HES Hess Corporation

XNYS 149.50 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

HES $149.50 —
Key stats
$149.50
52-Week Range
$160.40 – $160.40
YTD
-6.80%
IV Rank (30D)
40.79
Straddle Price
$11.65
P/C Vol Ratio
0.95
Market Cap
$46.2B
Open
$160.40
Day Range
$160.40 – $160.40
Prev Close
$160.40
Fair Value
-10.1% vs price

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.00%
Beta vs SPY1.00
Cost of Equity (CAPM)9.50% (VRP-adj)
WACC8.52%
Volatility Risk Premium+14.7pp (IV − HV30), ERP adj +50bps
Effective Tax Rate8.7%
Rev. Growth (YoY, DCF input)+3.0%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.03 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.7B
Return on Equity (TTM)43.1%
Book / Price3.6%
Gross Margin (TTM)100.0%
FCF Margin (TTM)45.1%
Debt / Equity7.85
Quality Score3/6 — normal (10y DCF)
Market-Implied Growth+8.4% (reverse-DCF on current price)
SMA 50$144.23 (Market Anchor value)
SMA 20 / Bollinger Mid$154.62
Bollinger Width / SMA2010.3% (drives anchor stability)
Net Debt$3.5B
Market Cap$12B
Blended Fair Value
$144.23
Deviation
-10.1%
MethodImplied PriceWeightDetail
DCF $104.24 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0%
Peer EV/EBITDA n/a 0%
Peer P/B n/a 0%
Peer P/S n/a 0%
Market Anchor (SMA50) $144.23 100% stability 98% (BB-width)
Options Expected (B-L 30d) n/a 0%
As of 2026-06-01 · updated
About
Industry (SIC)
PETROLEUM REFINING (2911)
Exchange
XNYS
Market Cap
$46.2B
Employees
1,797
List Date
1972-06-01
CIK
0000004447
Headquarters
New York, NY
Homepage
https://www.hess.com

Hess 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 2024, the company reported net proved reserves of 1.44 billion barrels of oil equivalent. Net production averaged 481 thousand barrels of oil equivalent per day in 2024, at a ratio of 79% oil and natural gas liquids and 21% natural gas.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
Insufficient price history — listed 19854 days ago. Seasonality patterns need at least one full year of data.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $154.62
SMA 50: $144.23
SMA 200: $141.95
Current: $160.40
EMA 12: $157.97
EMA 26: $152.95
MACD: 5.0213 | Signal: 0.1021
BULLISH
ADX (14): 38.85
TREND
+DI: 44.01
−DI: 15.69

Momentum Oscillators

RSI (14): 74.18
OVERBOUGHT
Stoch %K: 100.00
Stoch %D: 100.00
Williams %R: 0.00

Volume & Volatility

BB Upper: $166.95
BB Lower: $142.28
NEUTRAL
OBV: 25,871,570
Vol SMA 20: 1,435,418
Vol ROC: -100.00%
ATR: $1.88
True Range: $0.00
HV 20: 32.6%
HV 30: 29.6%
HV 60: 24.4%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2023-08-03T00:00:00 – 2026-03-16T00:00:00
AI Analysis

LLM Stock Analysis Report - HES

Executive Summary

Overall Assessment: BULLISH (confidence level 8/10)

Key Drivers:

  • Strong technical momentum signals from MACD, RSI, and Stochastic indicators
  • Recent news headlines indicating a positive sentiment shift in the energy sector
  • High implied volatility suggesting market participants are pricing in potential price movements

Primary Risks:

  • Overbought conditions in RSI and Stochastic oscillators may lead to short-term correction
  • Volatility premium remains high, increasing risk of sudden price swings

Investment Thesis: HES is a strong buy candidate due to its robust technical momentum and positive news sentiment. However, caution should be exercised due to the overbought conditions and high implied volatility.

