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67.48 (1y: +42%)
Market Cap 23.5 B P/E(ttm) 8.40
Enterprise Value 30.29 B P/B 1.09
HES- NYSE (USA)
Hess Corp
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$67.48
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.079
HES's Cash to Debt is ranked lower than
1923075% of the 52 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.40 vs. HES: 0.079 )
HES' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.31
Current: 0.08
0.01
0.31
Equity to Asset 0.435
HES's Equity to Asset is ranked lower than
1960782% of the 51 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.44 vs. HES: 0.435 )
HES' s 10-Year Equity to Asset Range
Min: 0.25   Max: 0.44
Current: 0.44
0.25
0.44
Interest Coverage 7.3
HES's Interest Coverage is ranked lower than
2564100% of the 39 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 21.80 vs. HES: 7.3 )
HES' s 10-Year Interest Coverage Range
Min: 1   Max: 19
Current: 7.3
1
19
F-Score: 7
Z-Score: 2.48
M-Score: -3.99
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) 8.10
HES's Operating margin (%) is ranked lower than
2173911% of the 46 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 8.10 vs. HES: 8.10 )
HES' s 10-Year Operating margin (%) Range
Min: 1.8   Max: 12.9
Current: 8.1
1.8
12.9
Net-margin (%) 5.4
HES's Net-margin (%) is ranked lower than
2325579% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 5.50 vs. HES: 5.4 )
HES' s 10-Year Net-margin (%) Range
Min: -1.8   Max: 8.5
Current: 5.4
-1.8
8.5
ROE (%) 9.6
HES's ROE (%) is ranked lower than
2380950% of the 42 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 10.90 vs. HES: 9.6 )
HES' s 10-Year ROE (%) Range
Min: -5.1   Max: 26.3
Current: 9.6
-5.1
26.3
ROA (%) 4.7
HES's ROA (%) is ranked lower than
2380950% of the 42 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 4.80 vs. HES: 4.7 )
HES' s 10-Year ROA (%) Range
Min: -1.6   Max: 10
Current: 4.7
-1.6
10
ROC (Joel Greenblatt) (%) 10.60
HES's ROC (Joel Greenblatt) (%) is ranked lower than
2222220% of the 45 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 13.20 vs. HES: 10.60 )
HES' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 3.1   Max: 33.3
Current: 10.6
3.1
33.3
Revenue Growth (%) 5.1
HES's Revenue Growth (%) is ranked lower than
3124997% of the 32 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 11.30 vs. HES: 5.1 )
HES' s 10-Year Revenue Growth (%) Range
Min: -3.1   Max: 15.2
Current: 5.1
-3.1
15.2
EBITDA Growth (%) 11.1
HES's EBITDA Growth (%) is ranked lower than
3448272% of the 29 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 10.00 vs. HES: 11.1 )
HES' s 10-Year EBITDA Growth (%) Range
Min: -9.9   Max: 18.1
Current: 11.1
-9.9
18.1
EPS Growth (%) 27.2
HES's EPS Growth (%) is ranked lower than
3571425% of the 28 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 16.90 vs. HES: 27.2 )
HES' s 10-Year EPS Growth (%) Range
Min: -21.8   Max: 27.2
Current: 27.2
-21.8
27.2
» HES's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

HES Guru Trades in Q2 2012

Paul Tudor Jones 8,000 sh (New)
Seth Klarman 1,000,000 sh (New)
Richard Perry 1,600,000 sh (New)
Brian Rogers 1,250,000 sh (New)
David Einhorn 2,085,000 sh (New)
Jim Simons 1,326,863 sh (+208.67%)
Manning & Napier Advisors, Inc 14,620,704 sh (+92.32%)
Mario Gabelli 141,550 sh (+1.32%)
Louis Moore Bacon Sold Out
Scott Black Sold Out
Pioneer Investments Sold Out
Dodge & Cox 6,812 sh (-3.4%)
Steven Cohen 1,074,429 sh (-53.94%)
PRIMECAP Management 2,728,408 sh (-57.42%)
» More
Q3 2012

HES Guru Trades in Q3 2012

Signature Select Canadian Fund 129,900 sh (New)
HOTCHKIS & WILEY 2,053,300 sh (New)
Richard Perry 1,853,000 sh (+15.81%)
Brian Rogers 1,424,700 sh (+13.98%)
Mario Gabelli 151,350 sh (+6.92%)
Dodge & Cox 6,812 sh (unchged)
Seth Klarman Sold Out
David Einhorn Sold Out
Manning & Napier Advisors, Inc 13,929,559 sh (-4.73%)
Steven Cohen 1,007,170 sh (-6.26%)
PRIMECAP Management 2,459,008 sh (-9.87%)
Paul Tudor Jones 6,300 sh (-21.25%)
Jim Simons 582,363 sh (-56.11%)
» More
Q4 2012

