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Hess Corporation (HES) Stock Split History

Hess Corporation has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on June 12, 1972 with the ratio of 51-for-50, meaning that for 50 shares of HES owned pre-split, shareholders then owned 51 shares. 9 more splits have been implemented since then. The most recent stock split took place on June 01, 2006 on a 3-for-1 basis.

These splits have increased HES stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Hess Corporation's total market capitalization.

For more detailed information of Hess Corporation's stock splits, view the table below:

HES stock split list

Date Split Ratio
2006-06-01 3 - for - 1
1980-08-29 2 - for - 1
1979-06-11 51 - for - 50
1978-07-25 51 - for - 50
1977-07-25 51 - for - 50
1976-06-07 51 - for - 50
1975-06-05 51 - for - 50
1974-06-10 51 - for - 50
1973-06-11 51 - for - 50
1972-06-12 51 - for - 50

Will Hess Corporation Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Hess Corporation has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when HES stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Hess Corporation's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
COP 2005-06-02 2 - for - 1
EOG 2014-04-01 2 - for - 1
CNQ 2024-06-11 2 - for - 1
OXY 2006-08-16 2 - for - 1
HES 2006-06-01 3 - for - 1
EQT 2005-09-02 2 - for - 1
TPL 2024-03-27 3 - for - 1
DVN 2004-11-16 2 - for - 1
CTRA 2013-08-15 2 - for - 1
OVV 2020-01-27 1 - for - 5
RRC 2005-12-05 3 - for - 2
APA 2004-01-15 2 - for - 1
CNX 2006-06-01 2 - for - 1
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