Recent News Sentiment Impact: The recent news headlines have contributed positively to HES's price movement, with neutral sentiment prevailing in the last 10 articles. The ExxonMobil acquisition news has likely driven some of this positivity.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Bullish
  • Medium-term (1-3 months): Bullish
  • Long-term (3-12 months): Bullish

Support/Resistance Levels: $154.62 (SMA 20), $144.23 (SMA 50)

Momentum Signals:

  • RSI interpretation: Overbought (74.18 > 70)
  • MACD signal: Bullish
  • Bollinger Bands position: Neutral

Volume Analysis:

  • Volume trends: Increase in volume on the latest price moves suggests institutional interest and market participation.
  • Institutional interest signals: High put-call ratio (0.95) indicates neutral sentiment, while high open interest in options may be a sign of increased market engagement.

News & Sentiment Analysis

Recent Headlines Summary: Neutral news headlines have dominated recent developments, with no significant negative or positive catalysts identified.

Sentiment Assessment: Aggregate news sentiment is NEUTRAL (4/5), indicating that market participants are not strongly bullish or bearish on HES.

Catalyst Identification: No immediate earnings dates or significant regulatory changes are scheduled. However, the ExxonMobil acquisition may continue to drive price movements in the short-term.

Market Narrative: The recent news headlines have contributed positively to HES's price movement, which aligns with its technical momentum signals.

Risk & Volatility Assessment

Beta Interpretation: Beta is not available for comparison due to the lack of relevant data.

Volatility Regime: High implied volatility (52.7%) suggests that market participants are pricing in potential price movements and increases the risk of sudden price swings.

Options Market Signals:

  • IV rank: 29.0% (Medium)
  • Put-call ratio: 0.95 (Neutral sentiment)

Downside Protection: Support levels include $154.62 (SMA 20) and $144.23 (SMA 50), which may serve as downside protection in the event of a price correction.

Market Context & Positioning

Sector Performance: The energy sector is performing positively, which has contributed to HES's price movement.

Institutional Activity: High volume flows on options activity suggest institutional interest and market participation.

Correlation Analysis: Correlation with SPY (S&P 500) is not available due to the lack of relevant data. However, the energy sector is generally positively correlated with the broader market.

Relative Valuation: HES is positioned within a trading range, with its price hovering around the upper band of its Bollinger Bands.

Key Levels & Action Items

Critical Price Levels: $154.62 (SMA 20) and $144.23 (SMA 50)

Breakout/Breakdown Levels: $166.95 (upper Bollinger Band) and $142.28 (lower Bollinger Band)

Time-Sensitive Catalysts: None identified in the short-term, but ongoing news developments may influence price movements.

Risk Management: Consider setting stop-loss levels at or below $154.62 to mitigate potential downside risks. Position sizing should be adjusted according to individual risk tolerance and market conditions.

Generated
Earnings History
17 of 18 under expected move
Avg Expected Move
2.87%
Avg Actual Move
1.32%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-01-27 After-Close 3.91% 0.13% 0.03x Within
2021-04-28 After-Close 2.95% 1.05% 0.36x Within
2021-07-28 After-Close 2.49% 0.22% 0.09x Within
2021-10-27 After-Close 2.46% 1.23% 0.50x Within
2022-01-26 After-Close 4.01% 2.21% 0.55x Within
2022-04-27 After-Close 3.36% 2.34% 0.70x Within
2022-07-27 After-Close 3.98% 2.35% 0.59x Within
2022-10-26 After-Close 2.60% 0.38% 0.15x Within
2023-01-25 After-Close 2.38% 1.62% 0.68x Within
2023-04-26 After-Close 3.55% 1.03% 0.29x Within
2023-07-26 After-Close 2.17% 0.20% 0.09x Within
2023-10-25 After-Close 2.05% 0.79% 0.39x Within
2024-01-31 After-Close 2.65% 0.69% 0.26x Within
2024-04-25 After-Close 1.89% 0.67% 0.35x Within
2024-07-31 After-Close 2.90% 7.95% 2.74x Exceeded
2024-10-30 After-Close 2.40% 0.16% 0.07x Within
2025-01-29 Pre-Market 2.65% 0.08% 0.03x Within
2025-04-30 After-Close 3.20% 0.57% 0.18x Within

Earnings calendar: this week’s reports with expected vs actual moves →

HES Options Activity & IV Rank

HES IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 35.3%
7-DTE IV: 51.7%
Expected Move: $11.65
7-DTE Move: $9.32
Days to Exp: 29 (2025-08-15)

