Hess Midstream LP Reports Estimated Results for the Second Quarter of 2025
- HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported second quarter 2025 net income of $179.7 million compared with net income of $160.3 million for the second quarter of 2024. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $90.3 million, or $0.74 basic earnings per Class A share, compared with $0.59 basic earnings per Class A share in the second quarter of 2024. Hess Midstream generated Adjusted.
- 07/30/2025
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John B. Hess Joins Chevron's Board of Directors
- HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced that John B. Hess has been appointed to Chevron's Board of Directors. Hess, 71, served as CEO of Hess Corporation from 1995 to 2025 and as Chairman from 1995 to 2013. He led the company through its strategic transformation from an integrated oil company into a focused global independent exploration and production company. "We are excited to welcome John Hess to Chevron's Board," said Mike Wirth, Chevron's Chairman and CEO. "Joh.
- 07/29/2025
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Hess Midstream LP Announces Distribution Per Share Level Increase
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES DISTRIBUTION PER SHARE LEVEL INCREASE.
- 07/28/2025
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Chevron tells Hess staff to focus on safety as they await job updates
- Chevron leaders told Hess employees to stay focused on safe operations and that they will hear next week if they will continue to have jobs following the oil producer's acquisition, according to two Hess employees who spoke with Reuters.
- 07/24/2025
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Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
- Chevron cut 575 positions in the Houston area after it completed its $55 billion merger with Hess, a Texas Workforce Commission filing revealed on Wednesday.
- 07/23/2025
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US oil producer Continental Resources drops fraud lawsuit against rival Hess
- U.S. shale producer Continental Resources has dropped a lawsuit it filed against rival Hess Corp in May, which alleged it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.
- 07/23/2025
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Hess and a U.K. nuclear plant show what $50 billion gets in the energy market
- For nearly the same price, nuclear will generate far more power — and a lot more headaches.
- 07/22/2025
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Chevron Plus Hess Is A Good Investment
- Chevron's acquisition of Hess secures a 30% stake in Guyana's Stabroek Block, unlocking significant low-cost, high-growth oil production potential. Hess adds robust Bakken shale assets and immediate profit growth, supporting Chevron's valuation and long-term cash flow generation. Chevron's ramp-up in TCO, Gulf of Mexico, and refining capacity positions it for production growth and enhanced shareholder returns.
- 07/20/2025
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Chevron CEO Mike Wirth: Hess acquisition is good for the industry
- Chevron CEO Mike Wirth on Friday said the company's acquisition of Hess, which it completed this week after winning a legal dispute with Exxon Mobil, is good for the oil and gas sector and creates the "strongest upstream portfolio in the industry."
- 07/18/2025
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Fed governor Waller pushes for rate cut, Chevron completes Hess acquisition
- Here is what you may have missed on Morning Brief on Friday, July 18. Federal Reserve governor Christopher Waller says he would like to see the central bank cut rates at its July meeting, putting him in conflict with other FOMC members who want to wait on cuts.
- 07/18/2025
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Paul Sankey gives his read on Chevron's acquisition of Hess
- Paul Sankey, Sankey Research lead analyst, joins 'Money Movers' to discuss Chevron closing on the Hess acquisition and what it means for the company and on the oil sector.
- 07/18/2025
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Chevron prevails over Exxon in Hess megamerger, and it matters for Chevron's stock.
- The conclusion of the saga removes a stock overhang for Chevron and paves the way for the $53 billion deal to close immediately, which the oil giant said it could happen within a couple of days.
- 07/18/2025
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Chevron Closes Hess Deal After Winning Exxon Fight
- Chevron closed its $53 billion deal to buy Hess more than 20 months after the takeover was announced, after winning its arbitration battle with Exxon Mobil. Chevron CEO Mike Wirth discusses the deal and says the resolution is good for the oil industry.
- 07/18/2025
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Chevron completes $53B Hess takeover after arbitration win over Exxon
- Chevron Corporation (NYSE:CVX, ETR:CHV) said Friday it has closed its $53 billion acquisition of Hess Corp (NYSE:HES), cementing its entry into Guyana's prized oil fields after an international arbitration panel rejected Exxon Mobil Corp (NYSE:XOM, ETR:XONA) attempt to block the deal. The ruling by the International Chamber of Commerce (ICC) dismissed Exxon's claim that it held a right of first refusal on Hess's 30% stake in the Stabroek Block offshore Guyana, clearing the way for Chevron to finalize the long-contested takeover.
- 07/18/2025
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Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling
- In a pivotal moment for the energy sector, Chevron Corporation‘s CVX has won a dispute with Exxon Mobil Corporation XOM over Hess Corp's HESS offshore oil assets in Guyana.
- 07/18/2025
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Robinhood, AppLovin Could Soon Join S&P 500 as Hess Deal Creates Opening in Index
- Hess is being acquired by Chevron after the energy company won arbitration with rival Exxon.
- 07/18/2025
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Chevron CEO on Hess acquisition: We're very pleased the transaction has now closed
- Chevron CEO Mike Wirth joins CNBC's 'Squawk on the Street' to discuss the company's completed acquisition of Hess after defeating Exxon in dispute over Guyana oil assets, whether the deal changes the balance of capex vs. capital returns, and much more.
- 07/18/2025
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VIEW Analysts on Chevron winning arbitration over Exxon in Hess deal
- Chevron will proceed with its $53 billion acquisition of Hess after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades off the coast of Guyana.
- 07/18/2025
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Hess Midstream LP Announces Changes to the Board of Directors and Leadership Transition
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS AND LEADERSHIP TRANSITION.
- 07/18/2025
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Chevron Completes Acquisition of Hess Corporation
- HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that it has completed its acquisition of Hess Corporation (NYSE: HES) following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding Hess' offshore Guyana asset. The combined company has one of the most advantaged and differentiated portfolios in the industry, with leading positions in critical energy markets around the world and a high cash margin production profile. I.
- 07/18/2025
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Chevron Prevails Over Exxon. It Can Buy Hess, Guyana Assets: Report.
- It's a big win for Chevron. Buying Hess without the Guyana project would have wiped out the biggest upside from the deal.
- 07/18/2025
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Chevron defeats Exxon in dispute over Guyana oil assets, clearing path for Hess acquisition
- Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation's offshore oil assets in the South American nation of Guyana.
- 07/18/2025
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Chevron Moves Forward With Megadeal for Hess After Winning Exxon Arbitration
- A panel of three arbitrators says Chevron can clinch its long-delayed $53 billion acquisition of Hess, after Exxon tried to pre-empt the deal.
- 07/18/2025
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FTC reverses order barring John Hess from Chevron board
- The U.S. Federal Trade Commission on Thursday reversed a previous order that had barred Hess Corp CEO John Hess from the board of directors at Chevron as a condition of the oil giant's pending $53 billion acquisition of his company.
- 07/17/2025
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Hess Midstream LP Schedules Earnings Release Conference Call
- HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Schedules Earnings Release Conference Call.
- 07/15/2025
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Hess Midstream LP Publishes Sustainability Report
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP PUBLISHES SUSTAINABILITY REPORT.
- 07/10/2025
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Chevron-Hess Arbitration Nears Verdict As Analyst Sees Limited Downside, Big Upside Potential
- After nearly two years of uncertainty and legal wrangling, a resolution may be imminent in Chevron Corporation's CVX highly anticipated acquisition of Hess Corporation HES.
- 07/10/2025
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Hess Schedules Earnings Release Date
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
- 07/09/2025
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Strength Seen in Hess (HES): Can Its 4.8% Jump Turn into More Strength?
- Hess (HES) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
- 07/09/2025
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Hess Exits Suriname's Offshore Block 59 Amid Drilling Risks
- HES exits Suriname's offshore Block 59, capping years of risky exploration after XOM and EQNR pulled out earlier.
- 07/09/2025
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Chevron May Not Want All Of Hess Either
- The climax to the Chevron Corporation-ExxonMobil Corporation dispute may be approaching. Almost all of Hess Corporation's profits come from Guyana. Chevron may well sell or spin off anything of Hess not associated with Guyana.
- 07/08/2025
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Hess to exit Suriname offshore oil block after partners leave over drilling risks
- U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to Staatsolie.
- 07/08/2025
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Chevron preps quick closing of Hess deal and awaits result of Exxon dispute
- Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two sources and an industry analyst, including by preparing a severance program for some Hess workers.
- 07/07/2025
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Hess Corporation: Climax Ahead
- The arbitration decision on Exxon Mobil's right of first refusal is imminent. Retail shareholders are disadvantaged by Hess's limited information disclosure during the prolonged acquisition timeline. Guyana production growth, driven by new FPSOs, is rapidly increasing Hess's value and future earnings potential.
- 07/07/2025
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Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say
- The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter, with the ruling determining whether Chevron can move forward with its planned acquisition of Hess.
- 07/03/2025
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Why Hess (HES) is Poised to Beat Earnings Estimates Again
- Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/03/2025
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Hess Midstream: Deal Or No Deal, Shareholders Win
- Hess Midstream offers value whether Chevron acquires it or not; both scenarios are beneficial for shareholders at current prices, supporting my Buy rating. If Chevron acquires Hess, I expect them to pursue Hess Midstream, likely paying a premium. If the Chevron-Hess deal fails or Chevron divests Bakken assets, Hess Midstream remains slightly undervalued based on my DCF model and stable long-term contracts.
- 07/03/2025
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These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
- 07/02/2025
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3 Oil Stocks to Avoid During 4th of July Week
- Next week brings the start of July, and with it another holiday.
- 06/25/2025
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Hess Outperforms Industry in 6 Months: Should You Buy the Stock?
- The HES stock climbs 13% in six months, beating sector peers as disciplined costs and Guyana growth fuel investor optimism.
- 06/18/2025
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Golden Buying Opportunity For Big Dividend Investors: 8-9% Yields Set To Soar
- High-yield stocks with strong balance sheets and growth profiles are rare. I share two of these opportunities here. Both of these opportunities issue 1099 tax forms.
- 06/08/2025
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5 All-Star High-Yield Dividend Stocks Every Boomer Should Own
- While reaching retirement age can be both a blessing and a curse, relying on the U.S. government to provide for your needs is not the best idea. The full retirement age is 66 if you were born from 1943 to 1954. The full retirement age increases gradually for those born from 1955 to 1960, reaching 67. For anyone born in 1960 or later, full retirement benefits are payable at age 67. While the December 2024 interest rate cut of 25 basis points may be the last until the fall, it is an excellent bet that the federal funds rate will be lower than today’s effective rate of 4.23%, which is already below the long-term average of 4.61%. Therefore, high-quality, high-yield dividend stocks are expected to remain in strong demand. 24/7 Wall St. Key Points: Baby boomers may get a nice tax break on their Social Security income. President Trump’s “Big Beautiful Bill” should address the current tax on seniors’ government checks. Many on Wall Street think the bill will pass this summer. Are you generating solid passive income from high-yield dividend stocks? Why not schedule a meeting with a financial advisor near you for a complete portfolio review? Click here to get started today. (Sponsored) At 24/7 Wall St., we have closely followed dividend-paying stocks for over 15 years. With a growing audience of savvy baby boomers and retirees seeking safe income ideas that deliver more than the 10-year Treasury bond’s 4.38% bi-annual dividend, we have screened hundreds of stocks, looking for recurring, dependable dividend payouts and a degree of safety that allows for a good night’s sleep. Five companies that all pay a higher yield than the 10-year note are our all-star picks that every baby boomer should own. Top Wall Street firms have Buy ratings on all five. Why do we cover high-yield dividend stocks? High-yield dividend stocks offer investors a reliable source of passive income. Passive income is characterized by its ability to generate revenue without requiring the earner’s continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence. Bristol-Myers Squibb Bristol Myers Squibb Co. (NYSE: BMY) is a global biopharmaceutical company committed to discovering, developing, and delivering innovative medicines. This remains a solid pharmaceutical stock to own in the long term, as it offers an outstanding entry point with a reliable dividend. Bristol-Myers Squibb provides transformative medicines for patients with serious diseases in areas such as oncology, hematology, immunology, cardiovascular disease, neuroscience, and other therapeutic areas. Its platforms comprise chemically synthesized or small-molecule drugs, including protein degraders, as well as biologics produced through biological processes. These platforms also encompass ADCs, CAR-T cell therapies, and radiopharmaceutical therapeutics. Small-molecule drugs are typically administered orally in the form of tablets or capsules, although other drug delivery mechanisms are also employed. Biologics are usually administered through injections or by intravenous infusion. CAR-T cell therapies are administered by intravenous infusion. Its growth portfolio includes: Opdivo Opdivo Quantiq Orencia Yervoy Reblozyl Opdualag Bristol-Myers Squibb’s legacy portfolio includes: Eliquis Revlimid Pomalyst/Imnovid Sprycel Abraxane Chevron This American multinational energy corporation predominantly specializes in oil and gas. The integrated giant is a safer option for investors looking to position themselves in the energy sector, and it pays a substantial dividend, which was recently raised by 5%. Chevron Corp. (NYSE: CVX) operates integrated energy and chemicals businesses worldwide through its subsidiaries. The company operates in two segments. The Upstream segment is involved in the following: Exploration, development, production, and transportation of crude oil and natural gas Processing, liquefaction, transportation, and regasification associated with liquefied natural gas Transportation of crude oil through pipelines, and transportation, storage Marketing of natural gas, as well as operating a gas-to-liquids plant The Downstream segment engages in: Refining crude oil into petroleum products Marketing crude oil, refined products, and lubricants Manufacturing and marketing renewable fuels Transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car Manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives It also involves cash management, debt financing, insurance operations, real estate, and technology businesses. Chevron announced in late 2023 that it has entered into a definitive agreement with Hess Corp. (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron stock for each Hess share held. The transaction’s total enterprise value, including debt, is $60 billion. The Federal Trade Commission approved the deal last October, and it is expected to close this summer. Jefferies has a Buy rating with a price objective of $197. Conagra Brands Conagra Brands Inc. (NYSE: CAG) manufactures and sells products under various brands in supermarkets, restaurants, and foodservice establishments. This is the ideal company for nervous investors, as it pays shareholders a substantial and secure dividend. Conagra operates primarily as a consumer packaged goods food company in the United States. The company operates through four segments: Grocery & Snacks Refrigerated & Frozen International Foodservice The Grocery & Snacks segment primarily offers shelf-stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and food service channels outside the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other food service establishments. The company sells its products under these familiar brands: Birds Eye Marie Callender’s Duncan Hines Healthy Choice Slim Jim Reddi-Wip Angie’s BOOMCHICKAPOP Eversource Energy This energy provider serves customers in the northeast part of the United States, and it posted strong first-quarter earnings. This conservative stock idea is off the radar and comes with a rich dividend. Eversource Energy (NYSE: ES) is a public utility holding company that provides energy delivery services. The company operates through four segments: Electric Distribution Electric Transmission Natural Gas Distribution Water Distribution segments It is involved in transmitting and distributing electricity, as well as operating solar power facilities and natural gas facilities. The company operates regulated water utilities that provide water services to approximately 241,000 customers. It serves residential, commercial, industrial, municipal, and fire protection customers in Connecticut, Massachusetts, and New Hampshire. Simon Property Group Simon Property Group Inc. (NYSE: SPG), a leading real estate company, is a self-administered and self-managed real estate investment trust (REIT). It owns, develops, and manages premier shopping, dining, entertainment, and mixed-use destinations, primarily consisting of malls, Premium Outlets, and The Mills. The company owns or holds an interest in approximately 196 income-producing properties in the United States, which consist of: 93 malls 70 Premium Outlets 14 Mills Six lifestyle centers 13 other retail properties in 37 states and Puerto Rico It also holds an interest in 22 regional, super-regional, and outlet malls in the United States and Asia. Additionally, it has redevelopment and expansion projects, including the addition of anchors, big-box tenants, and restaurants, underway at properties in North America, Europe, and Asia. Internationally, the company owns 35 premium outlets and designer outlet properties, primarily located in Asia, Europe, and Canada. It also has two luxury outlet destinations in Italy. Four Strong Buy Bargain Energy Stocks With Ultra-High-Yield Dividends From 7% to Over 20% The post 5 All-Star High-Yield Dividend Stocks Every Boomer Should Own appeared first on 24/7 Wall St..
