HES Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Strong Guyana production and current market trends suggest potential upside; call options volume supports bullish sentiment.




Bearish Case: High implied volatility and recent price drop indicate concerns over market stability and regulatory impacts on HES.




Potential Outcomes:

1. Guyana success boosts stock (60%).

2. Regulatory challenges dampen growth (30%).

3. Market remains flat (10%).




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April 19, 2025


Hess Forecast

HES        Hess











Correlated Assets

Assets that tend to move strongly with HES



CVX Forecast + Options Trading Strategies   CVX  Chevron (0.95)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.82)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.81)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (0.81)


GT Forecast + Options Trading Strategies   GT  Goodyear Tire & Rubber (0.79)



Uncorrelated Assets

Assets with little price relationship to HES



USAU Forecast + Options Trading Strategies   USAU  U.S. Gold (0.0)


DDOG Forecast + Options Trading Strategies   DDOG  Datadog (-0.0)


JNUG Forecast + Options Trading Strategies   JNUG  Direxion Daily Junior Gold Miners Index Bu (-0.01)


FLYW Forecast + Options Trading Strategies   FLYW  Flywire (-0.01)


IONQ Forecast + Options Trading Strategies   IONQ  IonQ (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against HES



VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.58)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.59)


ZETA Forecast + Options Trading Strategies   ZETA  Zeta Global Holdings Corp (-0.64)


UL Forecast + Options Trading Strategies   UL  Unilever (-0.66)


IRM Forecast + Options Trading Strategies   IRM  Iron Mountain (-0.66)









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