Vazirani Asset Management LLC released 10,000 shares of Hess Co., going through a declining phase. However, Hess Corporation's Q1 2025 revenue surpassed the estimated revenue from FactSet by a bit. It also laid out future prospects, with its solo earnings date before its merger with Chevron. Despite a slight miss in revenue, Hess surpassed EPS estimates and continued to show financial stability. Numerous investment firms and advisors have either been buying or selling shares of Hess, indicating active market involvement. The corporation's standing among American energy and crude oil stocks seemed quite favourable. Its Q1 financial results and earnings, however, drew mixed responses. A potential merger with Chevron raised concerns, leading to a hearing on Exxon's dispute. Despite declining Q1 profit, Hess beat estimates and bolstered its position with the announcement of a regular quarterly dividend. Its health initiative in Guyana signaled corporate responsibility. Price targets for Hess were adjusted by UBS and Susquehanna over oil price concerns. Nonetheless, Hess remains named in the Dow Jones Sustainability Index and the Wall Street Journalβs Top 250 Best Managed Companies.
Hess Corporation HES News Analytics from Mon, 30 Sep 2024 07:00:00 GMT to Sat, 03 May 2025 16:51:05 GMT -
Rating 2
- Innovation 1
- Information 4
- Rumor -1
