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Hess (HES) 3-Year FCF Growth Rate : 42.50% (As of Mar. 2024)


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What is Hess 3-Year FCF Growth Rate?

Hess's Free Cash Flow per Share for the three months ended in Mar. 2024 was $-0.23.

During the past 12 months, Hess's average Free Cash Flow per Share Growth Rate was -113.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 42.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Hess was 60.00% per year. The lowest was -136.30% per year. And the median was 4.55% per year.


Competitive Comparison of Hess's 3-Year FCF Growth Rate

For the Oil & Gas E&P subindustry, Hess's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hess's 3-Year FCF Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hess's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Hess's 3-Year FCF Growth Rate falls into.



Hess 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Hess  (NYSE:HES) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Hess 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Hess's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Hess (HES) Business Description

Industry
Traded in Other Exchanges
Address
1185 Avenue of the Americas, New York, NY, USA, 10036
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 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 344 thousand barrels of oil equivalent per day in 2022, at a ratio of 72% oil and natural gas liquids and 28% natural gas.
Executives
Barbara J Lowery-yilmaz officer: Senior Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Andrew P Slentz officer: Senior Vice President 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Gregory P. Hill officer: Executive Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John P Rielly officer: Senior Vice President 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Richard D. Lynch officer: Senior Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Timothy B. Goodell director, officer: Executive Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Geurt G Schoonman officer: Senior Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John B Hess director, 10 percent owner, officer: Chairman of the Board and CEO C/O HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Lisa Glatch director EVOQUA WATER TECHNOLOGIES CORP., 210 SIXTH AVENUE, PITTSBURGH PA 15222
Raymond J Mcguire director 5 GIRALDA FARMS, MADISON NJ 07940
Marc S Lipschultz director C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 37TH FLOOR, NEW YORK NY 10022
Karyn F. Ovelmen director STATIONSPLEIN 45, ROTTERDAM P7 3013AK
Michael R Turner officer: Senior Vice President HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Terrence J. Checki director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Edith E Holiday director FRANKLIN RESOURCES INC, 901 MARINERS ISLAND BLVD 6TH FL, SAN MATEO CA 94404

Hess (HES) Headlines

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