Shares of Hess Corporation (HES) Rise to a New 52-Week High

March 23, 2022 10:06:21

Shares of Hess Corporation (NYSE:HES) traded today at $105.38, eclipsing its 52-week 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 52 weeks, Hess Corporation share prices are bracketed by a low of $61.93 and a high of $105.38 and is now at $104.64, 69% above that low price.

Hess Corporation (NYSE:HES) defies analysts with a current price ($104.64) 3.0% above its average consensus price target of $101.54.

Hess Corp 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 thousand barrels of oil equivalent per day in 2021.

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