Hess Corporation Already 4% Down, Almost Five Hours Before The NYSE Open

(VIANEWS) – The NYSE opens in less than five hours and Hess Corporation‘s pre-market value is already 4.25% down.

Hess Corporation’s last close was $131.70, 17.95% below its 52-week high of $160.52.

The last session, NYSE ended with Hess Corporation (HES) falling 1.47% to $131.70. NYSE fell 0.46% to $15,275.21, following the last session’s downward trend on what was a somewhat negative trend exchanging session.

About Hess Corporation

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Hess Corporation has a trailing twelve months EPS of $6.79.

PE Ratio

Hess Corporation has a trailing twelve months price to earnings ratio of 19.4. Meaning, the purchaser of the share is investing $19.4 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 30.06%.

More news about Hess Corporation (HES).

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