(HES) Hess - Ratings and Ratios

Hess Corporation (NYSE: HES) is a global exploration and production company focused on the discovery, development, and production of crude oil, natural gas liquids (NGLs), and natural gas. The company operates across two primary segments: Exploration and Production (E&P) and Midstream. Its E&P activities are concentrated in key regions such as the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. Exploration efforts are primarily offshore in areas like Guyana, the U.S. Gulf of Mexico, Suriname, and Canada.

In addition to its upstream operations, Hess has a robust midstream business that includes natural gas gathering, compression, and processing, as well as NGL fractionation. The company also specializes in the transportation and storage of crude oil and NGLs, leveraging rail and terminal infrastructure. Notably, Hess provides water handling services in the Bakken Shale, a critical capability for efficient operations in the Williston Basin of North Dakota.

With a market capitalization of approximately $44 billion, Hess trades on the NYSE under the ticker symbol HES. The company’s financial metrics include a trailing P/E ratio of 15.79 and a forward P/E of 17.42, reflecting expectations for future earnings growth. Its price-to-book ratio stands at 3.90, and the price-to-sales ratio is 3.53, indicating a premium valuation relative to its peers in the Oil & Gas Exploration & Production sector.

Hess Corporation, incorporated in 1920 and headquartered in New York, New York, has established itself as a significant player in the energy sector, balancing upstream growth with midstream infrastructure to create long-term value for shareholders.