This summary was created by AI, based on 1 opinions in the last 12 months.
Based on expert reviews, it is believed that Hess Corp. (HES-N) is a strong investment opportunity as oil prices are expected to continue rising, driving momentum for the stock. This positive outlook is likely due to various market factors and industry trends, indicating potential for growth and profitability in the near future. Investors should consider the potential for long-term gains with this stock given the optimistic projections from experts.
Energy is bouncing back. Hess has resources in Mexico, North Sea and Africa (Guyana). They used their free cash flow to develop new resources, They found the largest new oil find in the last 20 years. They could produce a million barrels a day in Guyana by 2025. Great cash flow, and they do share buybacks. Great growth ahead. (1.4% dividend, Analysts' price target: $71.95)
In Guyana, has had the largest new oil find in 20 years. Stock has been strong since February and energy is the best-performing sector in the last two weeks. (Analysts' price target $55.27)
Hess Corp. is a American stock, trading under the symbol HES-N on the New York Stock Exchange (HES). It is usually referred to as NYSE:HES or HES-N
In the last year, there was no coverage of Hess Corp. published on Stockchase.
Hess Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Hess Corp..
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0 stock analysts on Stockchase covered Hess Corp. In the last year. It is a trending stock that is worth watching.
On 2024-10-07, Hess Corp. (HES-N) stock closed at a price of $140.28.
Because oil prices will continue to rise and this stock has momentum.