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Last update at 2024-10-30T18:51:00Z
3 Midstream Stocks Poised to Benefit as Geopolitical Tensions Rise
Fri 11 Oct 24, 03:46 PMChevron Sells $6.5B Assets To Canadian Natural Resources: Details
Mon 07 Oct 24, 11:55 AMOccidental Petroleum given "Neutral" rating by Goldman Sachs
Wed 02 Oct 24, 01:31 PMAnalyst Questions 'What Could Hess Be Worth?' As Chevron Advances In Acquisition Efforts
Tue 01 Oct 24, 06:45 PMChevron-Hess Merger Advances, FTC Blocks John Hess' Board Role
Tue 01 Oct 24, 11:40 AMIf EPS Growth Is Important To You, Hess (NYSE:HES) Presents An Opportunity
Tue 01 Oct 24, 10:07 AMJohn Hess Is the Latest Target for Antitrust Enforcers. The Oil Patch Isn’t Happy.
Mon 30 Sep 24, 08:30 PMFTC Warns of Oil-Patch Collusion. Energy Executives See Political Smear.
Mon 30 Sep 24, 07:08 PMHess CEO’s OPEC Communication Disqualifies Him From Chevron Board, FTC Says
Mon 30 Sep 24, 04:25 PMHess Announces HSR Clearance Of Chevron-Hess Merger
Mon 30 Sep 24, 03:05 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 3681.00M | 1490.00M | -2850.00000M | 221.00M | 220.00M |
Minority interest | -351.00000M | -331.00000M | 254.00M | 168.00M | 167.00M |
Net income | 2223.00M | 890.00M | -2839.00000M | -240.00000M | -282.00000M |
Selling general administrative | 430.00M | 340.00M | 357.00M | 397.00M | 473.00M |
Selling and marketing expenses | 3328.00M | 2034.00M | 936.00M | 1736.00M | 1771.00M |
Gross profit | 7914.00M | 4544.00M | 1251.00M | 2952.00M | 3138.00M |
Reconciled depreciation | 1703.00M | 1539.00M | 2074.00M | 2122.00M | 1883.00M |
Ebit | 4127.00M | 2089.00M | -343.00000M | 579.00M | 640.00M |
Ebitda | 5830.00M | 3617.00M | 1731.00M | 2701.00M | 2523.00M |
Depreciation and amortization | 1703.00M | 1528.00M | 2074.00M | 2122.00M | 1883.00M |
Non operating income net other | - | - | - | - | -53.00000M |
Operating income | 4127.00M | 2089.00M | -343.00000M | 579.00M | 529.00M |
Other operating expenses | 7342.00M | 5465.00M | 5060.00M | 5909.00M | 5794.00M |
Interest expense | 493.00M | 481.00M | 468.00M | 380.00M | 399.00M |
Tax provision | 1107.00M | 600.00M | -11.00000M | 461.00M | 335.00M |
Interest income | 493.00M | 481.00M | 468.00M | 377.00M | 404.00M |
Net interest income | -493.00000M | -481.00000M | -468.00000M | -380.00000M | -399.00000M |
Extraordinary items | - | - | - | - | - |
Non recurring | 208.00M | 162.00M | 2477.00M | 233.00M | 362.00M |
Other items | - | - | - | - | - |
Income tax expense | 1107.00M | 600.00M | -11.00000M | 461.00M | 335.00M |
Total revenue | 11324.00M | 7473.00M | 4667.00M | 6495.00M | 6326.00M |
Total operating expenses | 3932.00M | 2536.00M | 1644.00M | 2366.00M | 2606.00M |
Cost of revenue | 3410.00M | 2929.00M | 3416.00M | 3543.00M | 3188.00M |
Total other income expense net | -446.00000M | -599.00000M | -2507.00000M | -358.00000M | 87.00M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 2574.00M | 890.00M | -2839.00000M | -240.00000M | -115.00000M |
Net income applicable to common shares | 2223.00M | 559.00M | -3093.00000M | -412.00000M | -328.00000M |
Preferred stock and other adjustments | - | - | - | 4.00M | 46.00M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 21729.00M | 20515.00M | 18821.00M | 21782.00M | 21433.00M |
Intangible assets | - | - | - | - | - |
Earning assets | - | - | - | - | - |
Other current assets | 1445.00M | 1633.00M | 1342.00M | 1611.00M | 1765.00M |
