Hydraulic Elements and Systems AD (HES)

Jul 18, 2025 - HES was delisted (reason: acquired by CVX)
159.92
+10.95 (7.35%)
Inactive · Last trade price on Jul 18, 2025
6.24%
Market Cap 54.47M
Revenue (ttm) 45.48M
Net Income (ttm) 2.52M
Shares Out 18.19M
EPS (ttm) 0.14
PE Ratio 21.74
Forward PE n/a
Dividend $0.13 (4.20%)
Ex-Dividend Date Jun 11, 2025
Volume n/a
Open n/a
Previous Close 148.97
Day's Range n/a
52-Week Range 123.79 - 161.91
Beta -0.16
Analysts Buy
Price Target 160.67 (+0.47%)
Earnings Date Oct 23, 2025

About HES

Hydraulic Elements and Systems AD designs, manufactures, and sells hydraulic cylinders in Europe, North America, and Asia. The company offers plunger, piston, telescopic, and rack cylinders. It also provides axial piston machines, such as axial piston motors and pumps. Its products are used to produce high-power machines and installations. The company was founded in 1968 and is headquartered in Yambol, Bulgaria. Hydraulic Elements and Systems AD is a subsidiary of Stara Planina Hold AD. [Read more]

Sector Energy
Founded 1968
Employees 497
Stock Exchange NYSE
Ticker Symbol HES
Full Company Profile

Financial Performance

In 2024, Hess Corporation's revenue was 74.05 million, a decrease of -13.81% compared to the previous year's 85.91 million. Earnings were 4.03 million, a decrease of -2.52%.

Financial numbers in BGN Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for HES stock is "Buy." The 12-month stock price target is $160.67, which is an increase of 0.47% from the latest price.

Price Target
$160.67
(0.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chevron expects up to $400 million loss in Q3 due to Hess acquisition

Chevron said on Thursday it was expecting a loss of $200 million to $400 million in the third quarter due to Hess-related impacts.

Other symbols: CVX
3 days ago - Reuters

Boundless Learning Partners with HESS Consortium to Offer Enhanced Education Solutions to 450 Member Institutions

ORLANDO, Fla.--(BUSINESS WIRE)--Boundless Learning, a leading education solutions provider, announces a strategic partnership with the Higher Education Systems & Services Consortium.

4 days ago - Business Wire

Chevron: Why The Hess Deal And Dividend Growth Keep Me Bullish

Chevron Corporation remains attractive, supported by the recent Hess acquisition and access to Guyana's low-cost oil assets. Q2 2025 earnings declined 41% due to lower oil prices and volumes, but cost...

Other symbols: CVX
5 days ago - Seeking Alpha

Chevron: The Hess Payoff Begins, Reinforcing The Long-Term Case

Chevron's acquisition of Hess strengthens its long-term investment case, adding significant cash flow and growth opportunities, especially from Guyana and the Permian Basin. The all-stock Hess deal, w...

Other symbols: CVX
7 weeks ago - Seeking Alpha

Chevron profit hit by low crude oil prices and loss from Hess acquisition.

CNBC's Becky Quick reports on the company's quarterly earnings results.

Other symbols: BNOCVXDBOGUSHIEOOIHPXJ
2 months ago - CNBC Television

Chevron profit hit by low crude oil prices and loss from Hess acquisition

Chevron second-quarter earnings took a substantial hit due to low oil prices and a loss on its acquisition of Hess Corporation. The oil major's net income declined 43% to $2.49 billion, or $1.45 per s...

Other symbols: BNOCVXDBOGUSHIEOOIHPXJ
2 months ago - CNBC

Chevron tells Hess staff to focus on safety as they await job updates

Chevron leaders told Hess employees to stay focused on safe operations and that they will hear next week if they will continue to have jobs following the oil producer's acquisition, according to two H...

Other symbols: CVX
2 months ago - Reuters

Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals

Chevron cut 575 positions in the Houston area after it completed its $55 billion merger with Hess, a Texas Workforce Commission filing revealed on Wednesday.

Other symbols: CVX
2 months ago - Reuters

US oil producer Continental Resources drops fraud lawsuit against rival Hess

U.S. shale producer Continental Resources has dropped a lawsuit it filed against rival Hess Corp in May, which alleged it was defrauded out of up to $69 million through a series of deals the well oper...

