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Hess (MEX:HES) E10 : MXN-111.89 (As of Dec. 2024)


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What is Hess E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Hess's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN36.706. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-111.89 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was -18.60% per year. During the past 5 years, the average E10 Growth Rate was -38.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Hess was 43.50% per year. The lowest was -94.30% per year. And the median was 12.50% per year.

As of today (2025-03-03), Hess's current stock price is MXN3055.79. Hess's E10 for the quarter that ended in Dec. 2024 was MXN-111.89. Hess's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Hess was 371.61. The lowest was 6.95. And the median was 11.89.


Hess E10 Historical Data

The historical data trend for Hess's E10 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.

* Premium members only.

Hess E10 Chart

Hess Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -71.14 -101.23 -111.89

Hess Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -101.23 -94.52 -100.99 -105.96 -111.89

Competitive Comparison of Hess's E10

For the Oil & Gas E&P subindustry, Hess's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hess's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hess's Shiller PE Ratio falls into.



Hess E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Hess's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=36.706/133.1571*133.1571
=36.706

Current CPI (Dec. 2024) = 133.1571.

Hess Quarterly Data

per share eps CPI Adj_EPS
201503 -20.886 99.621 -27.917
201506 -31.223 100.684 -41.293
201509 -16.560 100.392 -21.965
201512 -110.564 99.792 -147.530
201603 -29.608 100.470 -39.241
201606 -23.857 101.688 -31.240
201609 -21.656 101.861 -28.310
201612 -322.656 101.863 -421.783
201703 -20.147 102.862 -26.081
201706 -26.391 103.349 -34.003
201709 -36.659 104.136 -46.875
201712 -257.670 104.011 -329.874
201803 -6.904 105.290 -8.731
201806 -9.432 106.317 -11.813
201809 -3.367 106.507 -4.210
201812 -1.078 105.998 -1.354
201903 1.746 107.251 2.168
201906 -0.384 108.070 -0.473
201909 -13.819 108.329 -16.986
201912 -13.768 108.420 -16.909
202003 -187.584 108.902 -229.365
202006 -24.236 108.767 -29.671
202009 -17.673 109.815 -21.430
202012 -6.324 109.897 -7.663
202103 16.762 111.754 19.972
202106 -4.777 114.631 -5.549
202109 7.608 115.734 8.753
202112 17.437 117.630 19.739
202203 26.681 121.301 29.289
202206 43.254 125.017 46.070
202209 33.592 125.227 35.719
202212 34.703 125.222 36.902
202303 20.368 127.348 21.297
202306 6.686 128.729 6.916
202309 28.741 129.860 29.471
202312 22.745 129.419 23.402
202403 52.356 131.776 52.905
202406 45.010 132.554 45.215
202409 31.825 133.029 31.856
202412 36.706 133.157 36.706

Add all the adjusted EPS together and divide 10 will get our e10.


Hess  (MEX:HES) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Hess was 371.61. The lowest was 6.95. And the median was 11.89.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Hess E10 Related Terms

Thank you for viewing the detailed overview of Hess's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Hess Business Description

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.