Hess Market capitalization 2024

Hess Market capitalization

48.06 B USD

Hess Dividend yield

1.12 %

Ticker

HES

ISIN

US42809H1077

WKN

A0JMQL

In 2024, Hess's market cap stood at 48.06 B USD, a 15.97% increase from the 41.44 B USD market cap in the previous year.

The Hess Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2029e18.1341,71-
2028e16.4745,925.59
2027e14.7451,313.26
2026e13.6355,473.38
2025e13.8954,453.14
2024e12.2361,852.31
202310.5171,951.38
202211.3268,362.1
20217.4770,480.56
20204.6777,29-3.09
20196.570,44-0.41
20186.3269,29-0.33
20175.4774,64-4.12
20164.7675,56-6.17
20156.5177,88-3.06
201410.6281,222.32
201311.8582,315.05
201212.3584,752.03
201121.4848,781.7
201033.9325,342.13
200929.823,600.74
200841.0223,362.36
200731.8124,191.83
200628.1524,821.88
200522.8320,951.18
200416.8323,960.93

Hess Aktienanalyse

What does Hess do?

The Hess Corporation is an international oil and gas company headquartered in New York City. It was founded in 1919 by Leon Hess and started as a small gas station business in New Jersey. Today, Hess Corp is one of the largest independent oil companies in the United States. Its business model focuses on the exploration, production, and marketing of oil and gas worldwide. The company is divided into two main areas - exploration and production on one hand, and marketing, refineries, and sales on the other. Hess Corp is active in North America, Europe, Africa, and Asia, operating both onshore and offshore oil and gas fields. The products are then sold through trading and marketing partners in various countries. The company's history began in the 1930s when Leon Hess opened his first gas station in Asbury Park, New Jersey. Over the following decades, the company grew rapidly and expanded its business. In the 1960s and 1970s, the firm invested in production fields and refineries to become more independent from other suppliers. In the 1990s, the focus was further shifted to the exploration and production of oil and gas. As an international company, Hess Corp operates in various countries and regions. In North America, the company operates fields in Montana, North Dakota, Texas, and the Gulf of Mexico. In Europe, Hess Corp is active in Denmark and Norway, and in Asia, mainly in Indonesia and Thailand. Additionally, the company operates a refinery in New Jersey and has ownership stakes in various other refineries worldwide. The main products of Hess Corp are oil and gas, which are extracted in different countries and then sold. Another important product is petrochemicals, derived from the processing of oil and used in various industries. Hess Corp is also committed to sustainability and constantly works on improving environmental protection and safety measures. In recent years, the company has invested in renewable energy and energy efficiency and increasingly relies on digitized processes in its operations. In summary, the Hess Corporation is an international oil and gas company and one of the largest independent oil companies in the United States. It operates oil and gas fields in various countries and is active in North America, Europe, Africa, and Asia. In addition to oil and gas, Hess Corp also sells petrochemicals and advocates for sustainability and environmental protection. Hess ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Hess's Market Capitalization

Hess's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Hess's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Hess's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Hess’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Hess Stock

What is the current Hess market capitalization?

The current market capitalization of Hess is 48.06 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Hess.

How has the market capitalization of Hess developed in recent years?

The market capitalization of Hess has increased/decreased by 15.97% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Hess?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Hess?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Hess have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Hess pay?

Over the past 12 months, Hess paid a dividend of 1.75 USD . This corresponds to a dividend yield of about 1.12 %. For the coming 12 months, Hess is expected to pay a dividend of 2.08 USD.

What is the dividend yield of Hess?

The current dividend yield of Hess is 1.12 %.

When does Hess pay dividends?

Hess pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Hess?

Hess paid dividends every year for the past 0 years.

What is the dividend of Hess?

For the upcoming 12 months, dividends amounting to 2.08 USD are expected. This corresponds to a dividend yield of 1.33 %.

In which sector is Hess located?

Hess is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Hess kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hess from 3/28/2024 amounting to 0.438 USD, you needed to have the stock in your portfolio before the ex-date on 3/15/2024.

When did Hess pay the last dividend?

The last dividend was paid out on 3/28/2024.

What was the dividend of Hess in the year 2023?

In the year 2023, Hess distributed 1.5 USD as dividends.

In which currency does Hess pay out the dividend?

The dividends of Hess are distributed in USD.

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Andere Kennzahlen von Hess

Our stock analysis for Hess Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hess Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.