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Hess (WBO:HES) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2025)


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What is Hess Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hess Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hess's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hess Cyclically Adjusted Price-to-FCF Chart

Hess Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Hess Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Hess's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Hess's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hess's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hess's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hess's Cyclically Adjusted Price-to-FCF falls into.


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Hess Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Hess's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hess's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.166/134.9266*134.9266
=1.166

Current CPI (Mar. 2025) = 134.9266.

Hess Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -1.479 100.684 -1.982
201509 -2.140 100.392 -2.876
201512 -1.012 99.792 -1.368
201603 -2.037 100.470 -2.736
201606 -1.188 101.688 -1.576
201609 -0.560 101.861 -0.742
201612 -0.487 101.863 -0.645
201703 -0.122 102.862 -0.160
201706 -0.892 103.349 -1.165
201709 -1.134 104.136 -1.469
201712 -0.569 104.011 -0.738
201803 -0.498 105.290 -0.638
201806 -0.196 106.317 -0.249
201809 -0.341 106.507 -0.432
201812 0.654 105.998 0.832
201903 -1.279 107.251 -1.609
201906 0.149 108.070 0.186
201909 -0.798 108.329 -0.994
201912 -1.603 108.420 -1.995
202003 -1.110 108.902 -1.375
202006 -0.911 108.767 -1.130
202009 -0.807 109.815 -0.992
202012 0.302 109.897 0.371
202103 0.562 111.754 0.679
202106 1.161 114.631 1.367
202109 0.321 115.734 0.374
202112 1.114 117.630 1.278
202203 -2.054 121.301 -2.285
202206 2.574 125.017 2.778
202209 2.014 125.227 2.170
202212 1.406 125.222 1.515
202303 -0.605 127.348 -0.641
202306 0.459 128.729 0.481
202309 -0.061 129.860 -0.063
202312 -0.298 129.419 -0.311
202403 -0.215 131.776 -0.220
202406 2.236 132.554 2.276
202409 1.251 133.029 1.269
202412 -1.374 133.157 -1.392
202503 1.166 134.927 1.166

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Hess  (WBO:HES) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Hess Cyclically Adjusted Price-to-FCF Related Terms

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Hess Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hess Corp (WBO:HES) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1185 Avenue of the Americas, New York, NY, USA, 10036
Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2024, the company reported net proved reserves of 1.44 billion barrels of oil equivalent. Net production averaged 481 thousand barrels of oil equivalent per day in 2024, at a ratio of 79% oil and natural gas liquids and 21% natural gas.