Hess Corporation stock (US42809H1077): GuruFocus flags 2.4% undervaluation

Hess Corporation (HES) trades at $148.97, 2.4% below GuruFocus GF Value of $152.70 as of May 11, 2026. GF Score of 74 signals strong peer performance amid oil sector dynamics.

Hess Corporation stock is drawing attention after GuruFocus highlighted its valuation metrics on May 11, 2026. The platform reports a GF Value™ of $152.70 against a current price of $148.97, suggesting a 2.4% undervaluation. This comes alongside a GF Score™ of 74 out of 100, indicating solid performance relative to industry peers, according to GuruFocus as of 05/11/2026. The company reported net proved reserves of 1.44 billion barrels of oil equivalent at the end of 2024, with average net production of 481 thousand barrels per day.

As of: 11.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Hess Corporation
• Sector/industry: Oil & Gas Exploration & Production
• Headquarters/country: United States
• Core markets: United States, Guyana, Bakken
• Key revenue drivers: Oil and gas production, offshore developments
• Home exchange/listing venue: New York Stock Exchange (HES)
• Trading currency: USD

Hess Corporation: core business model

Hess Corporation focuses on the exploration and production of oil and natural gas. The company operates primarily in high-potential basins including the Bakken shale in North Dakota and offshore Guyana. Its strategy emphasizes large-scale developments with significant reserve growth potential. Hess holds net proved reserves of 1.44 billion barrels of oil equivalent as of year-end 2024, per company disclosures cited in recent analyses.

Key assets include the Stampede field in the Gulf of Mexico and the Liza/ Payara projects in Guyana, which have driven production growth. Average net production reached 481 thousand barrels of oil equivalent per day in 2024, reflecting operational efficiency amid volatile energy markets. This positions Hess as a relevant player for US investors tracking energy sector exposure.

Main revenue and product drivers for Hess Corporation

Revenue stems predominantly from crude oil and natural gas liquids sales, with Guyana emerging as a top growth driver. The Payara development, sanctioned in 2019, began production in 2024 and supports Hess's long-term output targets. US-focused Bakken operations contribute steady cash flows, bolstered by infrastructure investments.

In 2024, production mix favored liquids at around 70%, enhancing margins in high-price environments. The stock traded at $148.97 on May 11, 2026, on the NYSE, according to GuruFocus as of 05/11/2026. These drivers underscore Hess's reliance on global oil demand, particularly relevant to US portfolios amid domestic energy independence trends.

Industry trends and competitive position

The oil exploration sector faces fluctuating commodity prices and energy transition pressures, yet majors like Hess benefit from low-cost inventory. Guyana's Stabroek block, shared with ExxonMobil and CNOOC, holds over 11 billion barrels equivalent discovered, positioning Hess advantageously. US shale resilience provides diversification against offshore risks.

Hess's GF Score of 74 reflects strengths in profitability and growth relative to peers, per GuruFocus metrics published May 11, 2026. Competitive edges include technical expertise in deepwater drilling, vital for US investors eyeing international energy plays with domestic ties.

Why Hess Corporation matters for US investors

Hess Corporation offers US investors exposure to high-growth offshore oil via its NYSE listing (HES) and substantial US shale assets. The Bakken position ties performance to North American demand, while Guyana upside diversifies geopolitical risk. Reserves and production metrics signal long-term value in energy portfolios.

With a market cap reflecting undervaluation signals, Hess aligns with strategies balancing yield and growth in volatile oil markets. Its role in US energy security through domestic production enhances relevance.

Conclusion

Hess Corporation maintains robust reserves and production amid energy market shifts, with recent GuruFocus data pointing to modest undervaluation at $148.97 versus $152.70 GF Value. The GF Score of 74 highlights peer-competitive strengths, while core assets in Guyana and Bakken support growth prospects. Investors monitor oil prices and project timelines for ongoing developments.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.