Subtext

Hess Corporation HES

SectorEnergy
Transcripts58
Date range2009-04-29 – 2023-07-26
Calls charted58

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-9-5+0+5+92009 Q12011 Q12013 Q12015 Q12017 Q12019 Q12021 Q12023 Q12009 Q1 · Overall: +1.22009 Q2 · Overall: -0.92009 Q3 · Overall: -3.12009 Q4 · Overall: +1.72010 Q1 · Overall: -2.32010 Q2 · Overall: -4.22010 Q3 · Overall: +0.92010 Q4 · Overall: +2.92011 Q1 · Overall: +2.52011 Q2 · Overall: +0.72011 Q3 · Overall: -0.42011 Q4 · Overall: -0.42012 Q1 · Overall: -1.12012 Q2 · Overall: +4.12012 Q3 · Overall: +0.92012 Q4 · Overall: +4.92013 Q1 · Overall: +2.02013 Q2 · Overall: +0.52013 Q3 · Overall: +2.02013 Q4 · Overall: +2.52014 Q1 · Overall: +0.92014 Q2 · Overall: +1.52014 Q3 · Overall: +2.72014 Q4 · Overall: +5.62015 Q1 · Overall: +5.22015 Q2 · Overall: +6.42015 Q3 · Overall: +5.72015 Q4 · Overall: +6.22016 Q1 · Overall: +4.82016 Q2 · Overall: +4.52016 Q3 · Overall: +4.42016 Q4 · Overall: +5.82017 Q1 · Overall: +7.52017 Q2 · Overall: +8.22017 Q3 · Overall: +7.72017 Q4 · Overall: +4.02018 Q1 · Overall: +4.72018 Q2 · Overall: +7.12018 Q3 · Overall: +3.82018 Q4 · Overall: +3.72019 Q1 · Overall: +6.82019 Q2 · Overall: +3.82019 Q3 · Overall: +7.02019 Q4 · Overall: +2.52020 Q1 · Overall: -7.12020 Q2 · Overall: +5.42020 Q3 · Overall: +2.32020 Q4 · Overall: +4.72021 Q1 · Overall: +4.22021 Q2 · Overall: +4.72021 Q3 · Overall: +5.52021 Q4 · Overall: +7.32022 Q1 · Overall: +4.12022 Q2 · Overall: +4.52022 Q3 · Overall: +7.32022 Q4 · Overall: +6.12023 Q1 · Overall: +6.52023 Q2 · Overall: +6.9
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-27-14+0+14+272009 Q12011 Q12013 Q12015 Q12017 Q12019 Q12021 Q12023 Q12009 Q1 · CEO: +1.62009 Q2 · CEO: +3.02009 Q3 · CEO: -4.32009 Q4 · CEO: +10.82010 Q1 · CEO: +6.22010 Q2 · CEO: -0.62010 Q3 · CEO: +6.62010 Q4 · CEO: +13.42011 Q1 · CEO: +8.12011 Q2 · CEO: +9.02011 Q3 · CEO: +1.12011 Q4 · CEO: +0.82012 Q1 · CEO: +2.32012 Q2 · CEO: +8.12012 Q3 · CEO: +5.32012 Q4 · CEO: +11.42013 Q1 · CEO: +12.72013 Q2 · CEO: +4.22013 Q3 · CEO: +4.32013 Q4 · CEO: +11.42014 Q1 · CEO: +8.42014 Q2 · CEO: +6.62014 Q3 · CEO: +7.12014 Q4 · CEO: +13.02015 Q1 · CEO: +8.22015 Q2 · CEO: +14.22015 Q3 · CEO: +13.12015 Q4 · CEO: +15.72016 Q1 · CEO: +21.12016 Q2 · CEO: +11.52016 Q4 · CEO: +15.22017 Q1 · CEO: +23.72017 Q2 · CEO: +19.72017 Q3 · CEO: +19.52017 Q4 · CEO: +11.92018 Q1 · CEO: +6.92018 Q2 · CEO: +17.62018 Q3 · CEO: +8.72018 Q4 · CEO: +6.32019 