Shares of Hess Corporation (NYSE:HES) traded today at $109.88, eclipsing its 52-week high. Approximately 316,000 shares have changed hands today, as compared to an average 30-day volume of 3.2 million shares.
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.
Hess Corporation (NYSE:HES) is currently priced 0.7% above its average consensus analyst price target of $107.70.
In the past 52 weeks, shares of Hess Corporation have traded between a low of $61.93 and a high of $109.88 and is now at $108.44, which is 75% above that low price.
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