Options Flow

Call Volume: 446
Put Volume: 423
P/C Volume: 0.948
NEUTRAL
Call OI: 9,213
Put OI: 6,791
P/C OI: 0.737
Total OI: 16,004

ATM Options Pricing

ATM Call: $5.30
ATM Put: $6.35
Call %: 3.5%
Put %: 4.2%

Chain Summary

Chain Volume: 8,125
Chain OI: 120,692
Last Updated: 7/17/2025
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 67th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
67%
vs own history
GEX tilt
-0.09
OI-weighted, today
Vanna tilt
+0.74
δ-sensitivity to IV
Charm tilt
-0.53
δ-decay vs time
Vanna tilt +0.74: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.53: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 56 ATM contracts, 59k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
+18.1 pts EXTREME
as of Jul 17 · ATM 45.8% / Wing 63.9%
30 DTE / 10d —
+32.3 pts EXTREME
as of Jul 17 · ATM 34.6% / Wing 66.9%

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)57.7MediumJul 17
IV Rank (30 DTE)40.8MediumJul 17
Straddle Price (30 DTE)$11.65Jul 17
Beta Analysis
Insufficient price history — listed 19854 days ago. Beta and correlation vs SPY require ~1 year of daily returns to be statistically meaningful.

HES Institutional Ownership (13F)

Latest filings — 2026-06-30
Diluted shares outstanding: 77,075,000 (as of 2024-09-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

3 filers13 shares$1.75K value0.00% of float
# Filer Shares Value % of Total % of Float Period
1 RAFFA WEALTH MANAGEMENT, LLC 12 $1.60K 91.46% 0.00% 2024-12-31
2 HUNTINGTON NATIONAL BANK Custodian 1 $149 8.54% 0.00% 2026-06-30
3 SHELL ASSET MANAGEMENT CO 0 $0 0.00% 0.00% 2025-09-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

HES Insider Trading (Form 4)

Latest: 2025-07-18
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2025-07-18 William G. Schrader Director Disp (D) −33,974 — EDGAR
2025-07-18 Terrence J. Checki Director Disp (D) −32,734 — EDGAR
2025-07-18 Marc S Lipschultz Director Disp (D) −22,120 — EDGAR
2025-07-18 Lisa Glatch Director Disp (D) −5,081 — EDGAR
2025-07-18 Leonard S Coleman Jr Director Disp (D) −20,124 — EDGAR
2025-07-18 Kevin Omar Meyers Director Disp (D) −38,597 — EDGAR
2025-07-18 Edith E Holiday Director Disp (D) −65,067 — EDGAR
2025-07-18 James H. Quigley Director Disp (D) −21,409 — EDGAR
2025-07-18 Karyn F. Ovelmen Director Disp (D) −9,025 — EDGAR
2025-07-18 Richard D. Lynch Senior Vice President Disp (D) −60,843 — EDGAR
2025-07-18 David McManus Director Disp (D) −41,466 — EDGAR
2025-07-18 Timothy B. Goodell EVP, Gen Counsel & Secretary Disp (D) −190,092 — EDGAR
2025-07-18 Barbara J Lowery-Yilmaz Senior Vice President Disp (D) −158,905 — EDGAR
2025-07-18 John P Rielly EVP and CFO Disp (D) −370,696 — EDGAR
2025-07-18 Gregory P. Hill COO and President, E&P Disp (D) −142,594 — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

HES Proposed Insider Sales (Form 144)

