Hess COO Gregory P. Hill sold 57,858 shares for $9.1M on 2025-03-20, reducing stake by 28.9%
Gregory P. Hill, COO and President of E&P, executed 8 separate sales totaling 57,858 shares for $9,063,879.87 at a blended average price of $156.66, reducing his holdings from 200,452 to 142,594 shares. The filing comes as HES trades at $157.35, near the top of its 52-week range ($126.30–$163.13) and up 20.5% over 90 days, setting a backdrop of elevated valuations. Hill's same-ticker history shows mixed timing: prior sales at HES averaged positive 90-day returns of +1.7% and +4.6%, with only 1 of 5 prior sells registering negative 90-day returns, suggesting his previous sells have been poorly timed at this ticker. The substantial reduction in stake size (28.9%) on the day the stock is near yearly highs warrants close observation of near-term price action and any material announcements regarding E&P strategy or market outlook.