Hess Corporation: 52-Week High Recently Eclipsed (HES)
(MENAFN- Investor Brand Network)
Shares of Hess Corporation (NYSE:HES) traded today at $96.76, eclipsing its 52-week high. So far today approximately 1.1 million shares have been exchanged, as compared to an average 30-day volume of 2.8 million shares.
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.
Hess Corporation (NYSE:HES) defies analysts with a current price ($94.69) 1.7% above its average consensus price target of $93.06.
In the past 52 weeks, Hess Corporation share prices are bracketed by a low of $54.56 and a high of $96.76 and is now at $94.69, 74% above that low price.
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