- 06/04/2025
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Hess Midstream LP Announces Updated Governance
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES UPDATED GOVERNANCE.
- 06/02/2025
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Hess Midstream: A Compelling Opportunity Despite Recent Noise
- HESM offers a secure 7.4% yield, strong contract protections, and resilient fee-based revenue, making the recent sell-off overdone despite legal headlines. The CLR lawsuit targets Hess Corp, not Hess Midstream, and poses no legal or contract risk to HESM's stable, long-term agreements running through 2033. HESM's robust balance sheet, active buybacks, and expected 7% annual distribution growth support an attractive ~14% long-term total return.
- 05/31/2025
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Hess (HES) Up 3% Since Last Earnings Report: Can It Continue?
- Hess (HES) reported earnings 30 days ago. What's next for the stock?
- 05/30/2025
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Occidental vs. Hess: Which Energy Stock Deserves a Spot in Your Folio?
- Occidental Petroleum and Hess Corporation are strong operators in the oil and gas industry. OXY currently has the edge over HES with a higher dividend yield and lower valuation.
- 05/29/2025
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Exxon says it is confident it will win dispute over Chevron-Hess deal
- The arbitration proceedings in Exxon Mobil's contractual dispute over Chevron's planned acquisition of Hess concluded this week and a decision is expected in about two to three months, said Exxon senior vice president Neil Chapman on Thursday.
- 05/29/2025
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Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF CLASS A SHARES.
- 05/28/2025
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Hess Midstream LP Announces Secondary Public Offering of Class A Shares
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SECONDARY PUBLIC OFFERING OF CLASS A SHARES.
- 05/28/2025
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Hess Corporation: Another Platform Begins Operations Soon (Rating Upgrade)
- Hess Corporation's Guyana project is set to add a fourth platform. The arbitration decision, expected a few months after late May, could reassess Hess's value. Hess' earnings growth is driven by the Guyana project's expansion.
- 05/23/2025
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Exxon, Hess to face off over Chevron deal for oilfield riches
- Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of Chevron's $53 billion deal to buy Hess and with it a prized stake in Guyana's prolific oilfields.
- 05/23/2025
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US oil producer Continental Resources claims Hess defrauded it out of $69 million
- U.S. shale producer Continental Resources has filed a lawsuit against Hess Corp alleging that it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.
- 05/19/2025
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Hess Announces Regular Quarterly Dividend On Common Stock
- NEW YORK--(BUSINESS WIRE)--Hess Announces Regular Quarterly Dividend On Common Stock.
- 05/14/2025
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Hess Midstream LP to Participate in May and June Conferences
- HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP TO PARTICIPATE IN MAY AND JUNE CONFERENCES.
- 05/07/2025
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7%+ Yields With Stress-Free Dividend Growth For An Early Retirement
- These 2 blue-chip dividend monsters yield 7–8% and just keep growing. Retire richer with these ultra-safe, high-yield stocks that many investors overlook. Why we're backing up the truck on these inflation-resistant dividend giants.
- 05/07/2025
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Hess Midstream: Insider Selling Onslaught Continues
- Hess Midstream insiders continue to sell significant shares. Chevron's future actions regarding Hess Midstream shares remain unclear. Hess Corporation reports minimal North American profits. This situation needs fixing. How it affects the relationship with the midstream company remains unclear.
- 05/04/2025
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Why Energy Stocks Like Exxon and Hess Are Back in Focus
- Sometimes, the market experiences a new turn of events, creating opportunities for investors who know what to watch out for in their market scans. Of course, these plays only become obvious when it is too late to act upon them.
- 05/04/2025
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Chevron CEO on Earnings, Energy Demand, Buying Hess
- Chevron Corp. Chief Executive Officer Mike Wirth says the oil and gas giant had a very strong quarter even though oil prices were flat. Wirth says the company is ramping up production in the Gulf of America and he expects to see great output.
- 05/02/2025
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Court hearing in Exxon's dispute over Chevron-Hess deal set for May 26, sources say
- The Paris-based International Chamber of Commerce has scheduled a hearing in Exxon Mobil's arbitration dispute over rival Chevron's planned acquisition of oil producer Hess for May 26, according to two sources familiar with the matter.
- 05/01/2025
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Hess Q1 Earnings Beat Estimates, Hydrocarbon Production Flat Y/Y
- HES' first-quarter earnings gain on sustained crude oil and higher NGL production. Increased total costs and expenses partially offset the positives.
- 04/30/2025
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Hess (HES) Q1 Earnings and Revenues Top Estimates
- Hess (HES) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $3.16 per share a year ago.
- 04/30/2025
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Hess beats first-quarter profit estimate despite weak oil prices
- Hess reported a drop in first-quarter profit on Wednesday, hurt by lower oil prices, though the shale producer still managed to beat Wall Street expectations.
- 04/30/2025
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Hess Midstream LP Reports Estimated Results for the First Quarter of 2025
- HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “company”) today reported first quarter 2025 net income of $161.4 million compared with net income of $161.9 million for the first quarter of 2024. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $71.6 million, or $0.65 basic earnings per Class A share, compared with $0.60 basic earnings per Class A share in the first quarter of 2024. Hess Midstream generated Adjusted EB.
- 04/30/2025
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Hess Reports Estimated Results for the First Quarter of 2025
- NEW YORK--(BUSINESS WIRE)--HESS REPORTS ESTIMATED RESULTS FOR THE FIRST QUARTER OF 2025.
- 04/30/2025
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Hess Midstream LP Announces Distribution Per Share Level Increase
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES DISTRIBUTION PER SHARE LEVEL INCREASE.
- 04/28/2025
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OSU A&M Board of Regents Names Dr. Jim Hess 20th President of Oklahoma State University
- Goodwell, Oklahoma--(Newsfile Corp. - April 25, 2025) - The Oklahoma State University A&M Board of Regents today voted to appoint Dr. Jim Hess as the 20th president of Oklahoma State University. The board's decision, which removes the interim title Hess has held since February, appoints Hess to a three year term and came during its regular meeting at Oklahoma Panhandle State University in Goodwell.
- 04/25/2025
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HES Poised to Report Q1 Earnings: Here's What You Need to Know
- Healthier crude oil prices are likely to have aided Hess' earnings in Q1.
- 04/25/2025
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Earnings Preview: Hess (HES) Q1 Earnings Expected to Decline
- Hess (HES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2025
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Hess Corporation: A Lot Of Solid Attributes And Growth Opportunities To Support Its Rebound
- Hess Corporation remains a compelling stock due to its strong financial positioning, strategic expansion in Guyana, and undervaluation, suggesting significant upside potential. HES demonstrated resilient growth in Q4 2024 with a 6.4% YoY revenue increase, driven by high production rates and strategic pricing. Despite geopolitical risks and potential economic overreliance on oil in Guyana, HES's diversified operations and strong balance sheet provide stability and growth opportunities.
- 04/18/2025
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Hess Midstream LP Schedules Earnings Release Conference Call
- HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Schedules Earnings Release Conference Call.
- 04/16/2025
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Hess As The Asset, Chevron As The Platform: A Merger Built For The Future
- Hess has transformed into a focused E&P company, with significant assets in Bakken shale and a 30% stake in Guyana's mega-discovery. The Chevron acquisition offers Hess shareholders a 14% stake in a larger entity, higher dividends, and enhanced stability and scale. Despite market volatility, Hess maintains strong financials, with a projected revenue plateau of $12-13 billion and high profitability from Guyana assets.
- 04/15/2025
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Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
- Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
- 04/11/2025
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Hess Schedules Earnings Release Date
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
- 04/10/2025
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These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 04/09/2025
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Will Hess (HES) Beat Estimates Again in Its Next Earnings Report?
- Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/03/2025
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Government of Guyana, Mount Sinai Health System and Hess Corporation Announce Five-Year Extension of National Healthcare Initiative
- Initiative aims to transform Guyana's public health system by 2030 with world-class healthcare services accessible to all citizens, especially vulnerable communities; Extension builds on significant progress made since the initiative's 2022 launch Initiative aims to transform Guyana's public health system by 2030 with world-class healthcare services accessible to all citizens, especially vulnerable communities; Extension builds on significant progress made since the initiative's 2022 launch
- 03/25/2025
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Government of Guyana, Mount Sinai Health System and Hess Corporation Announce Five-Year Extension of National Healthcare Initiative
- GEORGETOWN, Guyana & NEW YORK--(BUSINESS WIRE)--His Excellency Dr. Irfaan Ali, President of the Co-operative Republic of Guyana, today announced a five-year extension of the national healthcare initiative to transform Guyana's public health system with world-class healthcare services accessible to every Guyanese citizen. This next phase of the initiative, launched in 2022 by the Government of Guyana in collaboration with the Mount Sinai Health System and Hess Corporation, will include establish.
- 03/25/2025
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These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 03/25/2025
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Chevron buys about 5% of Hess stock
- Chevron purchased about 4.99% of Hess Corp's common shares this year, the oil giant said in a regulatory filing on Monday.
- 03/17/2025
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Hess Announces Regular Quarterly Dividend On Common Stock
- NEW YORK--(BUSINESS WIRE)--Hess Announces Regular Quarterly Dividend On Common Stock.
- 03/05/2025
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Why Is Hess (HES) Up 0.7% Since Last Earnings Report?
- Hess (HES) reported earnings 30 days ago. What's next for the stock?
- 02/28/2025
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3 Stocks Breaking Out with More Growth Potential Ahead
- If price action is any indication of where the market stands on a stock or group of stocks, then there are a few names that have shown investors where their potential may lie in the coming quarters. By breaking out the way they have recently, chances are that more capital and attention will start to flow into them, bringing even higher returns to shareholders.
- 02/28/2025
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Hess Midstream LP Announces Filing of 2024 Annual Report on Form 10-K
- HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Filing of 2024 Annual Report on Form 10-K.
- 02/27/2025
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Hess Midstream LP to Participate in Morgan Stanley Energy & Power Conference
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN MORGAN STANLEY ENERGY & POWER CONFERENCE.
- 02/24/2025
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Chevron's Declining Oil Reserves to be Supported by Hess' Guyana Asset
- CVX's pressing concern of dwindling oil and gas reserves defines the urgency of the planned acquisition of Hess' Guyana assets.
- 02/13/2025
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Chevron struggles to replace oil, gas reserves amid Hess deal limbo
- Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S. major's planned acquisition of oil producer Hess that has stalled due to a court battle with Exxon Mobil.
- 02/11/2025
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Hess Midstream LP Announces Pricing of Upsized Secondary Public Offering of Class A Shares
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF UPSIZED SECONDARY PUBLIC OFFERING OF CLASS A SHARES.
- 02/10/2025
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Hess Midstream LP Announces Secondary Public Offering of Class A Shares
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SECONDARY PUBLIC OFFERING OF CLASS A SHARES.
- 02/10/2025
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Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2028
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES DUE 2028.
- 02/03/2025
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Hess Midstream Operations LP Announces Private Offering of Senior Notes Due 2028
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRIVATE OFFERING OF SENIOR NOTES DUE 2028.
- 02/03/2025
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Hess Corporation: Advantage To Exxon Mobil
- Hess Corporation's profits are driven by Guyana operations. Exxon Mobil's position strengthens as arbitration continues. The value of Hess keeps increasing with rising Guyana production and the slow arbitration process. Hess's North American operations are unprofitable.
- 01/29/2025
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Hess Midstream: Hess Issues Domination Continues
- Hess Corporation, operating in the Bakken, has been unprofitable for some time in the United States. The financial health of Hess Midstream is threatened by the ongoing issues faced by its parent company in the Bakken region. The Bakken operation is a large majority of the Hess United States Operations.