HES Guru Trades in Q4 2012

Louis Moore Bacon 95,000 sh (New)
Paul Singer 1,213,500 sh (New)
Brian Rogers 4,000,000 sh (+180.76%)
Jim Simons 1,098,263 sh (+88.59%)
Paul Tudor Jones 11,400 sh (+80.95%)
Steven Cohen 1,420,916 sh (+41.08%)
Richard Perry 2,150,000 sh (+16.03%)
Dodge & Cox 6,812 sh (unchged)
Jeremy Grantham 5,000 sh (unchged)
Mario Gabelli 148,905 sh (-1.62%)
Manning & Napier Advisors, Inc 13,511,719 sh (-3%)
PRIMECAP Management 2,203,008 sh (-10.41%)
HOTCHKIS & WILEY 1,292,700 sh (-37.04%)
» More
Q1 2013

HES Guru Trades in Q1 2013

Ray Dalio 10,100 sh (New)
Michael Price 550,000 sh (New)
Daniel Loeb 1,000,000 sh (New)
David Tepper 479,500 sh (New)
John Paulson 2,693,580 sh (New)
David Einhorn 1,245,000 sh (New)
Paul Singer 15,000,000 sh (+1136.09%)
Jeremy Grantham 18,900 sh (+278%)
Louis Moore Bacon 278,000 sh (+192.63%)
Mario Gabelli 156,605 sh (+5.17%)
Dodge & Cox 6,812 sh (unchged)
Richard Perry 250,000 sh (unchged)
Brian Rogers 4,000,000 sh (unchged)
Manning & Napier Advisors, Inc 13,019,088 sh (-3.65%)
Richard Perry 1,332,905 sh (-38%)
HOTCHKIS & WILEY 729,200 sh (-43.59%)
Paul Tudor Jones 4,900 sh (-57.02%)
Jim Simons 299,463 sh (-72.73%)
Steven Cohen 340,415 sh (-76.04%)
PRIMECAP Management 20,250 sh (-99.08%)
» More
» Details

Insider Trades

Latest Guru Trades with HES

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Michael Price 2013-03-31 New Buy5.2%$52.96 - $72.51 $ 67.484%550000
Richard Perry 2013-03-31 Reduce -38%1.6%$52.96 - $72.51 $ 67.484%1332905
Daniel Loeb 2013-03-31 New Buy1.3%$52.96 - $72.51 $ 67.484%1000000
John Paulson 2013-03-31 New Buy1.1%$52.96 - $72.51 $ 67.484%2693580
PRIMECAP Management 2013-03-31 Reduce -99.08%0.19%$52.96 - $72.51 $ 67.484%20250
Ray Dalio 2013-03-31 New Buy0.01%$52.96 - $72.51 $ 67.484%10100
Richard Perry 2012-12-31 Add 16.03%0.58%$48.87 - $55.62 $ 67.4830%2150000
Seth Klarman 2012-09-30 Sold Out 1.1%$42.31 - $56.07 $ 67.4838%0
Richard Perry 2012-09-30 Add 15.81%0.57%$42.31 - $56.07 $ 67.4838%1853000
Richard Perry 2012-06-30 New Buy2.8%$40.06 - $59.38 $ 67.4838%1600000
Seth Klarman 2012-06-30 New Buy1.1%$40.06 - $59.38 $ 67.4838%1000000
Scott Black 2012-06-30 Sold Out 0.82%$40.06 - $59.38 $ 67.4838%0
PRIMECAP Management 2012-06-30 Reduce -57.42%0.32%$40.06 - $59.38 $ 67.4838%2728408
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 8.40
HES's P/E(ttm) is ranked lower than
2325579% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 12.00 vs. HES: 8.40 )
HES' s 10-Year P/E(ttm) Range
Min: 4.13   Max: 65.23
Current: 8.4
4.13
65.23
P/B 1.09
HES's P/B is ranked lower than
1960782% of the 51 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.41 vs. HES: 1.09 )
HES' s 10-Year P/B Range
Min: 0.7   Max: 3.86
Current: 1.09
0.7
3.86
P/S 0.72
HES's P/S is ranked lower than
1886791% of the 53 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.78 vs. HES: 0.72 )
HES' s 10-Year P/S Range
Min: 0.27   Max: 1.18
Current: 0.72
0.27
1.18
EV-to-EBIT 8.3
HES's EV-to-EBIT is ranked lower than
2173911% of the 46 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 11.23 vs. HES: 8.3 )
HES' s 10-Year EV-to-EBIT Range
Min: 2.7   Max: 77.9
Current: 8.3
2.7
77.9
Shiller P/E 10.86
HES's Shiller P/E is ranked lower than
100% of the Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: vs. HES: 10.86 )
HES' s 10-Year Shiller P/E Range
Min: 7.27   Max: 32.49
Current: 10.86
7.27
32.49