Latest: 2025-06-06
Last 30d: 0 filings  ·  Last 90d: 0 filings

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2025-06-06 JBH Investment Trust See Remarks 250,000 $33.26M 2025-06-06 J. P. Morgan Securities LLC — EDGAR
2025-06-05 JBH Investment Trust See Remarks 225,000 $30.03M 2025-06-05 J. P. Morgan Securities LLC — EDGAR
2025-03-28 JBH Investment Trust See Remarks 175,000 $27.84M 2025-03-28 J. P. Morgan Securities LLC — EDGAR
2025-03-27 JBH Investment Trust See Remarks 175,000 $28.09M 2025-03-27 J. P. Morgan Securities LLC — EDGAR
2025-03-20 Hill Gregory P Officer 57,858 $9.05M 2025-03-20 National Financial Services LLC — EDGAR
2024-11-22 NWH02 Holdings LLC (1) 92,894 $13.75M 2024-11-22 J. P. Morgan Securities LLC — EDGAR
2024-11-21 NWH02 Holdings LLC (1) 125,000 $18.43M 2024-11-21 J. P. Morgan Securities LLC — EDGAR
2024-11-20 NWH02 Holdings LLC (1) 125,000 $18.15M 2024-11-20 J. P. Morgan Securities LLC — EDGAR
2024-11-07 Hess John B. Officer, Director 90,476 $12.90M 2024-11-07 National Financial Services LLC — EDGAR
2024-11-07 Schoonman Geurt G. Officer 6,000 $855.4K 2024-11-07 National Financial Services LLC — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
19 ETFs hold HES
19 shown · $104.10M total exposure
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VCIT Vanguard Intermediate-Term Corporate Bond ETF Vanguard 0.06% $41.6M — 2026-08-31
2 BND Vanguard Total Bond Market Vanguard 0.01% $21.3M — 2026-08-31
3 BSCR Invesco BulletShares 2027 Corporate Bond ETF Invesco 0.23% $10.4M — 2026-10-08
4 VCLT Vanguard Long-Term Corporate Bond ETF Vanguard 0.09% $8.7M — 2026-08-31
5 BIV Vanguard Intermediate-Term Bond ETF Vanguard 0.01% $5.2M — 2026-08-31
6 VCSH Vanguard Short-Term Corporate Bond ETF Vanguard 0.01% $4.8M — 2026-08-31
7 BSV Vanguard Short-Term Bond ETF Vanguard 0.00% $3.0M — 2026-08-31
8 BSCV Invesco BulletShares 2031 Corporate Bond ETF Invesco 0.16% $2.9M — 2026-10-08
9 BLV Vanguard Long-Term Bond ETF Vanguard 0.03% $2.7M — 2026-08-31
10 BSCX Invesco BulletShares 2033 Corporate Bond ETF Invesco 0.20% $2.1M — 2026-10-08
11 VTC Vanguard Total Corporate Bond ETF Vanguard 0.03% $455,665 — 2026-06-30
12 VCRB Vanguard Core Bond ETF Vanguard 0.00% $321,120 — 2026-08-31
13 IIGD Invesco Investment Grade Defensive ETF Invesco 0.66% $172,203 — 2026-10-08
14 VBCA Vanguard Target Maturity 2027 Corporate Bond ETF Vanguard 0.18% $72,038 — 2026-06-30
15 VPLS Vanguard Core Plus Bond ETF Vanguard 0.00% $70,755 — 2026-08-31
16 VBCE Vanguard Target Maturity 2031 Corporate Bond ETF Vanguard 0.16% $61,226 — 2026-06-30
17 BNDW Vanguard Total World Bond ETF Vanguard 0.00% $51,125 — 2026-06-30
18 BNDP Vanguard Core-Plus Bond Index ETF Vanguard 0.03% $44,200 — 2026-06-30
19 VBCG Vanguard Target Maturity 2033 Corporate Bond ETF Vanguard 0.16% $16,869 — 2026-06-30
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
68.26
TTM Diluted EPS
$2.35
TTM Revenue
$1.45B
TTM Net Income
$190.20M
TTM Op. Cash Flow
$929.40M
Quarterly figures (1 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q3 '242024-09-30$377.60M$58.60M$0.63$224.90M
Q3 2024 • period ending 2024-09-30 • filed 2025-11-06
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
68.26
P/B
27.98
P/S
8.51
EV/EBITDA
15.28
EV/Sales
10.89
ROE
43.1%
ROA
4.6%
Div Yield
—
FCF Yield
7.52%
Debt/Equity
7.85
Current Ratio
—
Market Cap
$12.36B
as of 2026-03-16
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
7.05M
SI % of Float
2.28%
Days to Cover
2.78
Short Vol Ratio
32.1%
Free Float
—
Float %
—
Short interest 2025-07-15 • Short volume 2025-07-17