- 01/29/2025
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Hess Midstream Continues To Deliver Excellent Results In Q4
- Hess Midstream LP has shown strong performance, with shares up 21% over the past year and a near-7% dividend yield, reaching a 52-week-high. The company reported solid quarterly results, with revenue up 11% and EBITDA margins expanding to 81%, driven by increased production and throughput volumes. Guidance for 2025 and beyond is robust, with expected EBITDA growth, stable leverage, and potential for significant buybacks, supporting a bullish outlook.
- 01/29/2025
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Hess Q4 Earnings Beat Estimates, Revenues Rise Year Over Year
- HES' Q4 earnings gain from increased oil-equivalent production and lower costs, though partially weighed down by weaker realized crude and natural gas prices.
- 01/29/2025
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Hess Exceeds Q4 EPS, Revenue Forecasts
- Oil and natural gas exploration and production specialist Hess (HES -0.07%) reported fourth-quarter and full-year 2024 earnings on Wednesday, Jan. 29, that topped analyst consensus estimates. Stronger-than-expected adjusted EPS came in at $1.76 while revenue and non-operating income reached $3.23 billion, exceeding forecasts of $2.94 billion.
- 01/29/2025
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Hess (HES) Surpasses Q4 Earnings and Revenue Estimates
- Hess (HES) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $1.63 per share a year ago.
- 01/29/2025
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Shale producer Hess beats profit estimates on higher output in US, Guyana
- Oil and gas producer Hess Corp's fourth-quarter profit surpassed Wall Street expectations on Wednesday, buoyed by higher production volumes in the United States and Guyana.
- 01/29/2025
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Hess Midstream LP Announces 2025 Guidance, Extends Return of Capital Program Through 2027
- HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today provided financial and operational guidance and expectations. “We continue to successfully execute our strategy of focused investments to capture increasing volumes in the Bakken,” said John Gatling, President and Chief Operating Officer of Hess Midstream. "Our growth is underpinned by Hess' planned development activity and continuing to provide quality midstream services to our customers in the basin. We are star.
- 01/29/2025
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Hess Reports Estimated Results for the Fourth Quarter of 2024
- NEW YORK--(BUSINESS WIRE)--Hess Corporation Fourth Quarter 2024 Earnings Release.
- 01/29/2025
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Hess Midstream LP Announces Distribution Per Share Level Increase
- HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Distribution Per Share Level Increase.
- 01/27/2025
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Hess to Report Q4 Earnings: Here's What You Can Expect
- HES' Q4 earnings are likely to have been affected by a drop in crude and natural gas prices and an increase in input costs.
- 01/24/2025
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Here's Why Hess (HES) is a Strong Momentum Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 01/23/2025
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US FTC finalizes consent order for $53 bln Chevron-Hess merger
- The U.S. Federal Trade Commision (FTC) said on Friday it had approved a consent order to resolve antitrust issues concerning Chevron's $53 billion takeover of Hess.
- 01/17/2025
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Hess Midstream LP Schedules Earnings Release Conference Call
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP SCHEDULES EARNINGS RELEASE CONFERENCE CALL.
- 01/16/2025
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Will Hess (HES) Beat Estimates Again in Its Next Earnings Report?
- Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/13/2025
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Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
- Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
- 01/13/2025
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Hess CEO offers upbeat oil demand forecast, says Guyana's potential barely scratched
- Hess CEO John Hess on Tuesday said he sees the oil market as closer to being balanced than oversupplied this year, despite worries about demand from China and greater production from U.S. and non-OPEC producers.
- 01/07/2025
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Hess Named to Dow Jones Sustainability Index and Wall Street Journal's List of Top 250 Best Managed Companies
- NEW YORK--(BUSINESS WIRE)--Hess Named to Dow Jones Sustainability Index and Wall Street Journal's List of Top 250 Best Managed Companies.
- 01/06/2025
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Hess Schedules Earnings Release Date
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
- 01/06/2025
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My New Year's Resolution For 2025: Invest $10,000 In These 6 Stocks
- I review here the stocks of six quality companies that I am convinced will bring me closer to my ambitious goal of being able to fund my living expenses through dividends. Dividend growth investing is not a get-rich-quick strategy, it requires commitment and a long-term mindset. Making a New Year's resolution is a great way to help maintain that mindset. I discuss two scenarios of hypothetical investors who start their journey in 2025. I detail the significant impact a long-term commitment – even without additional investments – can make.
- 12/30/2024
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Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon?
- Whenever retail investors can get their hands on the latest set of investment flow data, they should pay attention to it. Not only to figure out who is buying what and what asset classes – or individual stocks – might come into favor in the following months but actually so that they can connect the dots with whatever trends and themes are developing in the broader markets and economy.
- 12/27/2024
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Hess Midstream LP to Participate in Investor Conferences
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN INVESTOR CONFERENCES.
- 12/19/2024
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Hess to Participate in Goldman Sachs Energy, CleanTech and Utilities Conference
- NEW YORK--(BUSINESS WIRE)--Hess to Participate in Goldman Sachs Energy, CleanTech and Utilities Conference.
- 12/19/2024
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Exxon wants to extract its value from Hess Guyana assets, CEO says
- Exxon Mobil want to "participate" in Hess Corp.'s sale of its Guyana oil production assets, and extract value from the work it has put into developing the country's offshore fields, two of its top executives said on Wednesday.
- 12/11/2024
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Hess Recognized for Sustainability Performance
- NEW YORK--(BUSINESS WIRE)--Hess Recognized for Sustainability Performance.
- 12/11/2024
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Hess Midstream LP Publishes Sustainability Report
- HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) today announced publication of its 2023 Sustainability Report as part of its commitment to transparency about environmental, social and governance plans and performance. The report is available on the Hess Midstream website. Leading sustainability reporting frameworks were used to develop the Hess Midstream Sustainability Report including the Energy Infrastructure Council and GPA Midstream Association Environment, Social and Governance Re.
- 12/09/2024
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Hess Announces Regular Quarterly Dividend On Common Stock
- NEW YORK--(BUSINESS WIRE)--Hess Announces Regular Quarterly Dividend On Common Stock.
- 12/04/2024
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Hess Midstream LP to Participate in Wells Fargo Annual Midstream, Energy & Utilities Symposium
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN WELLS FARGO ANNUAL MIDSTREAM, ENERGY & UTILITIES SYMPOSIUM.
- 12/03/2024
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Why Is Hess (HES) Up 9.1% Since Last Earnings Report?
- Hess (HES) reported earnings 30 days ago. What's next for the stock?
- 11/29/2024
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DIRTT Welcomes Holly Hess Groos to the Board of Directors
- CALGARY, Alberta, Nov. 26, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”), a leader in industrialized construction, is pleased to announce that Holly Hess Groos is joining the DIRTT Board of Directors effective November 26, 2024 and will also serve as the Chair of the Audit Committee. Effective November 26, 2024, Scott Robinson, current Board Chair and Audit Committee Chair, will step down from his role as Audit Committee Chair.
- 11/26/2024
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Hess to Participate in Wolfe Research Oil & Gas Conference
- NEW YORK--(BUSINESS WIRE)--Hess to Participate in Wolfe Research Oil & Gas Conference.
- 11/19/2024
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Focus: Chevron CEO under pressure to halt share slide as Hess deal stalls
- Five years ago, Chevron CEO Michael Wirth won Wall Street acclaim as the No. 2 U.S. oil company briefly achieved a market value larger than Exxon Mobil's after he refused to get into a bidding war with Occidental Petroleum over a rival.
- 10/31/2024
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Hess Midstream Operations Are Great And Overshadowed By The Acquisition
- Hess reported unfavorable United States results and has for some time. Hess Midstream services the largest part of the United States business. Clearly, the profitability situation needs to be fixed.
- 10/31/2024
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Hess Q3 Earnings Beat Estimates, Revenues Rise Year Over Year
- HES' Q3 earnings benefit from higher oil-equivalent production. The company also raised its full-year 2024 capital expenditure guidance.
- 10/30/2024
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Hess (HES) Tops Q3 Earnings and Revenue Estimates
- Hess (HES) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.64 per share a year ago.
- 10/30/2024
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Hess posts quarterly profit beat as Guyana oil output stays strong
- Hess Corp beat estimates for third-quarter profit on Wednesday, helped by higher oil production in Guyana.
- 10/30/2024
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Hess Midstream LP Reports Estimated Results for the Third Quarter of 2024
- HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the "company") today reported third quarter 2024 net income of $164.7 million compared with net income of $164.8 million for the third quarter of 2023. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $58.6 million, or $0.63 basic earnings per Class A share, compared with $0.57 basic earnings per Class A share in the third quarter of 2023. Hess Midstream generated Adjusted EB.
- 10/30/2024
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Hess Reports Estimated Results for the Third Quarter of 2024
- NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today reported net income of $498 million, or $1.62 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023. On an adjusted basis, the Corporation reported net income of $660 million, or $2.14 per share, in the third quarter of 2024. The increase in adjusted after-tax earnings compared with the prior-year quarter primarily reflects higher production volumes, partia.
- 10/30/2024
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Hess Midstream LP Announces Distribution Per Share Level Increase
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES DISTRIBUTION PER SHARE LEVEL INCREASE.
- 10/28/2024
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3 Oil Stocks to Watch Before Earnings Come Out
- Earnings season can be a volatile period for stock ownership due to the uncertainty surrounding whether the underlying companies' results will beat or disappoint. However, there are ways for investors to gauge the trends behind certain companies, landing them on the bullish or bearish side of earnings expectations.
- 10/28/2024
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Hess Corporation to Report Q3 Earnings: What to Expect?
- HES' Q3 earnings are likely to have been affected by a drop in crude prices and an increase in input costs.
- 10/25/2024
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Hess (HES) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Hess (HES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/23/2024
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October's 5 Dividend Growth Stocks With 5.10%+ Yields
- Dividend growth stocks can offer a passive way to grow your cash flow over time that can be used to pay the bills during retirement. We screen for some attractive names to consider, looking at dividend safety, growth and consistency, highlighting 5 that come with some of the highest yields. This month, we have 3 familiar names that make the screening regularly, but we also have 2 new names that we haven't touched on previously.
- 10/18/2024
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Hess Midstream LP Schedules Earnings Release Conference Call
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP SCHEDULES EARNINGS RELEASE CONFERENCE CALL.
- 10/09/2024
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Energy Sector Rebound: 3 Stocks Poised for Strong Gains
- The energy sector is experiencing a sharp rebound following a significant escalation in Middle Eastern tensions after Iran launched a missile attack on Israel on October 1. While the immediate physical damage was minimal, the geopolitical consequences have been substantial, as fears of further conflict and disruptions to global crude oil supplies have escalated.
- 10/03/2024
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Hess Schedules Earnings Release Date
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
- 10/02/2024
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Analyst Questions 'What Could Hess Be Worth?' As Chevron Advances In Acquisition Efforts
- Hess Corporation HES and Chevron Corporation CVX shares are trading higher on Tuesday.
- 10/01/2024
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Chevron-Hess Merger Advances, FTC Blocks John Hess' Board Role
- CVX's merger with Hess clears FTC review but John Hess steps into an advisory role after the FTC blocks his board appointment over OPEC-related concerns.
- 10/01/2024
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FTC Clears Chevron-Hess Merger, But Bans Hess CEO From Joining Board
- The Federal Trade Commission (FTC) on Monday cleared Chevron's (CVX) $53 billion acquisition of Hess (HES), but barred Hess CEO John Hess from joining Chevron's board, citing concerns about his previous communications with Organization of Petroleum Exporting Countries (OPEC) officials.
- 09/30/2024
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FTC clears Chevron-Hess deal, bans John Hess from board
- The FTC on Monday alleged that John Hess encouraged senior officials at OPEC to draw down inventories, which would result in higher oil prices. Hess Corp. and Chevron have agreed that they will not appoint Hess to the board in order to facilitate the completion of the merger.
- 09/30/2024
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Hess Announces HSR Clearance Of Chevron-Hess Merger
- NEW YORK--(BUSINESS WIRE)--Hess Announces HSR Clearance Of Chevron-Hess Merger.
- 09/30/2024
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Chevron-Hess Merger Clears FTC Antitrust Review
- SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company's merger with Hess Corporation (NYSE: HES), satisfying a key closing condition for the transaction. “This is an important step toward completing the merger, which will benefit our shareholders, the industry, and the country of Guyana, and add world class assets to our already advantaged portfolio,” said Chevron Chairman and CEO Mike Wir.
- 09/30/2024
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FTC allows Chevron-Hess deal, bars John Hess from board
- The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board.
- 09/30/2024
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FTC Plans to Block Hess CEO from Chevron Board
- John Hess would be prevented from Chevron's board as part of deal for antitrust approval of a Hess-Chevron merger.
- 09/26/2024
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Chevron agrees Hess CEO will not join board in deal with US regulator, Bloomberg News reports
- U.S. energy major Chevron has agreed that Hess CEO John Hess will not join its board in an agreement with the U.S. Federal Trade Commission to proceed with the $53 billion takeover deal, Bloomberg News reported on Thursday, citing people familiar with the matter.
- 09/26/2024
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FTC set to greenlight chevron's $53 billion buy of oil rival Hess, sources say
- The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil's challenge to the $53 billion deal as its final hurdle.
- 09/23/2024
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3 Dividend Stocks That Just Hiked Their Payouts 14%
- Although dividend stock investing is one of the surest ways for investors to dramatically increase their returns over time, dividend growth stocks are even better.
- 09/19/2024
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Hess Midstream: Still Attractive, Even With Potential M&A Delayed
- Hess Midstream remains a strong buy due to its robust contract structure, 7.2% distribution yield, and predictable cash flows. The Chevron-Hess deal, likely delayed until late 2025, could provide additional upside, but immediate gains have been pushed out. HESM's Q2 results show strong growth with $277 million adjusted EBITDA, $156 million free cash flow, and raised gas volumes guidance.
- 09/19/2024
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Hess Midstream LP Announces Pricing of Upsized Secondary Public Offering of Class A Shares
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF UPSIZED SECONDARY PUBLIC OFFERING OF CLASS A SHARES.
- 09/18/2024
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Hess Midstream LP Announces Secondary Public Offering of Class A Shares
- HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Secondary Public Offering of Class A Shares.
