This Energy Stock Has Soared Against the Market

Below is an important message from our trusted sponsors With all the news in recent weeks, you'd think that the markets were crashing. In reality, while indexes are sliding, many picks routinely outperform. Hess Corp. (NYSE: HES) is one of them. This stock has soared against the S&P 500. There's still more room for growth when buying at today's price. Hess Corp. is an oil and gas company. It is globally active and fully integrated. It is engaged from exploration through to transport and sales. Full integration means it can manage expenses and revenue across the supply chain. This is evident in the company's fiscal performance. Earnings per share have exceeded analyst predictions across four straight quarters. Earnings in 2022 are expected to expand more than 300%, thanks to higher energy prices. Growth is expected to continue in 2023, although at a slower pace as prices stabilize. This stock closed at $127.89 on Friday. It is up 72.75% in the year to date. Even if you buy at this stage of the growth, there's a likely upside. The average price target is $138.36. If energy prices remain high, the most bullish analysts see the price hitting $180.00 per share. And to top this pick off, there's a dividend yield of 1.17%, making it one of the best oil and gas picks today. Are you leveraging the growth stocks? You won't miss out on gains with these investment strategies. The information above is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are our own and we have not been compensated in any way to review the symbols mentioned above.  sponsored ads below Avoid “Shiny Object” investments… this simple strategy could hand you $185/day on average Forget cryptos, pot stocks, and other "shiny object" investments. 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