Stock Analysis on Net

Hess Corp. (NYSE:HES)

$22.49

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Price to Sales (P/S)
since 2005

Microsoft Excel

Calculation

Hess Corp., P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Hess Corp. Annual Report.


The share price demonstrates significant volatility over the analyzed period, beginning at $45.48 and experiencing notable peaks and troughs. It reached a high of $95.49 by early 2008 before declining sharply in 2009. After fluctuating for several years, it attained its highest value of $138.95 by early 2023. This pattern suggests sensitivity to market conditions and possibly underlying business performance fluctuations.

Sales per share depict a downward trend over the course of the data timeline. Starting relatively robust at $81.47, sales per share rose to a peak of $126.22 in early 2009 but then sharply declined. From 2010 onward, the sales per share mostly trended downward, reaching a low point of $15.04 around early 2017 before recovering somewhat to $36.98 by early 2023. This indicates a substantial contraction in sales volume or revenue generation per share during much of the observed period, with signs of gradual recovery in the last years.

The price-to-sales (P/S) ratio reveals considerable growth over the years. Initially under 1.0, it increased progressively to a peak around 4.31 in early 2021 before slightly declining again. This rising P/S ratio, especially concurrent with decreasing sales per share and increasing share prices, suggests that the stock price has been appreciating at a faster pace than revenue per share, potentially indicating heightened market expectations or valuation adjustments unrelated to sales growth.

Share Price Trends
Early fluctuations with significant peaks around 2008 and latest record highs in 2022-2023.
Sales Per Share Trends
Strong initial levels followed by a steady decline through mid-period and partial recovery towards the end.
Price-to-Sales Ratio
Consistent increase over time, reflecting growing valuation multiples compared to sales per share.

Overall, the data depict a scenario where the company's market valuation has been elevating despite declining underlying sales performance for much of the measured intervals. This may imply market optimism, strategic shifts, or other factors influencing investor sentiment beyond pure sales metrics.


Comparison to Competitors

Hess Corp., P/S, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Oil, Gas & Consumable Fuels)


Comparison to Industry (Energy)