- 09/18/2024
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It's Likely Time To Buy Oil Stocks
- Oil prices are under pressure, but potential production cuts and economic recovery could lead to a bullish outlook, with prices rising to $80-90 by early 2025. Schlumberger, APA Corp., and Hess are top oil stock picks, currently oversold and undervalued, offering significant upside potential and attractive dividends. Schlumberger's forward P/E ratio is below 10, APA trades at 5-6 times EPS estimates, and Hess is poised for over 100% EPS growth this year.
- 09/13/2024
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Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SIGNING OF ACCRETIVE $100 MILLION SPONSOR UNIT REPURCHASE.
- 09/10/2024
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Chevron vice chair discusses oil demand, Hess deal
- Chevron (CVX) has announced plans to boost oil (BZ=F, CL=F) and natural gas recovery at two of the energy giant's US Gulf of Mexico facilities. Chevron Vice Chairman Mark Nelson sits down with Brad Smith on Catalysts to discuss the state of the oil market and the company's outlook.
- 09/06/2024
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Hess Rewards Stockholders With a 14.3% Quarterly Dividend Hike
- HES expects its shareholders to receive roughly higher quarterly dividend after its merger with CVX gets completed.
- 09/06/2024
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Hess Becomes Oversold
- The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Hess presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
- 09/05/2024
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Hess (HES) Seeks New Partner for Block 59 Offshore Suriname
- Hess (HES) has until July 2025 to seek a new partner and proceed with the exploration activities at Block 59.
- 08/20/2024
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Be Aware Of The Cash Trap - 2 Strong Buy High-Yield Gems To Be Prepared
- The "cash trap" is caused by investors flocking to high-yield, risk-free assets due to Fed rate hikes. This influx into money market funds could reverse if rates drop. When rates fall, investors may shift from money market funds to high-yield dividend stocks to maintain income. The need for quality picks will grow in this scenario. High-yield, high-quality dividend stocks with strong business models and solid balance sheets could benefit most, offering both income and stability as the market evolves.
- 08/20/2024
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Chevron Has a Lot of Growth Coming Down the Pipeline, Despite Delays for Its Needle-Moving Hess Acquisition
- Chevron has numerous projects coming online over the next few years. The oil giant can organically grow its free cash flow at a double-digit percentage annual rate.
- 08/20/2024
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Exclusive: Hess Guyana's secret value becomes part of Exxon arbitration, sources say
- An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people familiar with the matter said.
- 08/20/2024
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Buy These 5 Year-to-Date Laggards With Solid Near-Term Upside
- We have narrowed our search to five large-cap stocks that have lagged the market year to date. These are: DDOG, SHOP, PFE, HES, PCG.
- 08/13/2024
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3 Reasons Why Growth Investors Shouldn't Overlook Hess (HES)
- Hess (HES) could produce exceptional returns because of its solid growth attributes.
- 08/07/2024
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Chevron Options Still Offer Better Prospects Than Hess
- Chevron Options Still Offer Better Prospects Than Hess
- 08/07/2024
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Chevron reports Q2 miss as Hess takeover faces new delays
- Oil giant Chevron Corp missed estimates for second-quarter profit on Friday, hurt by weak refining margins.
- 08/02/2024
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Hess shares fall most in 20 months on lengthy new delay to Chevron sale
- Shares in U.S. oil producer Hess suffered their largest daily percentage drop in 20 months on Thursday on fallout from the lengthy new delay to its proposed sale to Chevron.
- 08/01/2024
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Hess Corporation: Manifesting The Time Value Of Money
- Arbitration hearing for a dispute over Hess Corporation's interest in Guyana delayed to May 2025. Earnings benefit from stronger commodity prices and increased production from the new FPSO. Delay in merger raises Hess Corporation's value as Guyana production and profits climb.
- 08/01/2024
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Hess (HES) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
- Higher oil equivalent production volumes and increased commodity realized prices aid Hess' (HES) Q2 earnings.
- 07/31/2024
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Hess (HES) Tops Q2 Earnings and Revenue Estimates
- Hess (HES) came out with quarterly earnings of $2.62 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $0.65 per share a year ago.
- 07/31/2024
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Hess profit beats estimates on higher Guyana production
- Hess Corp beat estimates for second-quarter profit on Wednesday, helped by higher oil production in Guyana.
- 07/31/2024
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Is a Beat in Store for Hess (HES) This Earnings Season?
- Favorable commodity prices, coupled with premium Bakken shale and Stabroek Block production boosts, are likely to have aided Hess' (HES) Q2 earnings.
- 07/26/2024
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Hess (HES) Earnings Expected to Grow: Should You Buy?
- Hess (HES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/24/2024
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Is Hess (HES) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Hess (HES) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 07/22/2024
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Why Hess (HES) Might be Well Poised for a Surge
- Hess (HES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 07/19/2024
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Is Hess (HES) Stock Outpacing Its Oils-Energy Peers This Year?
- Here is how Hess (HES) and Kimbell Royalty (KRP) have performed compared to their sector so far this year.
- 07/19/2024
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Exxon clash with Chevron hinges on change of control of Hess' Guyana asset, sources say
- Exxon Mobil's legal bid to stop Chevron's proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess' prize subsidiary in Guyana, according to people knowledgeable about the argument.
- 07/18/2024
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Why Hess (HES) is a Top Momentum Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 07/16/2024
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This Top Oils and Energy Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.
- 07/16/2024
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3 Institutional Investor Favorites Ready to Rally Further
- While there are many ways to gain an advantage on Wall Street, betting alongside the biggest investors can potentially be quite lucrative. Naturally, the wealthiest institutions didn't earn that status by losing money all the time.
- 07/15/2024
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Hess (HES) Faces Regulatory Hurdles Amid Chevron Merger Delay
- Hess (HES) faces additional challenges due to the FTC's decision to postpone its merger verdict until the arbitration case is resolved, which could extend into the fourth quarter.
- 07/12/2024
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5 Must-Buy Efficient Stocks to Enrich Your Portfolio
- Invest in companies like Daktronics (DAKT), Hess (HES), Advanced Drainage Systems (WMS), Apogee Enterprises (APOG) and GENEDX HOLDINGS (WGS) to make the most of higher efficiency levels.
- 07/12/2024
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US FTC to delay decision on Chevron-Hess deal during Exxon arbitration, Bloomberg reports
- The U.S. Federal Trade Commission plans to delay its decision whether to block Chevron's $53 billion takeover of Hess until after an arbitration case with Exxon Mobil is settled, Bloomberg News reported on Thursday.
- 07/11/2024
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Energy Stocks: Winners And Losers At The Beginning Of H2 2024
- The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weighing on the energy sector, although some stocks are affected more than others. Crude oil is hemmed in between two opposing forces, which are both trying to impose their influence on prices.
- 07/04/2024
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Hess Schedules Earnings Release Date
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
- 07/03/2024
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Exxon-Hess arbitration panel nears formation, sources say
- The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil's claim against Chevron's $53 billion purchase of Hess Corp , two people familiar with the matter told Reuters.
- 07/02/2024
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New Strong Buy Stocks for July 1st
- EAT, APOG, DAKT, M and HES have been added to the Zacks Rank #1 (Strong Buy) List on July 1, 2024.
- 07/01/2024
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Sustainability Kings: 3 ESG-Minded Stocks That Are Actually Making a Difference
- Over the past decade, Wall Street has been paying close attention to environmental, social, and governance (ESG) factors, while investing in sustainable stocks has gained significant traction. Fund managers are also increasingly prioritizing ESG stocks, aligning with the views of many investors.
- 06/28/2024
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Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SIGNING OF ACCRETIVE $100 MILLION SPONSOR UNIT REPURCHASE.
- 06/25/2024
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Forget Nvidia: Prominent Billionaires Are Selling It in Favor of These 7 Top-Notch Stocks
- Artificial intelligence (AI) has the potential to add nearly $16 trillion to the global economy by the turn of the decade. Eight top-tier billionaires sent shares of Nvidia to the chopping block in the March-ended quarter.
- 06/25/2024
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Hess CEO to join Goldman Sachs board as independent director
- John Hess, CEO of Hess Corp , has joined the board of Goldman Sachs as independent director, the Wall Street firm said on Monday.
- 06/24/2024
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Hess Crosses Above Key Moving Average Level
- In trading on Monday, shares of Hess crossed above their 200 day moving average of $149.20, changing hands as high as $150.25 per share. Hess shares are currently trading up about 2.7% on the day.
- 06/24/2024
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Exxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled
- A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed, stalling a decision on whether Exxon Mobil has a right of first refusal over Hess' Guyana operations.
- 06/20/2024
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Acquisition Premiums Return To The Oil Patch
- The shale industry is showing signs of maturity. Some acquisition trends appear to be burgeoning, such as acquisition premiums, more debt, and looser hedging requirements.
- 06/19/2024
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Buy These 3 Momentum Stocks Backed by the Driehaus Strategy
- G-III Apparel Group (GIII), RadNet (RDNT) and Hess (HES) have been selected as the momentum picks for the day using the Driehaus strategy.
- 06/19/2024
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3 Reasons Why Growth Investors Shouldn't Overlook Hess (HES)
- Hess (HES) possesses solid growth attributes, which could help it handily outperform the market.
- 06/18/2024
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Hess (HES) Upgraded to Strong Buy: Here's Why
- Hess (HES) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 06/18/2024
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June's 5 Dividend Growth Stocks With 5.02%+ Yields
- Dividend growth stocks can provide reliable cash flows and drive long-term wealth for income investors. Every month we screen for dividend stocks based on safety, growth, and consistency metrics to help identify worthwhile investments. This month we have five familiar names, but one utility name we haven't touched on in over two years now, which appears to be an attractive consideration.
- 06/18/2024
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Down -7.86% in 4 Weeks, Here's Why You Should You Buy the Dip in Hess (HES)
- Hess (HES) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
- 06/18/2024
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Hess Midstream: Beyond 7.3% Yield, A Perfect Investment For Income And Growth
- Americans have more investment income than ever before, creating a divide between the "haves" and "have-nots." Hess Midstream LP is a strong income investment option, offering stability through long-term contracts and a 7.3% yield. HESM has strong fundamentals, including a healthy balance sheet and a commitment to 5% annual dividend growth.
- 06/08/2024
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Billionaire Ken Griffin Goes Bargain Hunting: 3 Stocks He Just Bought
- Griffin increased his Citadel hedge fund's stake in one oil stock by nearly 18x in Q1. He bought another 352,000-plus shares of a cloud services giant.
- 06/07/2024
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Hess Midstream LP to Participate in J.P. Morgan Energy, Power & Renewables Conference
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN J.P. MORGAN ENERGY, POWER & RENEWABLES CONFERENCE.
- 06/06/2024
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3 Dividend Stocks That Even Ken Griffin Is Buying
- Hedge fund operator Ken Griffin is the founder and CEO of Citadel, one of the world's most successful alternative investment firms. It has over $103 billion in assets under management (AUM) and Griffin likes to cast a wide net when making investments.
- 06/04/2024
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Hess (HES) Shareholders Approve Chevron Deal Amid Arbitration
- Hess (HES) shareholders approve a $53 billion merger with Chevron despite the ongoing legal dispute over Guyana's Stabroek block assets.
- 05/31/2024
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Hess shareholder vote on Chevron deal easily met majority required -filing
- Hess shareholders cast 157.6 million 'yes' votes in favor of its sale to Chevron, a Securities and Exchange Commission filing on Friday showed, more than 3 million more than required to pass.
- 05/31/2024
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Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF CLASS A SHARES.
- 05/29/2024
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Big Oil Consolidation: Chevron Acquiring Hess - ConocoPhillips Acquiring Marathon Oil
- Consolidation among the oil and energy sector continues as Chevron (CVX) will be acquiring Hess (HES) in a deal valued at $53 billion while ConocoPhillips (COP) is set to acquire Marathon Oil (MRO) for $22.5 billion when including debt.
- 05/29/2024
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Hess Midstream LP Announces Secondary Public Offering of Class A Shares
- HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SECONDARY PUBLIC OFFERING OF CLASS A SHARES.
- 05/29/2024
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Chevron shareholders re-elect all directors, CEO confident on Hess deal
- Chevron shareholders on Wednesday voted to re-elect all 12 sitting directors to its board, in a sign of support for the oil major.
- 05/29/2024
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Oil deals: Shareholders approve Hess sale, Conoco acquires Marathon
- Hess (HES) shareholders have officially voted in favor of selling the company to Chevron (CVX) in a deal valued at $53 billion. However, the path to finalizing this transaction still presents several hurdles.
- 05/29/2024
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Hess shareholders give the green light to $53bn Chevron deal
- Hess Corp (NYSE:HES) shareholders have approved the proposed $53 billion merger with Chevron Corporation (NYSE:CVX, ETR:CHV), setting the stage for Chevron to acquire a valuable asset in Guyana. The deal move will give Chevron a foothold in the significant oil discoveries made by rival Exxon Mobil in the region.
- 05/29/2024
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Hess shareholders approve $53B merger with Chevron, reports say
- CNBC's Pippa Stevens joins 'Power Lunch' to discuss Hess shareholders approving merger with Chevron.
- 05/28/2024
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Hess Corporation Receives Stockholder Approval for Proposed Merger with Chevron
- NEW YORK--(BUSINESS WIRE)--Hess Corporation Receives Stockholder Approval for Proposed Merger with Chevron.
- 05/28/2024
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Hess shareholders approve merger with Chevron
- Hess Corp on Tuesday approved the company's $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote.
- 05/28/2024
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Hess investors to vote on Chevron deal amid growing postponement calls
- Hess Corp shareholders will vote on Tuesday on Chevron's proposed $53 billion acquisition of the company, after many investors have called for a delay in hopes of obtaining a better offer for their shares.
- 05/28/2024
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Hess shareholders to vote on Chevron deal as dispute with Exxon over Guyana assets creates uncertainty
- The Chevron-Hess deal was originally slated to close in the first half of 2024, but that timeline has been delayed due to a dispute with Exxon Mobil. Exxon claims a right of first refusal over Hess' lucrative assets in Guyana under a joint operating agreement.
