Hess traded at $148.97 this Thursday July 17th, increasing $1.42 or 0.96 percent since the previous trading session. Looking back, over the last four weeks, Hess gained 3.70 percent. Over the last 12 months, its price fell by 4.32 percent. Looking ahead, we forecast Hess to be priced at 144.40 by the end of this quarter and at 131.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hess Corporation is an exploration and production company. The Company is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids (NGL) and natural gas with production operations located in the United States (U.S.), Guyana, the Malaysia/Thailand Joint Development Area (JDA) and Malaysia. The Company's segments include Exploration and Production, and Midstream. Its Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, NGLs and natural gas. The Midstream segment provides fee-based services, including crude oil and natural gas gathering, processing of natural gas and the fractionation of NGLs, transportation of crude oil by rail car, terminaling and loading crude oil and NGLs.