|Free Dividend Report|
|HES Dividend History|
|HES Stock Split History|
|HES Preferred Stock|
|HES Options Chain|
|HES Message Board|
Hess (HES) has 1 split in our Hess stock split history database. The split for HES took place on June 01, 2006. This was a 3 for 1 split, meaning for each share of HES owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Hess splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the Hess stock split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Hess shares, starting with a $10,000 purchase of HES, presented on a split-history-adjusted basis factoring in the complete Hess stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||-4.36%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-3.66%|
|Hess is a global exploration and production company engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquid (NGL), and natural gas with production operations located primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, Malaysia and Denmark. Co.'s Midstream operating segment provides fee-based services, including gathering, compressing and processing natural gas and fractionating NGL; gathering, terminaling, loading and transporting crude oil and NGL; storing and terminaling propane, and water handling services primarily in the Bakken shale play in the Williston Basin area of North Dakota. According to our Hess stock split history records, Hess has had 1 split.|
|HES Split History Table|
|06/01/2006||3 for 1|
|Energy Stock Splits|
|HES is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: HES shares outstanding history