Q1 · CEO: +17.42019 Q2 · CEO: +3.02019 Q3 · CEO: +9.22019 Q4 · CEO: +13.42020 Q1 · CEO: -6.02020 Q2 · CEO: +5.92020 Q3 · CEO: +15.62020 Q4 · CEO: +11.72021 Q1 · CEO: +12.12021 Q2 · CEO: +10.62021 Q3 · CEO: +12.22021 Q4 · CEO: +10.32022 Q1 · CEO: +14.82022 Q2 · CEO: +6.72022 Q3 · CEO: +9.02022 Q4 · CEO: +16.12023 Q1 · CEO: +19.32023 Q2 · CEO: +13.12009 Q2 · CFO: +5.62009 Q3 · CFO: +2.52009 Q4 · CFO: +3.82010 Q1 · CFO: -1.82010 Q2 · CFO: -2.42010 Q3 · CFO: -6.92010 Q4 · CFO: -4.42011 Q1 · CFO: -0.72011 Q2 · CFO: -1.72011 Q3 · CFO: -2.12011 Q4 · CFO: -11.22012 Q1 · CFO: -6.22012 Q2 · CFO: -4.72012 Q3 · CFO: -2.92012 Q4 · CFO: -2.12013 Q1 · CFO: -3.12013 Q2 · CFO: +4.42013 Q3 · CFO: -1.02013 Q4 · CFO: -2.92014 Q1 · CFO: -1.52014 Q2 · CFO: +3.22014 Q3 · CFO: +0.92014 Q4 · CFO: +5.82015 Q1 · CFO: +5.52015 Q2 · CFO: +3.72015 Q3 · CFO: +3.22015 Q4 · CFO: -1.22016 Q4 · CFO: -1.52017 Q1 · CFO: +6.72017 Q2 · CFO: +4.92017 Q3 · CFO: +7.52017 Q4 · CFO: -1.72018 Q1 · CFO: +2.12018 Q2 · CFO: +6.72018 Q3 · CFO: +5.52018 Q4 · CFO: +2.12019 Q1 · CFO: -3.12019 Q2 · CFO: +1.12019 Q3 · CFO: +4.82019 Q4 · CFO: -1.92020 Q1 · CFO: -2.02020 Q2 · CFO: +2.62020 Q3 · CFO: -1.12020 Q4 · CFO: +1.02021 Q1 · CFO: +2.62021 Q2 · CFO: +0.42021 Q3 · CFO: +2.02021 Q4 · CFO: +9.62022 Q1 · CFO: -0.42022 Q2 · CFO: +4.02022 Q3 · CFO: +2.62022 Q4 · CFO: +0.02023 Q1 · CFO: +3.12023 Q2 · CFO: +3.5
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-17-9+0+9+172009 Q12011 Q12013 Q12015 Q12017 Q12019 Q12021 Q12023 Q12009 Q1 · Prepared remarks: -7.32009 Q2 · Prepared remarks: -6.42009 Q3 · Prepared remarks: -0.72009 Q4 · Prepared remarks: +7.02010 Q1 · Prepared remarks: +1.32010 Q2 · Prepared remarks: -2.22010 Q3 · Prepared remarks: -2.62010 Q4 · Prepared remarks: +3.22011 Q1 · Prepared remarks: +2.12011 Q2 · Prepared remarks: +0.02011 Q3 · Prepared remarks: -3.42011 Q4 · Prepared remarks: -3.62012 Q1 · Prepared remarks: -4.72012 Q2 · Prepared remarks: +0.72012 Q3 · Prepared remarks: -8.22012 Q4 · Prepared remarks: +7.72013 Q1 · Prepared remarks: +3.82013 Q2 · Prepared remarks: -0.42013 Q3 · Prepared remarks: +0.72013 Q4 · Prepared remarks: +4.42014 Q1 · Prepared remarks: +4.02014 Q2 · Prepared remarks: +3.82014 Q3 · Prepared remarks: +4.32014 Q4 · Prepared remarks: +8.22015 Q1 · Prepared remarks: +7.22015 Q2 · Prepared remarks: +8.32015 Q3 · Prepared remarks: +10.42015 Q4 · Prepared remarks: +6.62016 Q1 · Prepared remarks: +9.02016 Q2 · Prepared