Hess Corporation (HES) has seen significant changes recently. Analyst coverage by
StockNews.com was reported, revealing that HES has underperformed against its competitors on several days. Hess Corporation shareholders' views on the pending $53B Chevron deal vary, with leading shareholder
D.E. Shaw and proxy firm ISS recommending abstention from voting. Hess's
Q1 Earnings surpassed estimates, contributing to an increased 2023 production outlook. Hess COO and President,
E&P Gregory Hill, sold 56925 shares. However, private advisory groups and others have acquired shares. Expansion of the company's price target to
$210 and $167 by different analysts signifies positive expectations from Hess. Hess's Guyana oil assets have sparked disputes in the energy sector, and its success in overcoming price challenges led analysts to predict Q2 2024 earnings of $2.19 per share. Glass Lewis, an investment advisory service, recommends Hess shareholders in favor of the Chevron merger. Despite some stock underperformance, Hess Corp's overall growth prognosis appears strong.
Hess Corporation HES News Analytics from Mon, 25 Sep 2023 07:00:00 GMT to Sun, 19 May 2024 11:27:02 GMT -
Rating 3
- Innovation -5
- Information 6
- Rumor -4
