EPS for Hess Corporation (HES) Expected At $-0.54

April 7, 2018 - By Ellis Scott

Hess Corporation (NYSE:HES) LogoInvestors sentiment increased to 0.94 in 2017 Q4. Its up 0.06, from 0.88 in 2017Q3. It is positive, as 45 investors sold Hess Corporation shares while 161 reduced holdings. 63 funds opened positions while 131 raised stakes. 256.03 million shares or 0.61% more from 254.48 million shares in 2017Q3 were reported.
Pnc Fin Service Gru owns 40,286 shares or 0% of their US portfolio. New York-based Cannell Peter B has invested 0.01% in Hess Corporation (NYSE:HES). The New York-based Omega has invested 2.97% in Hess Corporation (NYSE:HES). Whittier Tru Of Nevada holds 0.15% or 37,375 shares. Ent Service holds 0% or 68 shares. Parametric Port Lc owns 647,213 shares. Dupont Capital Mngmt Corporation holds 0.11% or 102,922 shares in its portfolio. Amf Pensionsforsakring invested in 524,949 shares or 0.24% of the stock. 155,141 were reported by British Columbia. Virtus Inv Advisers Incorporated reported 18,298 shares. Moreover, Ngam Advsrs Limited Partnership has 0.08% invested in Hess Corporation (NYSE:HES). Hexavest stated it has 830,005 shares or 0.45% of all its holdings. Kornitzer Mgmt Ks reported 0.84% in Hess Corporation (NYSE:HES). Mitsubishi Ufj Tru Banking Corporation stated it has 0.05% of its portfolio in Hess Corporation (NYSE:HES). Pinnacle Assoc Ltd holds 0.03% or 35,627 shares in its portfolio.

Since February 8, 2018, it had 11 buys, and 15 sales for $8.38 million activity. Another trade for 6,187 shares valued at $298,897 was made by Turner Michael R on Tuesday, March 6. 1,926 shares were sold by Truelove Brian D., worth $85,572. $25,016 worth of stock was bought by CHASE RODNEY F on Tuesday, March 6. Shares for $181,117 were sold by Goodell Timothy B. on Tuesday, March 6. SCHRADER WILLIAM G. also bought $25,016 worth of Hess Corporation (NYSE:HES) on Tuesday, March 6. The insider HESS JOHN B sold $4.15M.

Analysts expect Hess Corporation (NYSE:HES) to report $-0.54 EPS on April, 25.They anticipate $0.53 EPS change or 49.53 % from last quarter’s $-1.07 EPS. After having $-1.01 EPS previously, Hess Corporation’s analysts see -46.53 % EPS growth. The stock decreased 2.76% or $1.45 during the last trading session, reaching $51.09. About 3.77M shares traded. Hess Corporation (NYSE:HES) has risen 8.91% since April 7, 2017 and is uptrending. It has underperformed by 2.64% the S&P500.

Hess Corporation (NYSE:HES) Ratings Coverage

Among 8 analysts covering Hess (NYSE:HES), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. Hess had 15 analyst reports since October 10, 2017 according to SRatingsIntel. The stock of Hess Corporation (NYSE:HES) earned “Neutral” rating by Credit Suisse on Monday, February 12. The firm has “Hold” rating by Cowen & Co given on Tuesday, January 16. The rating was maintained by Piper Jaffray on Tuesday, January 23 with “Buy”. The rating was maintained by BMO Capital Markets on Friday, November 17 with “Hold”. Morgan Stanley maintained it with “Equal-Weight” rating and $57 target in Wednesday, January 24 report. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, February 6. The stock of Hess Corporation (NYSE:HES) has “Hold” rating given on Thursday, January 11 by BMO Capital Markets. The rating was downgraded by J.P. Morgan on Friday, December 15 to “Sell”. The firm has “Underweight” rating by JP Morgan given on Friday, December 15. The firm has “Sell” rating given on Monday, December 11 by Credit Suisse.

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 $16.10 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.

Hess Corporation (NYSE:HES) Institutional Positions Chart

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