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.59
HES's Dividend Yield is ranked lower than
2631576% of the 38 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 2.95 vs. HES: 0.59 )
HES' s 10-Year Dividend Yield Range
Min: 0.31   Max: 2.87
Current: 0.59
0.31
2.87
Dividend Payout 0.1
HES's Dividend Payout is ranked lower than
2777775% of the 36 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.40 vs. HES: 0.1 )
HES' s 10-Year Dividend Payout Range
Min: 0.05   Max: 0.18
Current: 0.1
0.05
0.18
Yield on cost (5-Year) 0.60
HES's Yield on cost (5-Year) is ranked lower than
2631576% of the 38 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 3.12 vs. HES: 0.60 )
HES' s 10-Year Yield on cost (5-Year) Range
Min: 0.31   Max: 2.87
Current: 0.6
0.31
2.87
Share Buyback Rate -1.1
HES's Share Buyback Rate is ranked lower than
11111100% of the 9 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.50 vs. HES: -1.1 )
HES' s 10-Year Share Buyback Rate Range
Min: 0.7   Max: -4.3
Current: -1.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 6
HES's Price/Net Current Asset Value is ranked lower than
2222220% of the 45 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 11.90 vs. HES: 6 )
HES' s 10-Year Price/Net Current Asset Value Range
Min: 2.3   Max: 7.8
Current: 6
2.3
7.8
Price/Tangible Book 1.3
HES's Price/Tangible Book is ranked lower than
1960782% of the 51 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.60 vs. HES: 1.3 )
HES' s 10-Year Price/Tangible Book Range
Min: 1   Max: 3.8
Current: 1.3
1
3.8
Price/DCF (Projected) 2.6
HES's Price/DCF (Projected) is ranked lower than
4761900% of the 21 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.20 vs. HES: 2.6 )
HES' s 10-Year Price/DCF (Projected) Range
Min: 0.9   Max: 3.9
Current: 2.6
0.9
3.9
Price/Median PS Value 1.2
HES's Price/Median PS Value is ranked lower than
1999998% of the 50 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.90 vs. HES: 1.2 )
HES' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.9
Current: 1.2
0.6
1.9
Price/Graham Number 0.8
HES's Price/Graham Number is ranked lower than
2439022% of the 41 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.90 vs. HES: 0.8 )
HES' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 1.7
Current: 0.8
0.6
1.7
Earnings Yield (Greenblatt) 12.00
HES's Earnings Yield (Greenblatt) is ranked lower than
2173911% of the 46 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 8.90 vs. HES: 12.00 )
HES' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.3   Max: 37.1
Current: 12
1.3
37.1
Forward Rate of Return (Yacktman) -6.12
HES's Forward Rate of Return (Yacktman) is ranked lower than
6666660% of the 15 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 7.71 vs. HES: -6.12 )
HES' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -9   Max: 45.6
Current: -6.12
-9
45.6

Business Description

Hess Corp is a Delaware corporation, incorporated in 1920. The Company and its subsidiaries is a global integrated energy company that operates in two segments, Exploration and Production (E&P) and Marketing and Refining (M&R). The E&P segment explores for, develops, produces, purchases, transports and sells crude oil and natural gas. These exploration and production activities take place principally in Algeria, Australia, Azerbaijan, Brazil, Brunei, China, Denmark, Egypt, Equatorial Guinea, France, Ghana, Indonesia, the Kurdistan region of Iraq, Libya, Malaysia, Norway, Peru, Russia, Thailand, the United Kingdom and the United States (U.S.). The M&R segment manufactures refined petroleum products and purchases, markets and trades refined petroleum products, natural gas and electricity. The Company also operates a refining facility, terminals, and retail gasoline stations, most of which include convenience stores that are located on the East Coast of the United States. The Company markets refined petroleum products, natural gas and electricity on the East Coast of the United States to the motoring public, wholesale distributors, industrial and commercial users, other petroleum companies, governmental agencies and public utilities. The petroleum industry is competitive and very capital intensive. The Company encounters competition from numerous companies in each of its activities, including acquiring rights to explore for crude oil and natural gas, and in purchasing and marketing of refined petroleum products, natural gas and electricity.
Company Website
SEC Reports
Industry: Oil & Gas Integrated
Compare:XOM, RDS.B, CVX, EC, PBR
Traded in other countries:AHC.Germany
» More Articles for HES

Headlines

Articles On GuruFocus.com
John Paulson’s Top 5 Biggest New Buys May 17 2013 
David Einhorn Buys Ira Sohn Recommendation, 5 Others May 16 2013 
David Tepper Buys 10 New Stocks May 15 2013 
Manning & Napier Advisors Buys VeriFone Systems Inc. Jan 23 2013 
Weekly Top Insider Buys: KMI, EXC, HES, ADM Nov 19 2012 
Seth Klarman Buys Rovi Corp, Novagold, Idenix Pharmaceuticals, Sells Hewlett-packard, Microsoft and Nov 13 2012 
Four New Picks from Seth Klarman: ORCL, GNW, HES, NCQ; Adds to HPQ, BP, NG, ANV, IDIX, VSAT Aug 13 2012 
Brian Rogers of T. Rowe Price Buys Five New Stocks Jul 18 2012 
Weekly Top Insider Buys: IBM, BAC, SPG, HES, VRX May 21 2012 
Weekly Highlight of Top Insider Buys: GE, KO, BAC, CME, HES May 07 2012 

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