HES vs. MUR
HES (Hess Corporation) and MUR (Murphy Oil Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
HES vs. MUR - Performance Comparison
Loading charts...
Returns By Period
HES
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MUR
- 1D
- 0.91%
- 1M
- 0.58%
- YTD
- 26.69%
- 6M
- 18.64%
- 1Y
- 59.62%
- 3Y*
- 4.53%
- 5Y*
- 14.02%
- 10Y*
- 6.54%
HES vs. MUR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HES Hess Corporation | 0.00% | 12.77% | -6.49% | 2.90% | 94.02% | 42.08% | -19.14% | 67.71% | -13.14% | -22.06% |
MUR Murphy Oil Corporation | 26.69% | 8.68% | -26.77% | 1.98% | 68.50% | 121.37% | -52.74% | 19.48% | -22.09% | 3.41% |
Correlation
The correlation between HES and MUR is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 1983 | 0.59 |
Over the past year, the correlation between HES and MUR has dropped to 0.25 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.
Fundamentals
HES:
$12.47B
MUR:
$735.60B
HES:
$7.43B
MUR:
$1.73B
HES:
$6.60B
MUR:
$329.24B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HES vs. MUR — Risk / Return Rank
HES
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MUR
HES vs. MUR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hess Corporation (HES) and Murphy Oil Corporation (MUR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HES | MUR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.86 | — |
| Martin ratioReturn relative to average drawdown | — | 8.95 | — |
Loading charts...
Drawdowns
HES vs. MUR - Drawdown Comparison
Loading charts...
Drawdown Indicators
| HES | MUR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -92.11% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -17.26% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -58.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -58.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -86.10% | — |
Current DrawdownCurrent decline from peak | — | -19.01% | — |
Average DrawdownAverage peak-to-trough decline | — | -26.26% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.43% | — |
Volatility
HES vs. MUR - Volatility Comparison
Loading charts...
Volatility by Period
| HES | MUR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 35.38% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 47.59% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 46.11% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 55.34% | — |
Dividends
HES vs. MUR - Dividend Comparison
HES has not paid dividends to shareholders, while MUR's dividend yield for the trailing twelve months is around 3.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HES Hess Corporation | 0.34% | 0.67% | 1.41% | 1.21% | 1.06% | 1.35% | 1.89% | 1.50% | 2.47% | 2.11% | 1.61% | 2.06% |
MUR Murphy Oil Corporation | 3.48% | 4.16% | 3.97% | 2.58% | 1.92% | 1.91% | 5.17% | 3.73% | 4.28% | 3.22% | 3.85% | 6.24% |
Financials
HES vs. MUR - Financials Comparison
This section allows you to compare key financial metrics between Hess Corporation and Murphy Oil Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
HES and MUR have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for HES and MUR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer