Hess Corporation Stock Rises Despite 338th Ranking in Trading Volume

On April 1, 2025, Hess Corporation (HES) saw a trading volume of $251 million, a 30.89% decrease from the previous day, ranking 338th in the day's stock market activity. Hess's stock price rose by 0.98%, marking two consecutive days of gains and a total increase of 1.79% over the past two days.

Hess Corporation recently reported better-than-expected earnings and revenue for the fourth quarter, surpassing estimates by 16.56% and 6.38% respectively. This positive financial performance has likely contributed to the recent upward trend in the company's stock price.

DnB Asset Management AS increased its stake in Hess Corporation by 5.5% during the fourth quarter, indicating a bullish outlook on the company's future prospects. This institutional investment could further support the stock's upward momentum.

Hess Corporation is scheduled to report its next earnings on April 24, 2025. Investors will be closely watching these results to gauge the company's ongoing performance and potential for future growth.