Stock Insights on Hess Corp. (NYSE:HES)

[Business Wire] Hess Corporation (NYSE:HES) announced that it will hold a conference call on Wednesday, October 29, 2014, at 10 a.m. Eastern Daylight Time to discuss its third quarter 2014 earnings release.To phone into the conference call, parties in the United States should dial 1-866-318-8618 and enter the pass code 29524195 after 9:45 a.m. Outside the United States, parties should dial 1-617-399-5137 and enter the pass code 29524195. This conference call will also be accessible by webcast (audio only). Stock PerformanceStock PerformanceTaking a look at the company’s recent performance, Hess Corp reported Second quarter earnings for fiscal 2014 on July 30^th. The company reported actual earnings per share of $1.38 against the consensus Street estimate of $1.18. This represents year over year growth of -9.42%. Hess Corp Sachs posted revenue of $3.60 billion against estimates of $2.63 billion.Hess Corp is currently valued at $25.45 billion and closed the last trading session at $82.19. The stock has a 50-day moving average of $97.68 and a 200-day moving average of $93.85.

Is this a Buying Opportunity?There are currently fifteen analysts that we track that cover the stock. Of those fifteen, six have a Buy rating and nine have a hold rating. On a consensus basis this yields a score of 2.40 and a Hold. The combined price objective of these covering analysts is $103.14, which represents a 14.76% upside difference to the last closing price.The most recent analyst activity consisted of Bank of America reiterating rating their buy stance on the company. Bank of America has boosted price target from $130.00 to $ 135.00 which represents an upside of 48.80% from the last closing price. On the date of the report, the stock closed at $96.29.Another research firm weighing in recently was Zacks who also reiterated rating on the stock. On September 11^th Zacks upgraded their price target on the stock at $104.00, or a 14.63% upside to the current price. On the day of the report, HES shares closed at $98.84Company ProfileHess Corporation (NYSE:HES), an exploration and production company, develops, produces, purchases, transports, and sells crude oil and natural gas worldwide. The company operates through 722 wells. As of December 31, 2013, it had total proved reserves of 1,437 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.