Total liab | 13106.00M | 13489.00M | 12486.00M | 12076.00M | 10545.00M |
Total stockholder equity | 7982.00M | 6300.00M | 5366.00M | 8732.00M | 9629.00M |
Deferred long term liab | 418.00M | 383.00M | 342.00M | 415.00M | 421.00M |
Other current liab | 1638.00M | 2458.00M | 1532.00M | 2311.00M | 1560.00M |
Common stock | 306.00M | 310.00M | 307.00M | 305.00M | 291.00M |
Capital stock | 306.00M | 310.00M | 307.00M | 305.00M | 292.00M |
Retained earnings | 1474.00M | 379.00M | 130.00M | 3535.00M | 4257.00M |
Other liab | 1877.00M | 1890.00M | 1879.00M | 1833.00M | 1735.00M |
Good will | 360.00M | 360.00M | 360.00M | 360.00M | 360.00M |
Other assets | 1970.00M | 1491.00M | 1265.00M | 705.00M | 531.00M |
Cash | 2486.00M | 2713.00M | 1739.00M | 1545.00M | 2694.00M |
Cash and equivalents | 2486.00M | 2713.00M | 1739.00M | 1545.00M | 2694.00M |
Total current liabilities | 2280.00M | 3064.00M | 1623.00M | 2510.00M | 2203.00M |
Current deferred revenue | 133.00M | -220.00000M | -200.00000M | -411.00000M | 81.00M |
Net debt | 6664.00M | 6428.00M | 7336.00M | 6387.00M | 3978.00M |
Short term debt | 224.00M | 606.00M | 91.00M | 199.00M | 67.00M |
Short long term debt | 3.00M | 517.00M | 10.00M | - | 67.00M |
Short long term debt total | 9150.00M | 9141.00M | 9075.00M | 7932.00M | 6672.00M |
Other stockholder equity | 6333.00M | 6017.00M | 5684.00M | 5591.00M | 5386.00M |
Property plant equipment | 15828.00M | 14678.00M | 14115.00M | 16814.00M | 16083.00M |
Total current assets | 3931.00M | 4346.00M | 3081.00M | 3156.00M | 4459.00M |
Long term investments | - | - | - | 1.00M | - |
Net tangible assets | 7495.00M | 6300.00M | 5006.00M | 8372.00M | 9268.00M |
Short term investments | - | - | - | - | - |
Net receivables | 1162.00M | 1211.00M | 860.00M | 1170.00M | 1001.00M |
Long term debt | 8278.00M | 7941.00M | 8286.00M | 7142.00M | 6605.00M |
Inventory | 217.00M | 223.00M | 378.00M | 261.00M | 245.00M |
Accounts payable | 285.00M | 220.00M | 200.00M | 411.00M | 495.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | 641.00M | 726.00M | 969.00M | 974.00M | 1259.00M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -131.00000M | -406.00000M | -755.00000M | -699.00000M | -306.00000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 306.00M | 310.00M | 307.00M | 305.00M | 291.00M |
Preferred stock total equity | - | - | - | - | 1.00M |
Retained earnings total equity | 1474.00M | 379.00M | 130.00M | 3535.00M | 4257.00M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 1477.00M | 1491.00M | 1031.00M | 1066.00M | 891.00M |
Deferred long term asset charges | - | - | - | 80.00M | 21.00M |
Non current assets total | 17798.00M | 16169.00M | 15740.00M | 18626.00M | 16974.00M |
Capital lease obligations | 869.00M | 683.00M | 779.00M | 790.00M | - |
Long term debt total | 8457.00M | 8141.00M | 8286.00M | 7142.00M | 6605.00M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -2555.00000M | -1325.00000M | -1707.00000M | -33.00000M | -67.00000M |
Change to liabilities | -415.00000M | 688.00M | -549.00000M | 20.00M | 86.00M |
Total cashflows from investing activities | -2555.00000M | -1325.00000M | -1707.00000M | -2843.00000M | -1566.00000M |
Net borrowings | -176.00000M | 150.00M | 1152.00M | 784.00M | -633.00000M |
Total cash from financing activities | -1616.00000M | -591.00000M | 568.00M | 52.00M | -2526.00000M |