- 05/28/2024
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Hess Corp stock: A buy amid merger drama?
- Hess Corporation (NYSE:HES) has been at the center of a significant corporate event since October 23, 2023, when Chevron Corporation (NYSE:CVX) announced its plans to acquire Hess for $53 billion, valuing the former at $171 per share.
- 05/28/2024
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Chevron-Hess Deal Vote Is Looking Like a ‘Coin Toss'
- Chevron hopes to buy Hess for $53 billion. But the status of the deal looks shakier than ever,
- 05/27/2024
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Billionaire Ken Griffin Is Buying These Dividend Stocks Hand Over Fist. Should You?
- Griffin appears to have made a big bet in Q1 that Chevron's acquisition of Hess will sail through. His Citadel hedge fund bought over 22.4 million additional shares of Bank of America.
- 05/24/2024
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Hess-Chevron merger vote appears ripe for narrow approval
- Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 billion sale of the oil producer to Chevron Corp.
- 05/23/2024
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Hess (HES) Faces Legal Hurdles Over Chevron Deal Disclosures
- Hess (HES) faces three lawsuits alleging inadequate disclosures in its proposed $53 billion sale to Chevron, potentially delaying the strategic merger aimed at Guyana's offshore oil fields.
- 05/22/2024
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Is Hess (HES) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Hess (HES) possesses solid growth attributes, which could help it handily outperform the market.
- 05/21/2024
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Hess facing three lawsuits over disclosures in Chevron deal
- Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron.
- 05/21/2024
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Glass Lewis Recommends Hess Shareholders Vote For Proposed Merger With Chevron
- Hess Corporation (NYSE: HES) today announced that independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. (Glass Lewis) has recommended that Hess shareholders vote FOR the proposed merger with Chevron. In its report, Glass Lewis notes “the strategic and financial merits of the proposed merger are sound and reasonable” and that “Hess shareholders will have the opportunity to participate in the potential future upside of the combined company.” CEO John Hess said: “We are pleased that Glass Lewis recognizes the value of this strategic transaction for shareholders and supports the Board of Directors’ unanimous recommendation for our proposed merger with Chevron. We strongly believe that voting FOR the all-stock Chevron transaction now is the best, most accretive value option for our shareholders and look forward to the successful completion of our merger.” Benefits to shareholders The company reiterates a number of reasons for Hess shareholders to support the merger. This strategic transaction locks in the value for Hess shareholders at its all-time high price, providing shareholders approximately 15% ownership of a premier supermajor with a world class portfolio of investment opportunities. Increased cash returns including dividends and share repurchases to Hess shareholders upon closing are expected to be nearly 9 times the current level and represent significant additional financial value above the premium paid. Additionally, by combining two strong companies, Hess shareholders will benefit from greater asset and geographic diversification, exposure to a stronger and industry leading balance sheet, the ability to realize various operational and cost synergies, and expanded global partnerships. The proposed all-stock deal allows current Hess shareholders to continue to participate in the upside of Chevron’s free cash flow growth. Shareholders with questions about voting their shares of Hess common stock should contact Hess’ proxy solicitor, MacKenzie Partners, Inc. by phone at (212) 929-5500 / Toll-Free: (800) 322-2885 or email at proxy@mackenziepartners.com. FORWARD-LOOKING STATEMENTS This communication contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these statements and other forward-looking statements in this document by words such as “expects,” “focus,” “intends,” “anticipates,” “plans,” “targets,” “poised,” “advances,” “drives,” “aims,” “forecasts,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “progress,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “commits,” “on track,” “objectives,” “goals,” “projects,” “strategies,” “opportunities,” “potential,” “ambitions,” “aspires” and similar expressions, and variations or negatives of these words, but not all forward-looking statements include such words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about the consummation of the potential transaction, including the expected time period to consummate the potential transaction, and the anticipated benefits (including synergies) of the potential transaction. All such forward-looking statements are based upon current plans, estimates, expectations, and ambitions that are subject to risks, uncertainties, and assumptions, many of which are beyond the control of Chevron and Hess, that could cause actual results to differ materially from those expressed in such forward-looking statements. Key factors that could cause actual results to differ materially include, but are not limited to the risk that regulatory approvals are not obtained or are obtained subject to conditions that are not anticipated by Chevron and Hess; potential delays in consummating the potential transaction, including as a result of regulatory proceedings or the ongoing arbitration proceedings regarding preemptive rights in the Stabroek Block joint operating agreement; risks that such ongoing arbitration is not satisfactorily resolved and the potential transaction fails to be consummated; Chevron’s ability to integrate Hess’ operations in a successful manner and in the expected time period; the possibility that any of the anticipated benefits and projected synergies of the potential transaction will not be realized or will not be realized within the expected time period; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement; risks that the anticipated tax treatment of the potential transaction is not obtained; unforeseen or unknown liabilities; customer, shareholder, regulatory and other stakeholder approvals and support; unexpected future capital expenditures; potential litigation relating to the potential transaction that could be instituted against Chevron and Hess or their respective directors; the possibility that the potential transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the effect of the announcement, pendency or completion of the potential transaction on the parties’ business relationships and business generally; risks that the potential transaction disrupts current plans and operations of Chevron or Hess and potential difficulties in Hess employee retention as a result of the potential transaction, as well as the risk of disruption of Chevron’s or Hess’ management and business disruption during the pendency of, or following, the potential transaction; changes to the company’s capital allocation strategies; uncertainties as to whether the potential transaction will be consummated on the anticipated timing or at all, or if consummated, will achieve its anticipated economic benefits, including as a result of risks associated with third party contracts containing material consent, anti-assignment, transfer or other provisions that may be related to the potential transaction and that are not waived or otherwise satisfactorily resolved; changes in commodity prices; negative effects of the announcement of the potential transaction, and the pendency or completion of the proposed acquisition on the market price of Chevron’s or Hess’ common stock and/or operating results; rating agency actions and Chevron’s and Hess’ ability to access short- and long-term debt markets on a timely and affordable basis; various events that could disrupt operations, including severe weather, such as droughts, floods, avalanches and earthquakes, and cybersecurity attacks, as well as security threats and governmental response to them, and technological changes; labor disputes; changes in labor costs and labor difficulties; the effects of industry, market, economic, political or regulatory conditions outside of Chevron’s or Hess’ control; legislative, regulatory and economic developments targeting public companies in the oil and gas industry; and the risks described in (i) Part I, Item 1A “Risk Factors” of (a) Chevron’s Annual Report on Form 10-K for the year ended December 31, 2023 and (b) Hess’ Annual Report on Form 10-K for the year ended December 31, 2023, (ii) Hess’ definitive proxy statement in connection with the potential transaction, and (iii) other filings of Chevron and Hess with the U.S. Securities and Exchange Commission (“SEC”). Other unpredictable or factors not discussed in this communication could also have material adverse effects on forward-looking statements. Neither Chevron nor Hess assumes an obligation to update any forward-looking statements, except as required by law. You are cautioned not to place undue reliance on any of these forward-looking statements as they are not guarantees of future performance or outcomes and that actual performance and outcomes. These forward-looking statements speak only as of the date hereof. IMPORTANT INFORMATION FOR INVESTORS AND STOCKHOLDERS This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. In connection with the potential transaction, Chevron filed a registration statement on Form S-4 with the SEC containing a preliminary prospectus of Chevron that also constitutes a preliminary proxy statement of Hess. The registration statement was declared effective on April 26, 2024. Chevron filed a prospectus on April 26, 2024, and Hess filed a definitive proxy statement on April 26, 2024. Hess commenced mailing of the definitive proxy statement/prospectus to stockholders of Hess on or about April 26, 2024. This communication is not a substitute for the proxy statement/prospectus or registration statement or for any other document that Chevron or Hess may file with the SEC and send to Hess’ stockholders in connection with the potential transaction. INVESTORS AND SECURITY HOLDERS OF CHEVRON AND HESS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the proxy statement/prospectus and other documents filed with the SEC by Chevron or Hess through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by Chevron will be available free of charge on Chevron’s website at http://www.chevron.com/investors. Copies of the documents filed with the SEC by Hess will be available free of charge on Hess’ website at http://www.hess.com/investors. PARTICIPANTS IN THE SOLICITATION Chevron, Hess, their respective directors and certain of their respective executive officers may be deemed to be “participants” (as defined under Section 14(a) of the Securities Exchange Act of 1934) in the solicitation of proxies from shareholders of Hess with respect to the potential transaction. Information about the identity of Chevron’s (i) directors is set forth in the section entitled “director summary” on page 9 of Chevron’s proxy statement on Schedule 14A filed with the SEC on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_6a) and (ii) executive officers is set forth in the section entitled “Information about our Executive Officers at February 26, 2024” on page 31 of Chevron’s Annual Report on Form 10-K filed with the SEC on February 26, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000009341024000013/cvx-20231231.htm#ib7903ee4cd7540d8ab5b70d4bf454edd_178). Information about the compensation of Chevron’s non-employee directors is set forth in the section entitled “2023 non-employee director compensation” starting on page 25 of Chevron’s proxy statement on Schedule 14A filed on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_10). Information about the compensation of Chevron’s named executive officers is set forth in the section entitled “compensation discussion and analysis” starting on page 49 of Chevron’s proxy statement on Schedule 14A filed with the SEC on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_35) and the Current Report on Form 8-K filed with the SEC on February 2, 2024 (and available at https://www.sec.gov/ix?doc=/Archives/edgar/data/93410/000009341024000007/cvx-20240130.htm). Transactions with related persons (as defined in Item 404 of Regulation S-K promulgated under the Securities Act of 1933) are disclosed in the section entitled “related person transactions” on page 105 of Chevron’s proxy statement on Schedule 14A filed with the SEC on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_50). Information about the beneficial ownership of Chevron securities by Chevron’s directors and named executive officers is set forth in the section entitled “security ownership of certain beneficial owners and management” starting on page 102 of Chevron’s proxy statement on Schedule 14A filed with the SEC on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_47). Information about the identity of Hess’ (i) directors is set forth in the section entitled “Director Nominees” on page v of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_11) and (ii) executive officers is set forth in the section entitled “Information about our Executive Officers” on page 18 of Hess’ Annual Report on Form 10-K filed with the SEC on February 26, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000162828024006845/hes-20231231.htm#ia1d039205cfa47fd9abb4a2a0a824bd0_22). Information about the compensation of Hess’ non-employee directors is set forth in the section entitled “Director Compensation” on page 20 of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_32). Information about the compensation of Hess’ named executive officers is set forth in the section entitled “Compensation Discussion and Analysis” starting on page 21 of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_34) and the Current Report on Form 8-K filed with the SEC on March 8, 2024 (and available at: https://www.sec.gov/Archives/edgar/data/4447/000119312524063665/d741455d8k.htm). Transactions with related persons (as defined in Item 404 of Regulation S-K promulgated under the Securities Act of 1933) are disclosed in the section entitled “Related Party Transactions” on page 9 of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_25). Additional information about Hess’ directors and executive officers with respect to the proposed transaction is available in Hess’ definitive proxy statement for the transaction, including under the sections entitled “The Merger—Hess Board’s Recommendations and Its Reasons for the Merger,” “The Merger—Interests of Directors and Executive Officers,” “The Merger—Director and Officer Indemnification,” “The Merger Agreement—Merger Consideration—Treatment of Hess Equity Awards,” “Special Meeting—Voting by Hess’ Directors and Executive Officers,” and “Non-Binding, Advisory Vote on Merger-Related Compensation for Hess’ Named Executive Officers.” Information about the beneficial ownership of Hess securities by Hess’ directors and named executive officers is set forth in the section entitled “Ownership of Equity Securities by Management” on page 19 of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_31) and the section entitled “The Merger—Share Ownership of Directors, Executive Officers and Certain Beneficial Owners of Hess” on page 75 of Hess’ definitive proxy statement. To the extent that Hess’ directors and executive officers and their respective affiliates have acquired or disposed of security holdings since the applicable “as of” date disclosed in the definitive proxy statement for the transaction, such transactions have been or will be reflected on Statements of Change in Ownership on Form 4, Initial Statements of Beneficial ownership on Form 3, or amendments to beneficial ownership reports on Schedules 13G filed with the SEC. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240519753866/en/
- 05/20/2024
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Glass Lewis Recommends Hess Shareholders Vote For Proposed Merger With Chevron
