- Hess’s adjusted earnings per share (EPS) for the fourth quarter were $1.76, surpassing the prior year figure of $1.63 and beating the forecasted $1.49.
- Bakken production reached 208,000 net barrels of oil equivalent per day (boe/d), marking a 7.2% increase from the previous year and exceeding the estimate of 202,781 boe/d.
- The realized price for natural gas liquids (NGLs) was $23.05 per barrel, a 10% year-over-year increase, surpassing the estimated $21.71.
- The realized price for natural gas per thousand cubic feet was $4.10, a decrease of 9.1% compared to the previous year and slightly below the estimated $4.23.
- Adjusted cash flow from operations rose by 23% year-over-year to $1.52 billion.
- Cash operating costs per boe decreased by 2.6% to $12.95, slightly above the estimated cost of $12.23.
- Exploration and production capital expenditures reached $1.68 billion, up 13% year-over-year, though slightly below the expected $1.72 billion.
- The average hedged realized oil price per barrel was $72.10, a drop of 5.9% from the previous year but higher than the estimated $69.34.
- Total revenues and non-operating income increased by 6.3% to $3.23 billion, exceeding the estimate of $2.89 billion.
- Bakken net production in the first quarter of 2025 is projected to be between 195,000 and 200,000 boe/d, accounting for potential disruptions from winter weather.
- Full-year 2025 exploration and production capital and exploratory expenditures are expected to be around $4.5 billion, including approximately $240 million in capitalized interest.
- Analyst recommendations for Hess include 8 buy ratings, 10 hold ratings, and 0 sell ratings.
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A look at Hess Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Hess Corp shows a positive long-term outlook. With a strong score of 5 in Growth and 4 in Momentum, the company is positioned well for future expansion and performance in the market. Additionally, having a decent score of 3 in Value, Dividend, and Resilience indicates a stable foundation for growth and sustainability.
Hess Corporation, a global independent energy company specializing in crude oil and natural gas exploration and production, seems poised for steady growth and resilience in the industry. With a favorable combination of high scores in Growth and Momentum, supported by solid ratings in Value, Dividend, and Resilience, the company presents a promising prospect for investors seeking long-term opportunities in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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