remarks: +3.72016 Q3 · Prepared remarks: +7.12016 Q4 · Prepared remarks: +4.02017 Q1 · Prepared remarks: +13.22017 Q2 · Prepared remarks: +12.42017 Q3 · Prepared remarks: +12.42017 Q4 · Prepared remarks: +5.92018 Q1 · Prepared remarks: +8.82018 Q2 · Prepared remarks: +6.62018 Q3 · Prepared remarks: +5.72018 Q4 · Prepared remarks: +5.02019 Q1 · Prepared remarks: +7.72019 Q2 · Prepared remarks: +5.52019 Q3 · Prepared remarks: +7.62019 Q4 · Prepared remarks: +3.82020 Q1 · Prepared remarks: -14.92020 Q2 · Prepared remarks: +5.02020 Q3 · Prepared remarks: +5.02020 Q4 · Prepared remarks: +5.82021 Q1 · Prepared remarks: +5.52021 Q2 · Prepared remarks: +7.82021 Q3 · Prepared remarks: +6.52021 Q4 · Prepared remarks: +9.22022 Q1 · Prepared remarks: +7.32022 Q2 · Prepared remarks: +4.82022 Q3 · Prepared remarks: +8.32022 Q4 · Prepared remarks: +10.12023 Q1 · Prepared remarks: +9.42023 Q2 · Prepared remarks: +9.42009 Q1 · Q&A responses: +6.52009 Q2 · Q&A responses: +6.42009 Q3 · Q&A responses: +0.32009 Q4 · Q&A responses: +2.22010 Q1 · Q&A responses: +0.82010 Q2 · Q&A responses: -0.72010 Q3 · Q&A responses: +4.02010 Q4 · Q&A responses: +8.52011 Q1 · Q&A responses: +4.42011 Q2 · Q&A responses: +6.12011 Q3 · Q&A responses: +4.72011 Q4 · Q&A responses: +4.82012 Q1 · Q&A responses: +0.82012 Q2 · Q&A responses: +10.12012 Q3 · Q&A responses: +6.02012 Q4 · Q&A responses: +5.72013 Q1 · Q&A responses: +3.92013 Q2 · Q&A responses: +5.32013 Q3 · Q&A responses: +5.82013 Q4 · Q&A responses: +0.52014 Q1 · Q&A responses: +1.62014 Q2 · Q&A responses: +2.82014 Q3 · Q&A responses: +3.52014 Q4 · Q&A responses: +7.82015 Q1 · Q&A responses: +7.02015 Q2 · Q&A responses: +8.12015 Q3 · Q&A responses: +5.32015 Q4 · Q&A responses: +9.22016 Q1 · Q&A responses: +4.42016 Q2 · Q&A responses: +7.62016 Q3 · Q&A responses: +5.62016 Q4 · Q&A responses: +9.72017 Q1 · Q&A responses: +7.22017 Q2 · Q&A responses: +6.82017 Q3 · Q&A responses: +6.42017 Q4 · Q&A responses: +4.12018 Q1 · Q&A responses: +2.82018 Q2 · Q&A responses: +9.82018 Q3 · Q&A responses: +6.02018 Q4 · Q&A responses: +4.72019 Q1 · Q&A responses: +12.42019 Q2 · Q&A responses: +2.82019 Q3 · Q&A responses: +6.72019 Q4 · Q&A responses: +4.82020 Q1 · Q&A responses: -1.42020 Q2 · Q&A responses: +8.42020 Q3 · Q&A responses: +2.42020 Q4 · Q&A responses: +7.52021 Q1 · Q&A responses: +7.62021 Q2 · Q&A responses: +7.42021 Q3 · Q&A responses: +8.52021 Q4 · Q&A responses: +9.32022 Q1 · Q&A responses: +6.52022 Q2 · Q&A responses: +7.52022 Q3 · Q&A responses: +9.52022 Q4 · Q&A responses: +3.92023 Q1 · Q&A responses: +7.92023 Q2 · Q&A responses: +7.1
