Balance Sheet Dive: Hess Corporation (HES)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $129.71 in the prior trading day, Hess Corporation (NYSE: HES) closed at $127.66, down -1.58%. In other words, the price has decreased by -$1.58 from its previous closing price. On the day, 2.71 million shares were traded. HES stock price reached its highest trading level at $131.23 during the session, while it also had its lowest trading level at $127.24.

Ratios:

Our goal is to gain a better understanding of HES by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.85.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on December 09, 2024, Upgraded its rating to Overweight and sets its target price to $193 from $151 previously.

On September 30, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $150.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 ’24 when HESS JOHN B sold 125,000 shares for $148.31 per share. The transaction valued at 18,539,188 led to the insider holds 92,894 shares of the business.

HESS JOHN B sold 125,000 shares of HES for $18,384,614 on Nov 20 ’24. The Chief Executive Officer now owns 217,894 shares after completing the transaction at $147.08 per share. On Nov 22 ’24, another insider, HESS JOHN B, who serves as the Chief Executive Officer of the company, sold 92,894 shares for $147.80 each. As a result, the insider received 13,729,272 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HES now has a Market Capitalization of 39334346752 and an Enterprise Value of 48260583424. As of this moment, Hess’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.90, and their Forward P/E ratio for the next fiscal year is 16.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.08 while its Price-to-Book (P/B) ratio in mrq is 3.64. Its current Enterprise Value per Revenue stands at 3.872 whereas that against EBITDA is 6.909.

Stock Price History:

Over the past 52 weeks, HES has reached a high of $163.98, while it has fallen to a 52-week low of $123.79. The 50-Day Moving Average of the stock is -9.42%, while the 200-Day Moving Average is calculated to be -11.87%.

Shares Statistics:

The stock has traded on average 1.59M shares per day over the past 3-months and 1840880 shares per day over the last 10 days, according to various share statistics. A total of 308.12M shares are outstanding, with a floating share count of 281.04M. Insiders hold about 8.79% of the company’s shares, while institutions hold 80.25% stake in the company. Shares short for HES as of 1732838400 were 5732242 with a Short Ratio of 3.61, compared to 1730332800 on 4313171. Therefore, it implies a Short% of Shares Outstanding of 5732242 and a Short% of Float of 2.33.

Dividends & Splits

In the trailing 12 months, HES’s forward annual dividend rate was 1.813, compared to 1.88 this year. Against a Trailing Annual Dividend Yield of 0.013977333The stock’s 5-year Average Dividend Yield is 1.39.

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