | 5 | 7 | 11 | 11 | 13 | 13 |
| Operating profit | $bn | 5 | 5 | |||||
| Net profit | $bn | -0 | -3 | 1 | 2 | 1 | 3 | 2 |
| EPS reported | $ | 8.98 | 7.65 | |||||
| Operating cashflow per share | $ | 18.25 | 18.25 | |||||
| Capex per share | $ | 16.12 | 16.12 | |||||
| FCF per share | $ | 2.13 | 2.13 | |||||
| Free cash flow | $bn | 1 | 1 | |||||
| Net debt | $bn | 7 | 7 | |||||
| Book value equity | $bn | 11 | 12 | |||||
| Book value per share | $ | 36.38 | 37.33 | |||||
| Number of shares | m | 308.3 | 308.6 | |||||
| DPS (TTM paid) | $ | 1.88 | 0.00 |
Financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 14.81 | - | |||||
| P/B LTM | x | 3.64 | 4.00 | |||||
| P/S LTM | x | 3.17 | 3.41 | |||||
| P/FCF LTM | x | 62.42 | 41.32 | |||||
| EV/EBITDA LTM | x | 6.77 | 8.10 | |||||
| EV/Sales LTM | x | 3.81 | 3.96 | |||||
| Earnings Yield LTM | % | 6.75% | 6.06% | |||||
| FCF Yield | % | 1.60% | 2.42% | |||||
| Quality | ||||||||
| ROE | % | 24.69% | 27.41% | |||||
| ROIC | % | 14.35% | 14.35% | |||||
| Operating margin | % | 37.03% | 37.03% | |||||
| Gross margin | % | 78.90% | 78.90% | |||||
| FCF/Sales | % | 5.07% | 5.07% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +100.00% | +17.15% | |||||
| Sales Growth YoY | % | +22.69% | +18.91% | |||||
| Net Income Growth YoY | % | +100.36% | +10.91% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +64.86% | +28.03% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 1.42% | 0.00% | |||||
| Dividend Growth | % | +7.14% | - | |||||
| Payout Ratio | % | 20.91% | 25.39% | |||||
| FCF/Debt | x | 0.07 | 0.12 | |||||
| Net Debt/EBITDA | x | 1.14 | 1.14 | |||||
| EBIT/Net interest | x | 11.59 | 11.59 | |||||
| Net debt/market cap | % | 18.15% | 15.96% | |||||
| Net debt/Equity | x | 0.66 | 0.64 | |||||
| Gross debt/equity | x | 0.84 | 0.82 | |||||
Company overview
Hess Corporation is an integrated energy company involved in the entire lifecycle of hydrocarbon assets. Its core business includes the exploration, development, production, acquisition, transportation, and sale of crude oil, natural gas liquids (NGLs), and natural gas. The firm's activities are organized into two primary divisions: Exploration and Production (E&P) and Midstream. Hess conducts production operations across the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. Simultaneously, its exploration ventures are focused offshore Guyana, within the U.S. Gulf of Mexico, and off the coasts of Suriname and Canada. Complementing its E&P efforts, the company's Midstream segment handles the gathering, compression, and processing of natural gas, along with NGL fractionation. It also manages the collection, storage, loading, and rail transport of crude oil and NGLs, in addition to propane storage and terminaling. These midstream services further encompass water handling, predominantly in the Bakken Shale region of North Dakota's Williston Basin. As of December 31, 2021, Hess reported proven reserves totaling 1,309 million barrels of oil equivalent. The company was established in 1920 and its corporate headquarters are located in New York, New York.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Hess Corporation (HES)
Hess Corporation is an integrated energy company involved in the entire lifecycle of hydrocarbon assets. Its core business includes the exploration, development, production, acquisition, transportation, and sale of crude oil, natural gas liquids (NGLs), and natural gas. The firm's activities are organized into two primary divisions: Exploration and Production (E&P) and Midstream. Hess conducts production operations across the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. Simultaneously, its exploration ventures are focused offshore Guyana, within the U.S. Gulf of Mexico, and off the coasts of Suriname and Canada. Complementing its E&P efforts, the company's Midstream segment handles the gathering, compression, and processing of natural gas, along with NGL fractionation. It also manages the collection, storage, loading, and rail transport of crude oil and NGLs, in addition to propane storage and terminaling. These midstream services further encompass water handling, predominantly in the Bakken Shale region of North Dakota's Williston Basin. As of December 31, 2021, Hess reported proven reserves totaling 1,309 million barrels of oil equivalent. The company was established in 1920 and its corporate headquarters are located in New York, New York.
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