Hess Corp. (HES) Stock: What Does the Chart Say Friday?

Hess Corp. (HES) stock has risen 2.79% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Hess Corp. has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on HES!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With HES Stock Today?

Hess Corp. (HES) stock is trading at $145.41 as of 1:00 PM on Friday, Nov 24, an increase of $1.01, or 0.7% from the previous closing price of $144.40. The stock has traded between $144.28 and $146.24 so far today. Volume today is low. So far 693,941 shares have traded compared to average volume of 4,215,615 shares. To see InvestorsObserver's Sentiment Score for Hess Corp. click here.

More About Hess Corp.

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. Click Here to get the full Stock Report for Hess Corp. stock.