- Hess Corporation (NYSE: HES) today announced that independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. (Glass Lewis) has recommended that Hess shareholders vote FOR the proposed merger with Chevron. In its report, Glass Lewis notes “the strategic and financial merits of the proposed merger are sound and reasonable” and that “Hess shareholders will have the opportunity to participate in the potential future upside of the combined company.” CEO John Hess said: “We are pleased that Glass Lewis recognizes the value of this strategic transaction for shareholders and supports the Board of Directors’ unanimous recommendation for our proposed merger with Chevron. We strongly believe that voting FOR the all-stock Chevron transaction now is the best, most accretive value option for our shareholders and look forward to the successful completion of our merger.” Benefits to shareholders The company reiterates a number of reasons for Hess shareholders to support the merger. This strategic transaction locks in the value for Hess shareholders at its all-time high price, providing shareholders approximately 15% ownership of a premier supermajor with a world class portfolio of investment opportunities. Increased cash returns including dividends and share repurchases to Hess shareholders upon closing are expected to be nearly 9 times the current level and represent significant additional financial value above the premium paid. Additionally, by combining two strong companies, Hess shareholders will benefit from greater asset and geographic diversification, exposure to a stronger and industry leading balance sheet, the ability to realize various operational and cost synergies, and expanded global partnerships. The proposed all-stock deal allows current Hess shareholders to continue to participate in the upside of Chevron’s free cash flow growth. Shareholders with questions about voting their shares of Hess common stock should contact Hess’ proxy solicitor, MacKenzie Partners, Inc. by phone at (212) 929-5500 / Toll-Free: (800) 322-2885 or email at proxy@mackenziepartners.com. FORWARD-LOOKING STATEMENTS This communication contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these statements and other forward-looking statements in this document by words such as “expects,” “focus,” “intends,” “anticipates,” “plans,” “targets,” “poised,” “advances,” “drives,” “aims,” “forecasts,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “progress,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “commits,” “on track,” “objectives,” “goals,” “projects,” “strategies,” “opportunities,” “potential,” “ambitions,” “aspires” and similar expressions, and variations or negatives of these words, but not all forward-looking statements include such words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about the consummation of the potential transaction, including the expected time period to consummate the potential transaction, and the anticipated benefits (including synergies) of the potential transaction. All such forward-looking statements are based upon current plans, estimates, expectations, and ambitions that are subject to risks, uncertainties, and assumptions, many of which are beyond the control of Chevron and Hess, that could cause actual results to differ materially from those expressed in such forward-looking statements. Key factors that could cause actual results to differ materially include, but are not limited to the risk that regulatory approvals are not obtained or are obtained subject to conditions that are not anticipated by Chevron and Hess; potential delays in consummating the potential transaction, including as a result of regulatory proceedings or the ongoing arbitration proceedings regarding preemptive rights in the Stabroek Block joint operating agreement; risks that such ongoing arbitration is not satisfactorily resolved and the potential transaction fails to be consummated; Chevron’s ability to integrate Hess’ operations in a successful manner and in the expected time period; the possibility that any of the anticipated benefits and projected synergies of the potential transaction will not be realized or will not be realized within the expected time period; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement; risks that the anticipated tax treatment of the potential transaction is not obtained; unforeseen or unknown liabilities; customer, shareholder, regulatory and other stakeholder approvals and support; unexpected future capital expenditures; potential litigation relating to the potential transaction that could be instituted against Chevron and Hess or their respective directors; the possibility that the potential transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the effect of the announcement, pendency or completion of the potential transaction on the parties’ business relationships and business generally; risks that the potential transaction disrupts current plans and operations of Chevron or Hess and potential difficulties in Hess employee retention as a result of the potential transaction, as well as the risk of disruption of Chevron’s or Hess’ management and business disruption during the pendency of, or following, the potential transaction; changes to the company’s capital allocation strategies; uncertainties as to whether the potential transaction will be consummated on the anticipated timing or at all, or if consummated, will achieve its anticipated economic benefits, including as a result of risks associated with third party contracts containing material consent, anti-assignment, transfer or other provisions that may be related to the potential transaction and that are not waived or otherwise satisfactorily resolved; changes in commodity prices; negative effects of the announcement of the potential transaction, and the pendency or completion of the proposed acquisition on the market price of Chevron’s or Hess’ common stock and/or operating results; rating agency actions and Chevron’s and Hess’ ability to access short- and long-term debt markets on a timely and affordable basis; various events that could disrupt operations, including severe weather, such as droughts, floods, avalanches and earthquakes, and cybersecurity attacks, as well as security threats and governmental response to them, and technological changes; labor disputes; changes in labor costs and labor difficulties; the effects of industry, market, economic, political or regulatory conditions outside of Chevron’s or Hess’ control; legislative, regulatory and economic developments targeting public companies in the oil and gas industry; and the risks described in (i) Part I, Item 1A “Risk Factors” of (a) Chevron’s Annual Report on Form 10-K for the year ended December 31, 2023 and (b) Hess’ Annual Report on Form 10-K for the year ended December 31, 2023, (ii) Hess’ definitive proxy statement in connection with the potential transaction, and (iii) other filings of Chevron and Hess with the U.S. Securities and Exchange Commission (“SEC”). Other unpredictable or factors not discussed in this communication could also have material adverse effects on forward-looking statements. Neither Chevron nor Hess assumes an obligation to update any forward-looking statements, except as required by law. You are cautioned not to place undue reliance on any of these forward-looking statements as they are not guarantees of future performance or outcomes and that actual performance and outcomes. These forward-looking statements speak only as of the date hereof. IMPORTANT INFORMATION FOR INVESTORS AND STOCKHOLDERS This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. In connection with the potential transaction, Chevron filed a registration statement on Form S-4 with the SEC containing a preliminary prospectus of Chevron that also constitutes a preliminary proxy statement of Hess. The registration statement was declared effective on April 26, 2024. Chevron filed a prospectus on April 26, 2024, and Hess filed a definitive proxy statement on April 26, 2024. Hess commenced mailing of the definitive proxy statement/prospectus to stockholders of Hess on or about April 26, 2024. This communication is not a substitute for the proxy statement/prospectus or registration statement or for any other document that Chevron or Hess may file with the SEC and send to Hess’ stockholders in connection with the potential transaction. INVESTORS AND SECURITY HOLDERS OF CHEVRON AND HESS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the proxy statement/prospectus and other documents filed with the SEC by Chevron or Hess through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by Chevron will be available free of charge on Chevron’s website at http://www.chevron.com/investors. Copies of the documents filed with the SEC by Hess will be available free of charge on Hess’ website at http://www.hess.com/investors. PARTICIPANTS IN THE SOLICITATION Chevron, Hess, their respective directors and certain of their respective executive officers may be deemed to be “participants” (as defined under Section 14(a) of the Securities Exchange Act of 1934) in the solicitation of proxies from shareholders of Hess with respect to the potential transaction. Information about the identity of Chevron’s (i) directors is set forth in the section entitled “director summary” on page 9 of Chevron’s proxy statement on Schedule 14A filed with the SEC on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_6a) and (ii) executive officers is set forth in the section entitled “Information about our Executive Officers at February 26, 2024” on page 31 of Chevron’s Annual Report on Form 10-K filed with the SEC on February 26, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000009341024000013/cvx-20231231.htm#ib7903ee4cd7540d8ab5b70d4bf454edd_178). Information about the compensation of Chevron’s non-employee directors is set forth in the section entitled “2023 non-employee director compensation” starting on page 25 of Chevron’s proxy statement on Schedule 14A filed on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_10). Information about the compensation of Chevron’s named executive officers is set forth in the section entitled “compensation discussion and analysis” starting on page 49 of Chevron’s proxy statement on Schedule 14A filed with the SEC on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_35) and the Current Report on Form 8-K filed with the SEC on February 2, 2024 (and available at https://www.sec.gov/ix?doc=/Archives/edgar/data/93410/000009341024000007/cvx-20240130.htm). Transactions with related persons (as defined in Item 404 of Regulation S-K promulgated under the Securities Act of 1933) are disclosed in the section entitled “related person transactions” on page 105 of Chevron’s proxy statement on Schedule 14A filed with the SEC on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_50). Information about the beneficial ownership of Chevron securities by Chevron’s directors and named executive officers is set forth in the section entitled “security ownership of certain beneficial owners and management” starting on page 102 of Chevron’s proxy statement on Schedule 14A filed with the SEC on April 10, 2024 (and available at https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/93410/000119312524091327/d557504ddef14a.htm#toc557504_47). Information about the identity of Hess’ (i) directors is set forth in the section entitled “Director Nominees” on page v of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_11) and (ii) executive officers is set forth in the section entitled “Information about our Executive Officers” on page 18 of Hess’ Annual Report on Form 10-K filed with the SEC on February 26, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000162828024006845/hes-20231231.htm#ia1d039205cfa47fd9abb4a2a0a824bd0_22). Information about the compensation of Hess’ non-employee directors is set forth in the section entitled “Director Compensation” on page 20 of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_32). Information about the compensation of Hess’ named executive officers is set forth in the section entitled “Compensation Discussion and Analysis” starting on page 21 of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_34) and the Current Report on Form 8-K filed with the SEC on March 8, 2024 (and available at: https://www.sec.gov/Archives/edgar/data/4447/000119312524063665/d741455d8k.htm). Transactions with related persons (as defined in Item 404 of Regulation S-K promulgated under the Securities Act of 1933) are disclosed in the section entitled “Related Party Transactions” on page 9 of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_25). Additional information about Hess’ directors and executive officers with respect to the proposed transaction is available in Hess’ definitive proxy statement for the transaction, including under the sections entitled “The Merger—Hess Board’s Recommendations and Its Reasons for the Merger,” “The Merger—Interests of Directors and Executive Officers,” “The Merger—Director and Officer Indemnification,” “The Merger Agreement—Merger Consideration—Treatment of Hess Equity Awards,” “Special Meeting—Voting by Hess’ Directors and Executive Officers,” and “Non-Binding, Advisory Vote on Merger-Related Compensation for Hess’ Named Executive Officers.” Information about the beneficial ownership of Hess securities by Hess’ directors and named executive officers is set forth in the section entitled “Ownership of Equity Securities by Management” on page 19 of Hess’ proxy statement on Schedule 14A filed with the SEC on April 5, 2024 (and available at https://www.sec.gov/Archives/edgar/data/4447/000119312524088446/d520445ddef14a.htm#toc520445_31) and the section entitled “The Merger—Share Ownership of Directors, Executive Officers and Certain Beneficial Owners of Hess” on page 75 of Hess’ definitive proxy statement. To the extent that Hess’ directors and executive officers and their respective affiliates have acquired or disposed of security holdings since the applicable “as of” date disclosed in the definitive proxy statement for the transaction, such transactions have been or will be reflected on Statements of Change in Ownership on Form 4, Initial Statements of Beneficial ownership on Form 3, or amendments to beneficial ownership reports on Schedules 13G filed with the SEC. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240519753866/en/
- 05/20/2024
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Glass Lewis Recommends Hess Shareholders Vote For Proposed Merger With Chevron
- NEW YORK--(BUSINESS WIRE)--Glass Lewis Recommends Hess Shareholders Vote For Proposed Merger with Chevron.
- 05/20/2024
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Proxy adviser Glass Lewis urges Hess shareholders accept Chevron takeover offer
- Hess shareholders should vote in favor of Chevron Corp's $53 billion offer at the company's May 28 special meeting, proxy adviser Glass Lewis said on Thursday.
- 05/16/2024
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Hess Announces Regular Quarterly Dividend On Common Stock
- NEW YORK--(BUSINESS WIRE)--Hess Announces Regular Quarterly Dividend On Common Stock.
- 05/15/2024
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Merger Mayhem: FTC's Oil Sector Crackdown Puts These 3 Pending Deals at Risk
- ExxonMobil (NYSE: XOM ) recently completed its $60 billion acquisition of Pioneer Natural Resources. The deal expands the oil and gas giant's presence in the oil-rich Permian basin.
- 05/14/2024
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ISS recommends Hess shareholders abstain from voting for merger with Chevron
- Proxy advisory firm ISS recommended on Monday that Hess shareholders abstain from voting for Chevron's proposed $53 billion acquisition of Hess.
- 05/13/2024
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Chevron, Hess deal should be stopped, senate majority leader urges
- Chevron Corporation (NYSE:CVX, ETR:CHV)'s US$53 billion takeover of Hess Corp (NYSE:HES) should be stopped over fears gas prices could be hiked, senator Chuck Shumer has urged. Schumer, who serves as senate majority leader, took to social media X to dispute the merger, which would see Chevron gain a larger footprint in the US and a stake in the Guyana discoveries held by rival Exxon Mobil.
- 05/13/2024
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Why "Sell in May?" Instead, Buy These 5 Growth Stocks Now
- As the stock market continues to scale upward, it's prudent to invest in growth stocks such as Agnico Eagle Mines (AEM), Abercrombie & Fitch (ANF), Amazon (AMZN), Alphabet (GOOGL) and Hess (HES).
- 05/13/2024
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Schumer urges FTC to hit the brakes on $53 billion Chevron-Hess merger
- U.S Senate Majority Leader Chuck Schumer on Sunday urged the Federal Trade Commission to "pump the breaks" on Chevron Corp's proposed $53 billion acquisition of Hess Corp.
- 05/12/2024
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URGENT: The M&A Class Action Firm Encourages Shareholders of Hess Corp. to Take Action Before the Merger Vote on May 28, 2024 - HES
- NEW YORK , May 10, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Hess Corp. (NYSE: HES), relating to its proposed sale to Chevron Corp. Under the terms of the agreement, HES shareholders will receive 1.0250 shares of Chevron per share they own.
- 05/10/2024
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Investors Heavily Search Hess Corporation (HES): Here is What You Need to Know
- Zacks.com users have recently been watching Hess (HES) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 05/09/2024
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Hess contests claims of inadequate disclosures in Chevron deal
- Oil producer Hess on Tuesday said it disputes claims in several shareholder letters and at least two lawsuits alleging inadequate disclosures over its proposed sale to Chevron.
- 05/07/2024
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Exxon sees Hess arbitration dragging into 2025, CEO says
- U.S. energy major Exxon Mobil's arbitration case that could block Chevron's purchase of Hess will extend into 2025, Exxon CEO Darren Woods said in an interview on CNBC on Monday, ahead of a coming vote by Hess shareholders on the deal.
- 05/06/2024
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Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025
- Exxon claims right of first refusal on Hess' assets in Guyana under an agreement that governs a consortium developing the country's oil resources.
- 05/06/2024
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Hess (HES) is an Incredible Growth Stock: 3 Reasons Why
- Hess (HES) could produce exceptional returns because of its solid growth attributes.
- 05/02/2024
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Is Hess (HES) Outperforming Other Oils-Energy Stocks This Year?
- Here is how Hess (HES) and SM Energy (SM) have performed compared to their sector so far this year.
- 05/01/2024
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URGENT: The M&A Class Action Firm Encourages Shareholders of Hess Corp. to Take Action Before the Merger Vote on May 28, 2024 - HES
- NEW YORK , April 29, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Hess Corp. (NYSE: HES), relating to its proposed sale to Chevron Corp. Under the terms of the agreement, HES shareholders will receive 1.0250 shares of Chevron per share they own.
- 04/29/2024
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Surging Earnings Estimates Signal Upside for Hess (HES) Stock
- Hess (HES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 04/29/2024
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NOV Q1 Earnings Surpass Estimates, Revenues Increase Y/Y
- NOV expects consolidated revenues to grow in the mid-single percentage range, with adjusted EBITDA in the range of $1.10-$1.25 billion, for full year 2024.
