Hess Corporation’s filing revealed that its COO and President, E&P Hill Gregory P. unloaded Company’s shares for reported $9.06 million on Mar 20 ’25. In the deal valued at $156.66 per share,57,858 shares were sold. As a result of this transaction, Hill Gregory P. now holds 142,594 shares worth roughly $22.44 million.
Then, Hill Gregory P bought 57,858 shares, generating $9,047,834 in total proceeds.
Before that, HESS JOHN B sold 125,000 shares. Hess Corporation shares valued at $18,539,188 were divested by the Chief Executive Officer at a price of $148.31 per share. As a result of the transaction, HESS JOHN B now holds 92,894 shares, worth roughly $14.62 million.
Wells Fargo upgraded its Hess Corporation [HES] rating to an Overweight from a an Equal weight in a research note published on December 09, 2024; the price target was increased to $193 from $151. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in late September from “a Peer perform” to “an Outperform”. Argus revised its rating on November 07, 2023. It rated HES as “a Buy” which previously was an “a Hold”.
Price Performance Review of HES
On Monday, Hess Corporation [NYSE:HES] saw its stock jump 0.49% to $157.35. Over the last five days, the stock has gained 4.59%. Hess Corporation shares have risen nearly 18.30% since the year began. Nevertheless, the stocks have risen 5.37% over the past one year. While a 52-week high of $163.98 was reached on 03/24/25, a 52-week low of $123.79 was recorded on 01/02/25. SMA at 50 days reached $146.79, while 200 days put it at $141.80.
Levels Of Support And Resistance For HES Stock
The 24-hour chart illustrates a support level at 156.37, which if violated will result in even more drops to 155.40. On the upside, there is a resistance level at 158.43. A further resistance level may holdings at 159.51. The Relative Strength Index (RSI) on the 14-day chart is 67.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.67, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.88%. Stochastics %K at 95.28% indicates the stock is a selling.
How much short interest is there in Hess Corporation?
A steep rise in short interest was recorded in Hess Corporation stocks on 2025-02-28, growing by 0.1 million shares to a total of 6.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 6.49 million shares. There was a rise of 1.54%, which implies that there is a positive sentiment for the stock.
