-4.68%
4.53%
3.38%
-9.38%
-1.07%
50.64%
145.77%

Company Description

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas.The company operates in two segments, Exploration and Production, and Midstream.It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada.


The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota.As of December 31, 2021, it had total proved reserves of 1,309 million barrels of oil equivalent.The company was incorporated in 1920 and is headquartered in New York, New York.

Market Data

Last Price 139.03
Change Percentage -4.68%
Open 145.43
Previous Close 145.85
Market Cap ( Millions) 42838
Volume 3252489
Year High 163.98
Year Low 123.79
M A 50 141.56
M A 200 143.39

Financial Ratios

FCF Yield 2.33%
Dividend Yield 1.35%
ROE 24.79%
Debt / Equity 79.58%
Net Debt / EBIDTA 114.30%
Price To Book 3.73
Price Earnings Ratio 16.16
Price To FCF 42.92
Price To sales 3.37
EV / EBITDA 7.33

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Exploration and Production

Expected Growth : 4.65 %

What the company do ?

Hess Corporation's Exploration and Production segment explores, develops, and produces crude oil and natural gas globally, with operations in the US, Africa, and Asia.

Why we expect these perspectives ?

Hess Corporation's Exploration and Production segment growth of 4.65% is driven by increased production volumes from the Bakken and Gulf of Mexico, improved well productivity, and higher realized oil prices. Additionally, the company's focus on cost reduction and operational efficiency has also contributed to the growth.

Segment nΒ°2 -> Midstream

Expected Growth : 5.4 %

What the company do ?

Hess Midstream is a midstream oil and gas company that provides fee-based services, including crude oil and natural gas gathering, processing, and storage, primarily in the Bakken Shale region.

Why we expect these perspectives ?

Hess Midstream's 5.4% growth is driven by increasing shale production in the Bakken region, strategic acquisitions, and expansion of its gathering and processing infrastructure. Additionally, the segment benefits from long-term, fee-based contracts with Hess Corporation, providing a stable source of revenue.

Hess Corporation Products

Product Range What is it ?
Crude Oil Hess Corporation is a leading explorer and producer of crude oil, with operations in the United States, Denmark, Equatorial Guinea, and Malaysia.
Natural Gas Hess Corporation is a significant producer of natural gas, with operations in the United States, Denmark, and Malaysia.
Natural Gas Liquids (NGLs) Hess Corporation produces NGLs, including propane, butane, and ethane, as a byproduct of natural gas production.
Refined Petroleum Products Hess Corporation markets and sells refined petroleum products, including gasoline, diesel fuel, jet fuel, and lubricants.
Midstream Services Hess Corporation provides midstream services, including crude oil and natural gas gathering, processing, and transportation.

Hess Corporation's Porter Forces

Hess Corporation operates in the energy sector, which has limited substitutes. However, the increasing adoption of renewable energy sources and energy-efficient technologies poses a moderate threat to the company's operations.

Hess Corporation's customers, primarily oil and gas companies, have limited bargaining power due to the company's diversified operations and strong market position.

Hess Corporation relies on various suppliers for its operations, including equipment and service providers. While suppliers have some bargaining power, the company's scale and diversification mitigate this risk.

The energy sector has high barriers to entry, including significant capital requirements and regulatory hurdles, making it difficult for new entrants to compete with established players like Hess Corporation.

The energy sector is highly competitive, with numerous players vying for market share. Hess Corporation faces intense rivalry from other major oil and gas companies, which can impact its market share and pricing power.

Capital Structure

Value
Debt Weight 49.99%
Debt Cost 7.82%
Equity Weight 50.01%
Equity Cost 10.21%
WACC 9.02%
Leverage 99.97%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
COP ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. It primarily engages in the conventional and tight oil …
EOG EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico …
OXY Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. …
FANG Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian …
DVN Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
139.03$
Current Price
139.03$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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