Shares of Hess Corporation (NYSE:HES) traded at a new 52-week high today of $99.93. This new high was reached on below average trading volume as 863,000 shares traded hands, while the average 30-day volume is approximately 3.3 million shares.
Hess Corporation (NYSE:HES) is currently priced 2.3% above its average consensus analyst price target of $97.56.
Hess Corporation share prices have moved between a 52-week high of $99.93 and a 52-week low of $61.93 and are now trading 61% above that low price at $99.89 per share.
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 2021, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 315 thousand barrels of oil equivalent per day in 2021, at a ratio of 69% oil and natural gas liquids and 31% natural gas.
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