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Hess Corporation ($HES) Stock Forecast: Up 5.1% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Hess Corporation?

Hess Corporation (HES) is an American global independent energy company engaged in the exploration and production of crude oil and natural gas.

Why is Hess Corporation going up?

HES stock is up 5.1% on Jul 8, 2025 16:50

  • The final decision on Chevron's disputed acquisition of Hess has potentially influenced HES's stock in a positive manner by providing clarity and stability for the company's future.
  • Expectations of Hess surpassing earnings estimates again may have contributed to the upward movement in the stock, demonstrating investor confidence in the company's financial performance.
  • The convergence of these two factors likely propelled the significant bullish trend in HES's stock today, underscoring an optimistic outlook for the company's growth and profitability.

HES Price Chart

HES Technical Analysis

HES News

Final Decision Reached on Chevron's Disputed Hess Acquisition

CVX nears a decisive moment as arbitrators take final decision on its $53 billion Hess deal and entry into Guyana's top-tier oilfield.

https://www.zacks.com/stock/news/2565464/final-decision-reached-on-chevrons-disputed-hess-acquisition

0 Missing News Article Image Final Decision Reached on Chevron's Disputed Hess Acquisition

Why Hess ( HES ) is Poised to Beat Earnings Estimates Again

Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

https://www.zacks.com/stock/news/2562152/why-hess-hes-is-poised-to-beat-earnings-estimates-again

1 Missing News Article Image Why Hess  ( HES )  is Poised to Beat Earnings Estimates Again

Hess Corporation Price History

31.00.2025 - HES Stock was down 5.3%

  • Despite surpassing Q4 earnings and revenue estimates, Hess' stock saw a bearish movement.
  • The market's negative reaction might be linked to the company's forecast of decreased production in Q1 2025, attributed to planned maintenance impacts.
  • Concerns may arise among investors regarding potential challenges in maintaining growth in Guyana and Bakken fields.
  • The bearish trend could also be influenced by general market conditions or sector-specific factors affecting energy stocks.

08.06.2025 - HES Stock was up 5.1%

  • The final decision on Chevron's disputed acquisition of Hess has potentially influenced HES's stock in a positive manner by providing clarity and stability for the company's future.
  • Expectations of Hess surpassing earnings estimates again may have contributed to the upward movement in the stock, demonstrating investor confidence in the company's financial performance.
  • The convergence of these two factors likely propelled the significant bullish trend in HES's stock today, underscoring an optimistic outlook for the company's growth and profitability.

09.09.2023 - HES Stock was up 5.3%

  • The bullish movement in HES stock today can be attributed to the positive outlook for production growth, as mentioned in an article from Zacks Commentary. The company's plan to bring new wells online in 2023 is likely seen as a promising development by investors.
  • The comprehensive guide to valuation mentioned in an article from GuruFocus might have also contributed to the bullish sentiment, as it could have highlighted the stock's potential undervaluation.
  • The bearish options activity mentioned in an article from Benzinga may not have had a significant impact on the overall market movement, as it is unclear whether it was from an institution or an individual investor.
  • The rise in short interest mentioned in an article from Benzinga could have potentially added to the bullish movement, as short sellers may have been forced to cover their positions, leading to increased buying pressure on the stock.

23.09.2023 - HES Stock was up 4.0%

  • Hess Corp. shares are up 15% in 2023, indicating a positive trend in the market.
  • The continuous inflows and unusual money flows suggest a favorable demand picture for oil, which could be driving the bullish movement.
  • ExxonMobil's confidence in Guyana as a dependable location for their projects, including the Whiptail project, could be contributing to the positive sentiment surrounding Hess.
  • Solid earnings estimate revisions for Hess also indicate a potential for further upward movement in the near term.

06.02.2024 - HES Stock was down 1.7%

  • Ongoing extended output reductions by OPEC+ until the second quarter aimed at stabilizing crude oil prices have impacted energy stocks like Hess.
  • Geopolitical tensions in the Middle East have led to stagnation in oil prices despite expectations of an increase, negatively affecting energy companies.
  • Potential mergers and acquisitions involving Hess, Pioneer Natural, and Splunk have created market uncertainty, influencing a bearish sentiment towards Hess stock.
  • Amidst a quest for stable dividend stocks, current market conditions and geopolitical issues have overshadowed the appeal of energy stocks like Hess, resulting in today's bearish trend.

27.09.2023 - HES Stock was down 5.2%

  • Chevron reported Q3 FY23 total revenues and other income of $54.1 billion, beating the consensus. However, sales and other operating revenues fell to $51.9 billion from $63.5 billion a year ago, mainly due to lower commodity prices.
  • Chevron's profit fell short of analysts' expectations, primarily due to weak returns from its overseas refineries.
  • Exxon Mobil, another oil giant, also reported mixed Q3 results compared to last year's big numbers. However, they had their strongest ever refinery throughput for the period, indicating strength in the refining sector.
  • The market movement of HES could be attributed to the overall weakness in the oil industry, with Chevron and other oil companies facing challenges in refining and lower commodity prices.
  • The recent announcement of Chevron's acquisition of smaller rival Hess for $53 billion might have also impacted market sentiment, as investors assess the potential impact of the deal on Chevron's financials and future prospects.

03.03.2025 - HES Stock was down 6.5%

  • HES experienced a bearish movement possibly due to profit-taking after a recent uptrend.
  • The positive movement of Prairie Operating Co. (PROP) might have diverted investor attention away from HES.
  • The lack of significant positive news or catalysts for HES could have contributed to the bearish sentiment.
  • Traders might be cautious about the overall energy sector, leading to selling pressure on HES shares.

03.03.2025 - HES Stock was down 6.0%

  • Despite a history of impressive earnings surprises, Hess (HES) saw a bearish movement today, hinting at a possible disconnect between past performance and current market expectations.
  • Speculation about Hess potentially falling short of earnings estimates in its upcoming quarterly update may have played a role in the stock's bearish trend.
  • The general bearish movement in the energy sector, impacted by worries about oil price fluctuations and economic conditions, could have also influenced Hess's stock performance.

01.07.2024 - HES Stock was down 5.1%

  • Hess Corp's proposed takeover by Chevron Corp worth $53 billion faced obstacles due to arbitration claims filed by Exxon Mobil and CNOOC Ltd, asserting their right of first refusal to any sale of Hess's stake in a lucrative Guyana oil-producing joint venture.
  • The delay in the arbitration process until next year added further pressure on the proposed acquisition, leading to investor concerns and a bearish trend in the stock price.
  • Despite Hess reporting strong Q2 earnings with rising revenues, the market sentiment was overshadowed by the uncertainties surrounding the Chevron deal, contributing to the bearish movement in the stock.
  • The overall oil and gas sector has been volatile, influenced by geopolitical factors such as the upcoming presidential election and differing opinions on the future of the industry, impacting stock performances like Hess in today's trading session.

03.02.2025 - HES Stock was down 2.5%

  • Despite reporting positive earnings 30 days ago, the stock of Hess Corporation (HES) experienced a bearish movement today.
  • The market may have reacted negatively to the earnings estimates for the upcoming period, causing investors to sell off their positions.
  • The slight increase in the stock price after the last earnings report was not sustained, indicating that investors may have concerns about the company's future performance.
  • The bearish movement could also be influenced by broader market conditions or sector-specific challenges impacting oil and gas companies.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.