Change to operating activities | -463.00000M | -101.00000M | -470.00000M | -216.00000M | -126.00000M |
Net income | 2574.00M | 890.00M | -2839.00000M | -240.00000M | -115.00000M |
Change in cash | -227.00000M | 974.00M | 194.00M | -1149.00000M | -2153.00000M |
Begin period cash flow | 2713.00M | 1739.00M | 1545.00M | 2694.00M | 4847.00M |
End period cash flow | 2486.00M | 2713.00M | 1739.00M | 1545.00M | 2694.00M |
Total cash from operating activities | 3944.00M | 2890.00M | 1333.00M | 1642.00M | 1939.00M |
Issuance of capital stock | 146.00M | 178.00M | - | 0.00000M | 0.00000M |
Depreciation | 1703.00M | 1528.00M | 2074.00M | 2122.00M | 1883.00M |
Other cashflows from investing activities | 170.00M | -5.00000M | 490.00M | 19.00M | 598.00M |
Dividends paid | -465.00000M | -311.00000M | -309.00000M | -316.00000M | 345.00M |
Change to inventory | 2.00M | 135.00M | -117.00000M | -16.00000M | -12.00000M |
Change to account receivables | -301.00000M | -748.00000M | 267.00M | -383.00000M | -138.00000M |
Sale purchase of stock | -630.00000M | 747.00M | -261.00000M | -25.00000M | -1365.00000M |
Other cashflows from financing activities | -148.00000M | -685.00000M | 884.00M | -342.00000M | -183.00000M |
Change to netincome | 861.00M | 884.00M | 2376.00M | 355.00M | 357.00M |
Capital expenditures | 2725.00M | 1747.00M | 2197.00M | 2829.00M | 2097.00M |
Change receivables | -301.00000M | -748.00000M | 267.00M | -383.00000M | -138.00000M |
Cash flows other operating | -353.00000M | -18.00000M | 121.00M | -216.00000M | -122.00000M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | -227.00000M | 974.00M | 194.00M | -1149.00000M | -2153.00000M |
Change in working capital | -1278.00000M | -101.00000M | -470.00000M | -595.00000M | -186.00000M |
Stock based compensation | 83.00M | 77.00M | 79.00M | 85.00M | 72.00M |
Other non cash items | 545.00M | 374.00M | 2542.00M | 253.00M | 405.00M |
Free cash flow | 1219.00M | 1143.00M | -864.00000M | -1187.00000M | -158.00000M |
Sector: Energy Industry: Oil & Gas E&P
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
HES Hess Corporation |
-0.01 0.0074% | 134.58 | 30.83 | 15.65 | 4.42 | 5.19 | 4.99 | 9.98 |
COP ConocoPhillips |
0.56 0.55% | 102.89 | 12.82 | 11.12 | 2.24 | 2.90 | 2.47 | 5.63 |
CNQ Canadian Natural Resources Ltd |
0.01 0.03% | 34.42 | 15.51 | 14.24 | 2.37 | 2.92 | 2.26 | 5.34 |
EOG EOG Resources Inc |
0.47 0.39% | 120.95 | 9.09 | 8.98 | 3.01 | 2.57 | 2.97 | 5.16 |
PEXNY PTT Exploration & Production |
- -% | 15.70 | 25.79 | 24.51 | 5.92 | 3.66 | 0.05 | 0.08 |
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. The company was incorporated in 1920 and is headquartered in New York, New York.
1185 Avenue of the Americas, New York, NY, United States, 10036
Name | Title | Year Born |
---|---|---|
Mr. John B. Hess | CEO & Director | 1954 |
Mr. John P. Rielly | Exec. VP & CFO | 1962 |
Mr. Gregory P. Hill | COO and Pres of Exploration & Production | 1961 |
Mr. Timothy B. Goodell | Exec. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer | 1957 |
Mr. Richard Lynch | Sr. VP of Technology & Services | 1958 |
Mr. Jay R. Wilson | VP of Investor Relations | 1946 |
Lorrie Hecker | VP of Communications | NA |
Mr. Andrew P. Slentz | Sr. VP of HR & Office Management | 1962 |
Jonathan C. Stein | VP, CFO of Midstream & Chief Risk Officer | NA |
Mr. C. Martin Dunagin Jr. | Chief Tax Exec. | NA |
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