Stock Price & Analysis

Based on the available data and current market conditions, here's a comprehensive analysis of HES stock:

Technical Analysis

The stock is showing bullish momentum with key technical indicators:

• RSI-14 at 57.43 indicates neutral-to-bullish momentum
• MACD (12,26,9) is positive with MACD at 1.82 and signal line at 1.41
• Stock is trading above both 60-day SMA ($141.86) and 200-day SMA ($141.77)
• Current pre-market price at $149.50 (+0.94%) suggests positive sentiment

Fundamental Analysis

Key financial metrics from 2022 show strong performance:

• Revenue: $11.32B
• Net Income: $2.10B
• Gross Margin: 53.32%
• ROE: 29.61%
• Current Ratio: 1.64
• Debt/Equity: 99.82%

Recent Developments

A major catalyst for HES is Chevron's pending $53 billion acquisition announced in October 2023. However, the deal is currently stalled pending arbitration due to challenges from Exxon Mobil and CNOOC. This uncertainty creates both opportunities and risks.

Fibonacci Levels

• Resistance R1: $150.28
• Resistance R2: $152.42
• Resistance R3: $155.88
• Support S1: $143.37
• Support S2: $141.23
• Support S3: $137.78
• Pivot: $146.83

Analyst Perspective Recent analyst coverage from UBS maintains a Buy rating with a $186 price target, suggesting a 17% upside potential from current levels.

Conclusion Given the technical strength, solid fundamentals, and potential acquisition premium, HES presents a buying opportunity at current levels. However, investors should be aware of the arbitration risk regarding the Chevron acquisition.

Based on the provided data and market analysis, here is the price prediction for HES stock in 2025:

HES stock is expected to reach $155-160 by end of 2025, driven by the pending Chevron acquisition and strong operational performance. The acquisition by Chevron is likely to provide a premium for shareholders, while the company's impressive quarterly results and EBITDA growth support this target range. Technical indicators show the stock is trading above key moving averages with strong momentum.

The prediction is supported by:

• Strong technical setup with price trading above both 50-day and 200-day moving averages
• Positive momentum indicators with RSI at 57.43 showing room for further upside
• Fibonacci resistance levels pointing to $155.88 as next major target
• Chevron acquisition catalyst expected to drive premium valuation

The S1 support level for HES Stock is $144.22 ,The R1 resistant level for HES Stock is $150.47.

As of the end of day on 2025-02-26, the price of HES Stock was $147.15.

The target price for HES Stock according to analyst rating is 168.60, with the highest price target at 199.00 and the lowest at 151.00. Analysts have a Moderate Buy rating on HES Stock overall.

The market cap of HES is $45.3B.

Based on the comprehensive data analysis, HES appears to be overvalued for the following key reasons:

Valuation Metrics

• P/E ratio has significantly increased from 20.95 in 2022 to 32.09 in 2023, showing substantial premium
• EV/EBITDA ratio expanded from 9.07 to 10.52, indicating higher valuation multiples
• Price-to-Sales ratio rose from 3.88 to 4.22, suggesting rich valuation

Financial Performance Deterioration

• Revenue declined from $11.32B in 2022 to $10.51B in 2023
• Net income dropped significantly from $2.09B to $1.38B
• Net margin compressed from 21.61% to 16.54%
• ROE decreased sharply from 29.61% to 16.41%

Technical Analysis

• Current RSI of 57.43 indicates neutral momentum
• Trading near upper Bollinger Band suggests overbought conditions
• MACD showing weakening upward momentum

Additional Risk Factor The pending Chevron acquisition faces legal challenges from Exxon Mobil and CNOOC regarding Guyana assets, creating uncertainty around deal completion and potential valuation.

Hess Corporation is an exploration and production (E&P) company. The Company is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas with production operations located in the United States (U.S.), Guyana, the Malaysia/Thailand Joint Development Area (JDA) and Malaysia. The Company operates through two segments: E&P and Midstream. The E&P operating segment explores for, develops, produces, purchases and sells crude oil, NGL and natural gas. The Midstream operating segment provides fee-based services, including gathering, compressing and processing natural gas and fractionating NGL; gathering, terminating, loading and transporting crude oil and NGL; storing and terminating propane, and water handling services primarily in the Bakken shale play of North Dakota. The Company conducts exploration activities primarily offshore Guyana, in the U.S. Gulf of Mexico, and offshore Suriname.

Based on the available data and market analysis, here is the 2030 price prediction for HES stock in 3 sentences:

HES stock is projected to reach approximately $255 by 2030, representing a 71% increase from current levels, driven by strong production growth in Guyana assets and continued operational efficiency improvements. The pending acquisition by Chevron at $171 per share provides a solid floor price, while the company's robust financials with 58.6% gross margins and 24.4% net margins support long-term value creation. Technical indicators showing RSI at 57.43 and positive MACD suggest current momentum remains constructive for sustained growth over the coming years.

HES has a total of 1756 employees.