| Hess Corp (HES): What's in Store this Earnings Season? - Analyst Blog | |
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Earnings Whispers Our proven model does not conclusively show that Hess is likely to beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank of #1, 2 or 3 for this to happen. That is not the case here, as you will see below. Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is -1.43%. This is because the Most Accurate estimate stands at a loss of 71 cents, whereas the Zacks Consensus Estimate is pegged at a loss of 70 cents. This implies a likely negative earnings surprise for this company. Zacks Rank: Hess’ Zacks Rank #3 (Hold) increases the predictive power of ESP. However, we need to have a positive ESP to be confident of an earnings surprise. We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks That Warrant a Look Here are some companies in the energy sector with the right combination of elements to post an earnings beat this quarter: Linn Energy, LLC LINE has Earnings ESP of +133.33% and a Zacks Rank #1. The company is likely to release earnings on Jul 30. Calumet Specialty Products Partners LP CLMT has Earnings ESP of +15.79% and a Zacks Rank #2. The company is likely to release earnings on Aug 5. EV Energy Partners LP EVEP has Earnings ESP of +4.17% and a Zacks Rank #2. The company is likely to release earnings on Aug 10. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HESS CORP (HES): Free Stock Analysis Report EV ENERGY PTNR (EVEP): Free Stock Analysis Report LINN ENERGY LLC (LINE): Free Stock Analysis Report CALUMET SPECLTY (CLMT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Hess Corporation
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CODE : HES |
ISIN : US42809H1077 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Hess Corp. est une société d’exploration minière et de pétrole basée aux Etats-Unis D'Amerique. Hess Corp. est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 50,1 milliards US$ (46,8 milliards €). La valeur de son action a atteint son plus bas niveau récent le 17 novembre 1989 à 10,06 US$, et son plus haut niveau récent le 24 avril 2024 à 159,13 US$. Hess Corp. possède 315 053 615 actions en circulation. |