Hess Corporation's most recent trend suggests a bearish bias. One trading opportunity on Hess Corporation is a Bear Call Spread using a strike $91.00 short call and a strike $96.00 long call offers a potential 47.06% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $91.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock rose above the $96.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Hess Corporation is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Hess Corporation is bullish.
The RSI indicator is at 58.58 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Hess Corporation
Hess (HES) Q4 Earnings Beat Estimates on Surging Oil Prices
Thu, 27 Jan 2022 16:33:04 +0000
Higher commodity price realizations and increased contributions from the midstream segment aid Hess' (HES) Q4 earnings.
Kercheville Advisors, LLC Buys The Carlyle Group Inc, Hess Midstream LP, Consumer Staples …
Wed, 26 Jan 2022 22:38:21 +0000
Investment company Kercheville Advisors, LLC (Current Portfolio) buys The Carlyle Group Inc, Hess Midstream LP, Consumer Staples Select Sector SPDR, AbbVie Inc, Hess Corp, sells DraftKings Inc, AT&T Inc, Generac Holdings Inc, Verizon Communications Inc, FAST Acquisition Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Kercheville Advisors, LLC.
Guyana’s Oil Production To Increase Three-Fold Next Month
Wed, 26 Jan 2022 15:00:00 +0000
Exxon plans to begin oil production from a second platform offshore Guyana next month, which would increase the country's oil production threefold
Hess (HES) Q4 Earnings and Revenues Surpass Estimates
Wed, 26 Jan 2022 13:45:01 +0000
Hess (HES) delivered earnings and revenue surprises of 11.84% and 9.98%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Hess profit sails past estimates on surging oil prices
Wed, 26 Jan 2022 12:36:01 +0000
Oil and gas producers globally are set to post higher revenues and profits for the last quarter, thanks to a more than 50% jump in oil prices in 2021. The average selling price for Hess' crude rose 56.8% to $71.04 per barrel, including hedging, while gas prices jumped 42.4% to $4.77 per thousand cubic feet (mcf).
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