Shares of Hess Corporation (NYSE:HES) traded today at $105.38, eclipsing its 12-month high. Approximately 557,000 shares have changed hands today, as compared to an average 30-day volume of 3.2 million shares.
In the past 12 months, Hess Corporation share prices are bracketed by a low of $61.93 and a high of $105.38 and are now at $104.64, 69% above that low price.
Hess Corporation defies analysts with a current price ($104.64) 3.0% above its average consensus price target of $101.54.
Hess Corporation is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2021, the company reported net proved reserves as 26% of crude oil reserves and 36% of natural gas. Net worldwide sales volume averaged 326,000 barrels of oil equivalent per day in 2021.
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