Financials Hess Corporation London S.E.

Equities

0J50

US42809H1077

Oil & Gas Exploration and Production

Delayed London S.E. 10:53:38 2024-03-21 am EDT 5-day change 1st Jan Change
149.8 USD +0.92% Intraday chart for Hess Corporation -1.33% +3.69%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 20,165 16,104 22,787 43,495 44,091 46,226 - -
Enterprise Value (EV) 1 26,000 22,661 28,532 49,290 51,016 52,796 52,359 51,449
P/E ratio -48.8 x -5.2 x 40.9 x 19.8 x 32.1 x 14.7 x 13.9 x 11.9 x
Yield 1.5% 1.89% 1.35% 1.06% 1.21% 1.3% 1.47% 1.67%
Capitalization / Revenue 3.1 x 3.35 x 3.02 x 3.76 x 4.14 x 3.53 x 3.29 x 3.09 x
EV / Revenue 3.99 x 4.72 x 3.78 x 4.26 x 4.79 x 4.03 x 3.73 x 3.44 x
EV / EBITDA 8.8 x 10.4 x 7.49 x 8.07 x 9.6 x 6.98 x 6.6 x 5.8 x
EV / FCF -21.9 x -26.2 x 25 x 40.4 x -307 x 59.7 x 23.5 x 35.9 x
FCF Yield -4.57% -3.81% 4.01% 2.47% -0.33% 1.68% 4.26% 2.78%
Price to Book 2.33 x 3 x 3.63 x 5.5 x 4.93 x 3.75 x 2.97 x 2.34 x
Nbr of stocks (in thousands) 301,825 305,063 307,810 306,692 305,847 307,091 - -
Reference price 2 66.81 52.79 74.03 141.8 144.2 150.5 150.5 150.5
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,510 4,804 7,554 11,570 10,645 13,096 14,033 14,946
EBITDA 1 2,956 2,169 3,808 6,105 5,312 7,563 7,928 8,877
EBIT 1 601 -2,382 1,971 4,174 2,949 5,080 5,489 6,314
Operating Margin 9.23% -49.58% 26.09% 36.08% 27.7% 38.79% 39.12% 42.25%
Earnings before Tax (EBT) 1 221 -2,850 1,490 3,681 2,471 4,588 4,922 5,552
Net income 1 -412 -3,093 559 2,223 1,382 3,132 3,324 3,864
Net margin -6.33% -64.38% 7.4% 19.21% 12.98% 23.91% 23.69% 25.86%
EPS 2 -1.370 -10.15 1.810 7.180 4.490 10.21 10.79 12.64
Free Cash Flow 1 -1,187 -864 1,143 1,219 -166 885 2,228 1,432
FCF margin -18.23% -17.99% 15.13% 10.54% -1.56% 6.76% 15.88% 9.58%
FCF Conversion (EBITDA) - - 30.02% 19.97% - 11.7% 28.11% 16.13%
FCF Conversion (Net income) - - 204.47% 54.84% - 28.26% 67.04% 37.06%
Dividend per Share 2 1.000 1.000 1.000 1.500 1.750 1.955 2.214 2.512
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,255 2,371 2,988 3,157 3,054 2,453 2,320 2,837 3,035 3,314 3,265 3,232 3,241 3,371 3,616
EBITDA 1 1,132 1,183 1,627 1,596 1,677 1,284 1,083 1,498 1,447 2,127 1,868 1,786 1,754 1,785 1,944
EBIT 1 689 803 1,203 1,013 1,133 727 487 934 801 1,528 1,274 1,211 1,234 1,253 1,359
Operating Margin 30.55% 33.87% 40.26% 32.09% 37.1% 29.64% 20.99% 32.92% 26.39% 46.11% 39.04% 37.46% 38.06% 37.17% 37.58%
Earnings before Tax (EBT) 1 568 702 1,082 888 1,009 604 365 817 685 1,415 1,143 1,155 1,157 1,180 1,236
Net income 1 265 417 667 515 624 346 119 504 413 972 769.2 747.5 762.7 754.6 807.6
Net margin 11.75% 17.59% 22.32% 16.31% 20.43% 14.11% 5.13% 17.77% 13.61% 29.33% 23.56% 23.13% 23.53% 22.39% 22.34%
EPS 2 0.8500 1.340 2.150 1.670 2.030 1.130 0.3900 1.640 1.340 3.160 2.500 2.429 2.482 2.516 2.693
Dividend per Share 2 0.2500 0.3750 0.3750 0.3750 0.3750 0.4375 0.4375 0.6750 0.4375 - 0.4688 0.4688 0.4688 0.6250 0.5625
Announcement Date 1/26/22 4/27/22 7/27/22 10/26/22 1/25/23 4/26/23 7/26/23 10/25/23 1/31/24 4/25/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,835 6,557 5,745 5,795 6,925 6,570 6,133 5,222
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.974 x 3.023 x 1.509 x 0.9492 x 1.304 x 0.8687 x 0.7736 x 0.5883 x
Free Cash Flow 1 -1,187 -864 1,143 1,219 -166 885 2,228 1,432
ROE (net income / shareholders' equity) -3.06% -12.7% 11.6% 31.1% 18.4% 30.9% 25.9% 28.3%
ROA (Net income/ Total Assets) -1.3% -15.2% 2.84% 10.5% 6.05% 10.2% 9.88% 5.5%
Assets 1 31,680 20,302 19,668 21,121 22,851 30,592 33,635 70,260
Book Value Per Share 2 28.60 17.60 20.40 25.80 29.20 40.10 50.70 64.20
Cash Flow per Share 2 7.430 5.920 9.670 16.90 14.60 20.40 21.50 24.20
Capex 1 2,829 2,197 1,747 2,725 4,108 4,163 4,616 4,658
Capex / Sales 43.46% 45.73% 23.13% 23.55% 38.59% 31.79% 32.9% 31.17%
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
150.5 USD
Average target price
173.9 USD
Spread / Average Target
+15.54%
Consensus