- 04/29/2024
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Hess sets May 28 shareholder vote on Chevron buyout
- Hess Corp set May 28 for a special meeting of shareholders to vote on Chevron Corp 's $53 billion buyout offer, the company said in a securities filing on Friday.
- 04/26/2024
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Earnings for Big Oil backpaddle as natgas prices tumble
- U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago.
- 04/26/2024
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Meet the Industry-Leading Stock Billionaires Warren Buffett, Ken Griffin, Ken Fisher, and Steven Cohen Can't Stop Buying
- Quarterly-filed Form 13Fs allow investors to see what stocks Wall Street's brightest minds have been buying and selling. Four of Wall Street's most-successful billionaire asset managers have been piling into one brand-name company.
- 04/26/2024
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Hess (HES) Q1 Earnings Beat on Higher Production Volumes
- Higher oil equivalent production volumes, and increased oil and gas prices aid Hess' (HES) Q1 earnings.
- 04/25/2024
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Hess (HES) Q1 Earnings and Revenues Beat Estimates
- Hess (HES) came out with quarterly earnings of $3.16 per share, beating the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $1.13 per share a year ago.
- 04/25/2024
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6 Warren Buffett Stocks That Will Be Moving This Week
- Berkshire Hathaway (NYSE: BRK.B) is one of the last great conglomerates remaining in America.
- 04/24/2024
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XOM vs CVX: Which Energy Stock Shows Promise Ahead of Q1 Earnings?
- Considering the current uncertainty surrounding Chevron's (CVX) acquisition of Hess, we can say that ExxonMobil (XOM) is on a better footing than Chevron ahead of Q1 earnings.
- 04/24/2024
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4 Stocks Backed by High Efficiency to Increase Portfolio Returns
- Invest in stocks of MakeMyTrip Limited (MMYT), Allison Transmission Holdings (ALSN), Hess (HES) and BancFirst (BANF) to tap their high-efficiency levels.
- 04/23/2024
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Proposed Oil Mergers Will Improve Competition
- Under Chairperson Lina Khan, the Federal Trade Commission (FTC) has consistently used speculative consumer harms to justify regulatory actions. Unfortunately, these actions often stop mergers that would have improved consumer wellbeing and promoted greater innovation.
- 04/22/2024
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5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers Happen
- Want retirement to come a few years earlier than you'd planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
- 04/21/2024
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Top 5 S&P 500 Giants Set to Beat on Q1 Earnings Next Week
- We have narrowed our search to five S&P 500 bigwigs that are poised to beat on earnings results next week. These are: META, GM, URI, HES, VLO.
- 04/19/2024
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Is a Beat in Store for Hess (HES) This Earnings Season?
- Favorable commodity prices and production are likely to have aided Hess' (HES) Q1 earnings.
- 04/19/2024
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Why Hess (HES) is Poised to Beat Earnings Estimates Again
- Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/18/2024
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Why I Just Bought More of This Top Oil Stock
- Chevron's low-cost business model positions it to thrive at lower oil prices. It can produce an even bigger cash-flow gusher at higher prices.
- 04/18/2024
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3 Reasons Why Growth Investors Shouldn't Overlook Hess (HES)
- Hess (HES) could produce exceptional returns because of its solid growth attributes.
- 04/16/2024
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6 Ultimate Dividend Stocks for Long-Term Passive Income Growth
- Sponsored: Find a Qualified Financial Advisor Finding a qualified financial advisor doesn't have to be hard.
- 04/14/2024
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Hess Corporation And An Acquisition That Might Not Close
- Hess Corporation And An Acquisition That Might Not Close
- 04/14/2024
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5 Trends You Need to Know This Quarter
- The global financial markets are like a machine, and each asset class acts as a cog that twists and turns each cycle. Today, there are a few key trends that investors should be aware of before the quarter ends to help them consider the best themes for growing their wealth.
- 04/13/2024
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Hess says aiming to resolve Guyana arbitration claims by 2024 end
- An Exxon Mobil arbitration case that could block the sale of one of its Guyana partners, Hess Corp, to Chevron could drag on until year-end, Hess said in a U.S. securities filing on Friday.
- 04/12/2024
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Exxon Mobil and Hess get greenlight add another field in Guyana
- Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Hess Corp (NYSE:HES) are now moving forward with the next leg of its giant oilfield development offshore Guyana. The Whiptail project, which today received approval from the Guyana government, promises to unlock another 250,000 barrels of oil per day by the end of 2027.
- 04/12/2024
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Hess Schedules Earnings Release Date
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
- 04/04/2024
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Oil Is Exploding Higher and 5 Blue Chip Dividend Integrated Giants Are Cheap
- Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored) Take the quiz below to get matched with a financial advisor today.
- 04/03/2024
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Hess board recommends shareholders vote in favor of Chevron merger -filing
- Hess Corp on Thursday said in a securities filing that its board unanimously recommended shareholders vote in favor of the company's sale to Chevron Corp.
- 03/28/2024
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Stock Market Looking Dangerous – 6 Safe Large Cap Dividend Blue Chips
- ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.
- 03/25/2024
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Merger Mania Hits the U.S. Energy Landscape, Reshaping the Future
- The flurry of megamergers within the U.S. oil sector, ranging from Chevron-Hess to Exxon-Pioneer, is fueling the transformation of the U.S. energy landscape.
- 03/22/2024
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China's CNOOC files arbitration over Hess stake in Guyana oil block
- Chinese offshore oil and gas major CNOOC , said it had filed an arbitration claim to establish a right over Hess' stake in the giant Guyana oilfield Stabroek in the event of the U.S. firm's sale to Chevron.
- 03/22/2024
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3 Stocks to Watch on Oil Companies' Rush to Drill Land
- Three significant merger deals are providing incentives for investors to monitor companies such as Diamondback Energy (FANG), ExxonMobil (XOM) and Chevron (CVX).
- 03/20/2024
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Exxon is not trying to acquire Hess in dispute with Chevron over Guyana oil assets, CEO says
- When asked directly, Darren Woods said acquiring Hess is not one of Exxon's objectives in the dispute with Chevron.
- 03/18/2024
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CERAWEEK Exxon Mobil CEO says not trying to acquire Hess
- Exxon Mobil CEO Darren Woods on Monday said his company is trying to secure preemption rights over Hess Corp 's Guyana assets in its dispute with Chevron, not buy the company itself.
- 03/18/2024
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Oil Prices Up Again, Should You Buy This Time?
- Oil is – and has always been – the primary driver in energy stocks. When prices swing as aggressively as they are about to, investors tend to position themselves with more than clear expectations.
- 03/18/2024
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March's 5 Dividend Growth Stocks With 5.48%+ Yields
- Every month, we look at companies that are delivering not only a solid dividend yield but also showing a trend of growing dividends. One of my main goals for investing is to generate my own growing cash flows passively over time through dividend payers. The dividend stocks that showed up in the screening that we'll be touching on today include Altria, Hess Midstream, 3M, Philip Morris, and NNN REIT.
- 03/17/2024
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6 Blue Chip Dividend Stocks to Buy in March
- The company's core business is leasing space on its wireless towers, primarily to wireless carriers, government agencies, and broadband data providers.
- 03/12/2024
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Looking To Start Earning Passive Income in March? Here Are 6 Top Dividend Stocks
- Are you ready for retirement? Planning for retirement can be overwhelming, that's why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
- 03/11/2024
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6 Of Goldman Sachs Top 2024 Stock Picks Also Pay Big Dividends
- This leading company has rallied big off the 2023 lows, pays a fat 5.18% dividend, and looks ready to break out.
- 03/08/2024
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Are These 5 Undervalued Stocks Ready to Break Out?
- Albemarle Corp. NYSE: ALB, Ionis Pharmaceuticals Inc. NASDAQ: IONS, Insulet Corp. NASDAQ: PODD, Hess Corp. NYSE: HES and Wynn Resorts Ltd. NASDAQ: WYNN are among undervalued stocks that beat analysts earnings views.
- 03/08/2024
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Insight: Chevron's CEO faces challenges of a lifetime with Hess bid
- Chevron CEO Michael Wirth is facing a head-to-head match with Exxon Mobil with his $53 billion bid for Hess and its stake in oil hotspot Guyana, and could wind up trapped in a dispute between two of South America's biggest energy rivals.
- 03/08/2024
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Hess reviews timeline for Chevron deal closing after Exxon escalates Guyana dispute
- Exxon filed for arbitration to defend what the oil major views as its right to make a counter offer for Hess' Guyana assets under a joint operating agreement.
- 03/07/2024
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Hess' (HES) Guyana Oil Assets Spark Major Energy Sector Dispute
- As the battle unfolds, Hess (HES) stands to pay a significant break-up fee of $1.7 billion to Chevron if the deal collapses.
- 03/07/2024
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Hess says reviewing timeline for closing of Chevron deal
- U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron , after oil major Exxon Mobil signaled a potential counter offer for Hess's Guyana assets.
- 03/07/2024
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Chevron's $53 Billion Deal to Acquire Hess Under Renewed Pressure From Exxon
- Exxon Senior Vice President Neil Chapman told a Morgan Stanley conference on Wednesday, that the company has filed arbitration with the International Chamber of Commerce.
- 03/07/2024
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Exxon could make a bid for Hess' oil assets in Guyana if Chevron deal terminates
- Exxon filed for arbitration at the International Chamber of Commerce in Paris Wednesday to adjudicate the dispute with Chevron over Hess' Guyana assets.
- 03/06/2024
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Exxon signals potential counter offer for Hess's Guyana assets
- Exxon Mobil Corp on Wednesday said it filed a contract arbitration disputing Hess Corp's proposed sale of its Guyana oil properties, and suggested it may counter Chevron Corp's pending deal for the assets.
- 03/06/2024
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3 Stocks to Watch on Oil's New Bull Cycle
- Oil has seen little to no attention in the past 12 to 24 months. Most of the market's focus has gone into technology stocks, with names like NVIDIA NASDAQ: NVDA breaking past its all-time high multiple times on explosive financials and hype surrounding artificial intelligence as it is being adopted by more and more industries today.
- 03/04/2024
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ExxonMobil Protecting Its Contractual Rights In Dust-Up Over Hess
- Chevron announced its acquisition of Hess HES five months ago. Now, Chevron CVX announces that the deal may fall apart because the crown jewel of Hess' properties, its minority stake in an offshore Guyana play, may be subject to “right of first refusal” restrictions owned under the contract by ExxonMobil XOM and CNOOC, the China National Offshore Co. Did that slip through during due diligence?
- 02/29/2024
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The 6 Highest Yielding Warren Buffet Stocks Have Serious Upside Potential
- Led by Coca-Cola, one of the world's most valuable and recognizable brands, the Company's portfolio features 20 billion-dollar brands, including: Diet Coke Fanta Sprite Coca-Cola Zero Vitaminwater Powerade Minute Maid Simply Georgia Del Valle Globally, they are the No.
- 02/29/2024
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Exxon's curveball move in Guyana alters Chevron-Hess deal prospects
- Exxon Mobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country.
- 02/28/2024
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Hess says pre-emption provision doesn't apply to buyout deal with Chevron
- Hess said on Tuesday that a pre-emption provision does not apply to its proposed $53-billion buyout by Chevron and it remains "fully committed" to the deal.
- 02/27/2024
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Occidental Petroleum CEO talks the CrownRock deal, Chevron and Hess and natural gas prices
- Vicki Hollub, Occidental Petroleum CEO, joins 'Closing Bell' to discuss the company, the CrownRock deal and Chevron and Hess deal and consolidation.
- 02/27/2024
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Chevron-Hess deal in Jeopardy?
- The Investment Committee debate whether the deal goes through with a possible challenge from Exxon.
- 02/27/2024
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Chevron Says Its $53B Purchase of Hess Could Be Jeopardized by Oil Field Agreement
- Chevron (CVX) shares fell 2% in intraday trading Tuesday after the energy giant warned its planned $53 billion purchase of Hess (HES) could be jeopardized by a challenge from ExxonMobil (XOM) and China National Offshore Oil Corporation (CNOOC).
- 02/27/2024
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Hess shares drop as fight with Exxon Mobil over Guyana oil threatens Chevron takeover
- Chevron warned investors that Exxon and Cnooc are claiming a right to purchase Hess's stake in Guyana's offshore oil assets under a joint operating agreement.
- 02/27/2024
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Is Chevron's $53 Billion Buyout Of Hess In Trouble?
- A story published at the Wall Street Journal late Monday characterizes Chevron's CVX proposed $53 billion buyout of Houston-based Hess HES Corp. as being “in jeopardy” related to Hess's 30 percent ownership in the prolific Stabroek Block development offshore Guyana. The massive Stabroek oil and natural gas resource is under development by a consortium operated by ExxonMobil XOM in which Hess is a partner along with Chinese oil company CNOOC.
- 02/27/2024
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Chevron Warns $53 Billion Hess Deal May Be at Risk After Exxon Challenge
- If the deal falls through, it would be a setback to Chevron, which has recently underperformed rivals and was hoping to get a boost from Hess's 30% stake in the offshore project in South America.
- 02/27/2024
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Chevron, Exxon in dispute over Hess stake in Guyana oil block
- Chevron Corp on Monday said it is in talks with Exxon Mobil Corp and China's CNOOC over whether the two have a right of first refusal to acquire Hess Corp.'s stake in the Stabroek oil block in Guyana.
- 02/26/2024
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Wall Street's Top Investment Bank Loves 5 Big Dividend Stocks in 2024
- The company primarily invests in: Regional malls Premium outlets Mills Community/lifestyle centers Through its subsidiary partnership, it owns or has an interest in about 230 properties in the US and Asia.
- 02/24/2024
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5 Safe Dividend Aristocrats To Buy Now – Huge Wall Street Sell-Off Could Be Coming
- Top financial advisors are now accepting new clients for 2024! Finding the right advisor can be the difference between retiring early, or working forever.
- 02/21/2024
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Warren Buffett Just Bought This Beaten-Down High-Yield Dividend Stock. Should You?