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$-6.72$2.75$12.232009 Q12011 Q12013 Q12015 Q12017 Q12019 Q12021 Q12023 Q12014 Q1: $4.632014 Q2: $4.942014 Q3: $5.332014 Q4: $2.072015 Q1: $-1.772015 Q2: $-1.852015 Q3: $-2.822015 Q4: $-3.542016 Q1: $-5.412016 Q2: $-4.202016 Q3: $-3.482016 Q4: $-3.012017 Q1: $-2.802017 Q2: $-2.942017 Q3: $-3.822017 Q4: $-3.152018 Q1: $-1.572018 Q2: $-0.132018 Q3: $0.592018 Q4: $0.552019 Q1: $-0.292019 Q2: $0.942019 Q3: $0.722019 Q4: $0.332020 Q1: $-0.972020 Q2: $-2.542020 Q3: $-2.072020 Q4: $-2.132021 Q1: $0.392021 Q2: $2.522021 Q3: $3.832021 Q4: $4.682022 Q1: $6.252022 Q2: $10.492022 Q3: $10.922022 Q4: $9.562023 Q1: $7.832023 Q2: $6.83

Forward P/E

-11.26151.35313.972009 Q12011 Q12013 Q12015 Q12017 Q12019 Q12021 Q12023 Q12014 Q1: 17.412014 Q2: 19.502014 Q3: 18.542014 Q4: 33.352015 Q1: 291.542018 Q3: 118.162018 Q4: 83.642019 Q1: 83.642019 Q2: 62.352019 Q3: 92.612019 Q4: 197.152020 Q1: 231.032021 Q1: 182.842021 Q2: 35.132021 Q3: 18.982021 Q4: 16.112022 Q1: 15.162022 Q2: 11.172022 Q3: 11.732022 Q4: 14.242023 Q1: 14.922023 Q2: 19.62

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q4 tone ↑ +2.9 fwd EPS ↓ -3.27 Tone rose while the forward EPS estimate was cut.
  • 2017 Q4 tone ↓ -3.7 fwd EPS ↑ +0.67 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -3.4 fwd EPS ↑ +0.72 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q1 tone ↑ +3.1 fwd EPS ↓ -0.84 Tone rose while the forward EPS estimate was cut.
  • 2019 Q2 tone ↓ -3.0 fwd EPS ↑ +1.24 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↑ +3.2 fwd EPS ↓ -0.22 Tone rose while the forward EPS estimate was cut.
  • 2020 Q2 tone ↑ +12.6 fwd EPS ↓ -1.57 Tone rose while the forward EPS estimate was cut.
  • 2020 Q3 tone ↓ -3.1 fwd EPS ↑ +0.47 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q4 tone ↑ +2.4 fwd EPS ↓ -0.06 Tone rose while the forward EPS estimate was cut.
  • 2022 Q1 tone ↓ -3.2 fwd EPS ↑ +1.57 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2023 Q22023-07-26+6.9$6.8319.6View →
2023 Q12023-04-26+6.5$7.8314.9View →
2022 Q42023-01-25+6.1$9.5614.2View →
2022 Q32022-10-26+7.3$10.9211.7View →
2022 Q22022-07-27+4.5$10.4911.2View →
2022 Q12022-04-27+4.1$6.2515.2View →
2021 Q42022-01-26+7.3$4.6816.1View →
2021 Q32021-10-27+5.5$3.8319.0View →