HES Forecast



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



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


INTC Forecast + Options Trading Strategies   INTC  Intel (0.71)


RMBS Forecast + Options Trading Strategies   RMBS  Rambus (0.65)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.64)


TTI Forecast + Options Trading Strategies   TTI  Tetra Technologies (0.63)



Uncorrelated Assets

Assets with little price relationship to HES



CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (0.0)


HL Forecast + Options Trading Strategies   HL  Hecla Mining (-0.0)


ARKF Forecast + Options Trading Strategies   ARKF  ARK Fintech Innovation (0.0)


PLD Forecast + Options Trading Strategies   PLD  Prologis (-0.01)


PL Forecast + Options Trading Strategies   PL  Planet Labs PBC - (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against HES



EXAS Forecast + Options Trading Strategies   EXAS  Exact Sciences (-0.45)


FE Forecast + Options Trading Strategies   FE  Firstenergy (-0.49)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (-0.5)


SCO Forecast + Options Trading Strategies   SCO  ProShares UltraShort Bloomberg Crude Oil (-0.59)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.61)









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