2 months ago - Reuters

Hess and a U.K. nuclear plant show what $50 billion gets in the energy market

For nearly the same price, nuclear will generate far more power — and a lot more headaches.

2 months ago - Market Watch

Chevron Plus Hess Is A Good Investment

Chevron's acquisition of Hess secures a 30% stake in Guyana's Stabroek Block, unlocking significant low-cost, high-growth oil production potential. Hess adds robust Bakken shale assets and immediate p...

Other symbols: CVX
2 months ago - Seeking Alpha

Chevron's Victory in the Oil-Patch Brawl Was a Much-Needed Win

The acquisition of Hess—and its stake in a generational oil find—helps clear up lingering doubts about Chevron's growth prospects.

Other symbols: CVX
2 months ago - WSJ

Block Set to Join S&P 500

NEW YORK , July 18, 2025 /PRNewswire/ -- Block Inc. (NYSE: XYZ) will replace Hess Corp. (NYSE: HES) in the S&P 500 effective prior to the opening of trading on Wednesday, July 23. S&P 500 and S&P 100 ...

Other symbols: XYZ
2 months ago - PRNewsWire

Chevron CEO Mike Wirth: Hess acquisition is good for the industry

Chevron CEO Mike Wirth on Friday said the company's acquisition of Hess, which it completed this week after winning a legal dispute with Exxon Mobil, is good for the oil and gas sector and creates the...

Other symbols: CVX
2 months ago - CNBC Television

Chevron closes $55bn Hess takeover after winning Exxon legal battle

The blockbuster acquisition is one of the largest energy deals in the past decade

Other symbols: CVX
2 months ago - The Guardian

Fed governor Waller pushes for rate cut, Chevron completes Hess acquisition

Here is what you may have missed on Morning Brief on Friday, July 18. Federal Reserve governor Christopher Waller says he would like to see the central bank cut rates at its July meeting, putting him ...

Other symbols: CVX
2 months ago - Yahoo Finance

Paul Sankey gives his read on Chevron's acquisition of Hess

Paul Sankey, Sankey Research lead analyst, joins 'Money Movers' to discuss Chevron closing on the Hess acquisition and what it means for the company and on the oil sector.

Other symbols: CVX
2 months ago - CNBC Television

Chevron prevails over Exxon in Hess megamerger, and it matters for Chevron's stock.

The conclusion of the saga removes a stock overhang for Chevron and paves the way for the $53 billion deal to close immediately, which the oil giant said it could happen within a couple of days.

Other symbols: CVX
2 months ago - Market Watch

Chevron Closes Hess Deal After Winning Exxon Fight

Chevron closed its $53 billion deal to buy Hess more than 20 months after the takeover was announced, after winning its arbitration battle with Exxon Mobil. Chevron CEO Mike Wirth discusses the deal a...

Other symbols: CVX
2 months ago - Bloomberg Markets and Finance

Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling

In a pivotal moment for the energy sector, Chevron Corporation‘s CVX has won a dispute with Exxon Mobil Corporation XOM over Hess Corp's HESS offshore oil assets in Guyana.

Other symbols: XOMCVX
2 months ago - Benzinga

Chevron CEO on Hess acquisition: We're very pleased the transaction has now closed

Chevron CEO Mike Wirth joins CNBC's 'Squawk on the Street' to discuss the company's completed acquisition of Hess after defeating Exxon in dispute over Guyana oil assets, whether the deal changes the ...

Other symbols: CVX
2 months ago - CNBC Television

VIEW Analysts on Chevron winning arbitration over Exxon in Hess deal

Chevron will proceed with its $53 billion acquisition of Hess after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades off ...

Other symbols: CVXXOM
2 months ago - Reuters

Chevron Completes Acquisition of Hess Corporation

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that it has completed its acquisition of Hess Corporation (NYSE: HES) following the satisfaction of all necessary closing cond...

Other symbols: CVX
2 months ago - Business Wire

Chevron Prevails Over Exxon. It Can Buy Hess, Guyana Assets: Report.

It's a big win for Chevron. Buying Hess without the Guyana project would have wiped out the biggest upside from the deal.

Other symbols: CVXXOM
2 months ago - Barrons

Chevron defeats Exxon in dispute over Guyana oil assets, clearing path for Hess acquisition

Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation's offshore oil assets in the South American nation of Guyana.

Other symbols: BNOCVXDBOGUSHIEOOIHPXJ
2 months ago - CNBC