- Buffett is making a big bet on Big Oil. Berkshire Hathaway's fifth-largest holding is attractively valued and could benefit if oil prices move higher.
- 02/21/2024
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5 Warren Buffett Approved Dividend Stocks
- Finding a good financial advisor today may be the key to a richer tomorrow. With bonds yielding 5% (or more!
- 02/12/2024
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5 Wall Street Top Stock Picks for 2024 That Pay Huge Dividends
- How to Retire Early With Dividends (sponsored) Finding a good financial advisor today may be the key to a richer tomorrow.
- 02/10/2024
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This semiconductor stock could be the best value for your money
- Big oil companies like Hess NYSE: HES and the classics such as Chevron NYSE: CVX and even Exxon Mobil NYSE: XOM are raking in big profits lately. It goes to show just how excited the market has become over other areas of the economy, like semiconductor and technology stocks, which is where all the growth came to focus for the future pricing of stocks.
- 02/05/2024
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3 cheap utility stocks that shouldn't be so
- Everyone is worrying about the rising effects of the Red Sea conflict. Most investors will likely see success in following the pop in oil prices through stocks like Hess NYSE: HES for reasons you can see here.
- 02/05/2024
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Hess Offers Cheap Way to Buy Chevron Due to Venezuela Worries
- Hess stock trades at a roughly 7% discount to the current value of Chevron's all-stock offer for the energy company.
- 02/01/2024
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Hess (HES) Q4 Earnings Surpass Estimates, Revenues Fall Y/Y
- Higher oil equivalent production volumes aid Hess' (HES) Q4 earnings.
- 01/31/2024
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Hess (HES) Tops Q4 Earnings and Revenue Estimates
- Hess (HES) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.78 per share a year ago.
- 01/31/2024
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Oil producer Hess beats fourth-quarter profit estimates
- Oil and gas firm Hess beat Wall Street estimates for fourth-quarter profit on Wednesday, buoyed by higher production in Bakken shale and Guyana.
- 01/31/2024
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3 defense stocks that could soar on new contracts
- The whole world has turned its attention to the escalating conflicts in the Red Sea involving United States and United Kingdom military personnel. While the media may underplay the significance of this issue, you may worry about its current positioning, as you can always make money in special situations like this one.
- 01/30/2024
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Hess stock to see 96% growth in EPS
- The markets may have just ended their super cycle for the past four years (2020-2024), sponsored by low-interest rate environments pushed by the FED to counteract the effects of the COVID-19 pandemic. After inflation ran wild and the FED hiked rates to levels not seen in decades, it could be time for the cycle to start again.
- 01/29/2024
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How Guyana's big oil boom turned it into the world's fastest-growing economy
- The 2015 oil discovery led Guyana to become the world's fastest-growing economy, recording the world's highest real GDP growth rate in 2022 and 2023.
- 01/27/2024
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Analysts Estimate Hess (HES) to Report a Decline in Earnings: What to Look Out for
- Hess (HES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/24/2024
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Hess Schedules Earnings Release Date
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
- 01/11/2024
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2 Energy Biggies With Solid Free Cashflow Conversion to Watch
- While having strong earnings potential is noteworthy, what holds paramount importance for ExxonMobil (XOM) and Chevron (CVX) is their proficiency in free cash flow conversions.
- 01/11/2024
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Why I Am Selling Medical Properties Trust And Hess Midstream To Buy W. P. Carey
- I am adjusting my portfolio to reduce risk and am considering investing in W. P. Carey. WPC experienced a stock price rebound after a spinoff and dividend cut, and I believe the company will recover. I am cautious about Hess Midstream and Medical Properties Trust due to uncertainties and financial issues.
- 01/08/2024
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Revealed: Warren Buffett's stock portfolio performance in 2023
- With 2023 about to conclude and the new year just around the corner, it is time to take a closer look at the most prominent figures in the stock market and how the stocks in the portfolio of one of the world's foremost stock investors, Warren Buffett, fared in 2023.
- 12/28/2023
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How To Earn $500 A Month From Chevron Stock Ahead Of Hess Deal Closing - Chevron (NYSE:CVX)
- Chevron Corporation CVX shares closed slightly higher on Thursday despite a decline in crude oil prices.
- 12/22/2023
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Oil companies offer $382 million for drilling rights in Gulf of Mexico in last offshore sale before 2025
- WASHINGTON — Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration's plans to scale back the sale to protect an endangered whale species.
- 12/20/2023
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Don't hesitate to trade Hess well below Chevron's buyout price
- Shares of the U.S. oil and gas producer fell nearly 5% to $134.50 last week even as the S&P 500 rose for the sixth straight week. The downturn is significant because it puts Hess more than 20% below Chevron's initial acquisition price of $171.00.
- 12/12/2023
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3 Crude Oil Stocks To Buy Now
- Crude oil prices have been in a downturn, down 27% from recent highs, but technical indicators suggest the bottom may be near. The US may soon replenish its strategic oil reserves, providing support for oil prices. Geopolitical threats and a potential shift in the Fed's monetary stance could also contribute to higher oil prices in the future.
- 12/10/2023
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Warren Buffett Invested $20 Billion of His Portfolio in 2 Stocks That Could Soar 20% or More Over the Next 12 Months, According to Wall Street
- The average Wall Street Analyst following Chevron thinks it can rise 25% over the next 12 months. The consensus price target on Amazon suggests it can deliver a 20% gain in the year ahead.
- 11/27/2023
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Why Are Oil Stocks Down Today?
- Oil stocks are in the red today on news that the Organization of the Petroleum Exporting Countries (OPEC+) producers have been forced to delay a meeting on production cuts, with some pointing to potential global crude supply issues. The OPEC+ summit has been moved to Nov. 30, from its previous Nov. 25-26 timeline.
- 11/22/2023
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Chevron takeover of Hess resurrects multi-billion dollar tax shield
- Chevron's deal to buy Hess will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess's past losses to cut future payments, according to the company and tax experts.
- 11/14/2023
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Why I Finally Added This Elite Dividend Stock to My Portfolio
- Chevron has increased its dividend for 36 straight years. Its payout is on a very firm foundation.
- 11/10/2023
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Five potential takeover targets in the oil industry, following deals by Exxon Mobil and Chevron
- This could be a good time for investors to pour money into stocks of companies involved in the production of oil and natural gas. And the best reason for that may have nothing to do with military conflict.
- 11/06/2023
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Buy Chevron Stock. It's Been Punished Enough for Earnings, Hess Deal.
- The oil titan has disappointed investors, but shares look attractive after the recent selloff.
- 11/03/2023
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Which Oil Stock Could Deliver the Most Attractive Returns?
- Oil stocks are back in focus, with the ongoing Israel-Hamas war pushing oil prices higher on fears of a wider conflict in the Middle East that could disrupt supplies. Further, the recently announced mega deals in the sector have gained investors' attention.
- 10/31/2023
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Chevron-Hess deal may lift Bakken oil output, but no return to boom days
- Chevron's deal announced last week to buy Hess , one of the largest operators in the Bakken shale play in North Dakota, could raise oil output there marginally but analysts do not expect a return to its peak pre-pandemic boom days.
- 10/30/2023
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A Bet on Long-Term Oil Demand: Chevron and Exxon Mobil Commence Dealmaking Arms Race
- Exxon Mobil XOM and Chevron CVX reported quarterly earnings Friday morning, and both companies missed quarterly earnings expectations. The energy giants saw EPS drop more than -40% YoY, in stark contrast to last year's banner performance.
- 10/27/2023
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This money manager has been predicting oil deals since 2019. Here's what he sees happening after Chevron's Hess buy.
- In 2020, energy fund manager Danilo Onorino forecast mergers would come for an industry struggling to survive pandemic fallout. It took a few years, but these days those tie-ups are all about “opportunistic bolt-on acquisitions.
- 10/27/2023
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U.S. Oil & Gas Is A Good Bet - Jennifer Warren
- U.S. oil and gas production is seen as a safe bet and a positive amid geopolitical conflicts and market volatility. Energy production globally is a source of economic development.
- 10/26/2023
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U.S. is set to play tug of war with OPEC+ for oil market share as Middle East hostilities warrant output boost
- Oil production cuts this year by the Organization of the Petroleum Exporting Countries and their allies have given the U.S. the price incentive it needed to lift domestic output to its highest level on record, and maybe even helped fuel the recent mergers among the big oil companies.
- 10/25/2023
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Hess (HES) Beats on Q3 Earnings, Raises '23 Production Outlook
- Higher oil equivalent production volumes aid Hess' (HES) earnings in Q3.
- 10/25/2023
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Chevron takeover-target Hess results comfortably beat expectations
- Chevron's (NYSE:CVX) $53 billion takeover deal, announced Monday, somewhat stole the thunder from today's earnings release at Hess Corp (NYSE:HES), nevertheless, third-quarter financial results confirm that the takeover target is in rude health. On daily net production of 395,000 barrels oil equivalent per day, versus 351,000 barrels this time last year, Hess generated $504 million ($1.67 per share) of net income for the three-month period with revenue reported at $2.84 billion.
- 10/25/2023
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Chevron target Hess beats quarterly profit estimates on production boost
- Oil and gas producer Hess Corp on Wednesday beat Wall Street estimates for third-quarter profit on higher production, days after agreeing to be bought by larger U.S. rival Chevron Corp for $53 billion.
- 10/25/2023
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Chevron Acquisition: Oil Giant Buys Hess For $53bn In All-Stock Deal
- It's official: Chevron is looking to keep up with Exxon after announcing its deal to buy Hess for $53 billion.
- 10/24/2023
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Chevron Buyout Of Hess Highlights Renewed Focus On Production Growth
- This month's big merger deals announced by Chevron and ExxonMobil seem to be just the beginning of a consolidation wave in the oil patch.
- 10/24/2023
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Chevron Bolsters Portfolio, Snapping Up Hess in $53 Billion Deal
- Shares of Chevron Corp. NYSE: CVX gapped down hard on October 23 after saying it would buy fellow S&P 500 component Hess Corp. NYSE: HES in an all-stock deal valued at $53 billion.
- 10/24/2023
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ConocoPhilips Could Be the Next Big Oil Acquirer After Chevron-Hess Deal
- ConocoPhilips could be the next U.S. energy company looking to make a big purchase, according to KeyBanc analysts. Here are the potential targets.
- 10/24/2023
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There are too many public oil and gas companies relative to investor interest, says Mark Viviano
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 10/23/2023
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S&P 500 Gains and Losses Today: Chevron and Hess Shares Fall Following $53B Deal
- U.S. equities came back from early losses to end Monday mixed after a jump in bond yields sent stocks sinking earlier in the session.
- 10/23/2023
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Chevron buys Hess: Where the next energy deal may come from
- Just weeks after Exxon Mobil (XOM) announced it was buying Pioneer Natural Resources (PXD), Chevron (CVX) has announced it is buying Hess (HES) in a $53 billion all-stock deal. Enverus Intelligence Director Andrew Dittmar doesn't expect any more megadeals, but there could still be more consolidation in the industry.
- 10/23/2023
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Hess Cancels Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)--Hess Cancels Earnings Release Conference Call.
- 10/23/2023
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Chevron-Hess or Exxon-Pioneer: Who got the better deal?
- Neal Dingmann, managing director of energy research at Truist, joins 'Power Lunch' to discuss oil consolidation, geo-political risk surrounding oil prices, and more.
- 10/23/2023
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Hess Corporation Buyout: Chevron Is Going For The Gold
- Chevron makes an offer for Hess, indicating strong interest in the profitable Guyana project. Chevron's entrance into the Guyana partnership suggests a higher value than previously seen. The recent acquisitions by CVX and other insiders indicate better times for the industry and a buyers' market.
- 10/23/2023
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Chevron and Hess CEOs on Why Their Merger Is a 'Win-Win'
- Chevron Corp. CEO Mike Wirth and Hess Corp. CEO John Hess discuss why the companies decided to combine in a $53 billion deal. Chevron will pay $171 per share for Hess, a premium of about 10% to the 20-day average price, according to a statement from the companies.
- 10/23/2023
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Busy Week for Q3, Economic Reports Starts Slowly
- Off mid-October highs, all major indices are down roughly -0.4%: the Dow -160 points, the S&P 500 -17 and the Nasdaq -57.
- 10/23/2023
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Inversion of Yield Curve Tight at 14 bps
- Inversion of Yield Curve Tight at 14 bps.
- 10/23/2023
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Guyana is the best asset in global oil, says top energy analyst Paul Sankey
- Paul Sankey, lead analyst at Sankey Research, joins 'Squawk on the Street' to discuss his thoughts on the recent deal between Chevron and Hess, why he didn't think Chevron could acquire Hess, and more.
- 10/23/2023
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Chevron Deal Makes Billionaire Hess Family Even Richer
- John Hess exits company founded by his father.
- 10/23/2023
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Chevron to buy Hess Corp for $53 billion
- Hess Corp (NYSE: HES) opened in the green today after Chevron Corporation (NYSE: CVX) said it will buy the energy company for $53 billion. Chevron values Hess Corp at $171 a share The all-stock agreement announced this morning values each share of Hess Corp at $171 – about a 5.0% premium on their previous close.
- 10/23/2023
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HES Stock Alert: Chevron Just Bought Hess for $53 Billion
- One of today's trending stories involves oil giant Chevron (NYSE: CVX ). Specifically, the oil company is buying oil producer Hess (NYSE: HES ) for $53 billion.
- 10/23/2023
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Hess CEO John Hess on Chevron deal: Strategic combination creates the premier oil and gas company
- Chevron chairman and CEO Mike Wirth and Hess Corp. CEO John Hess join 'Squawk on the Street' to discuss Chevron's deal to buy Hess for $53 billion in stock, the second proposed mega-merger among the biggest U.S. oil players after Exxon Mobil bid $60 billion for Pioneer Natural Resources earlier this month.
- 10/23/2023
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Chevron Buys Hess for $53 Billion in an All-Stock Deal
- Chevron (CVX) agreed to buy Hess (HES) for $53 billion in an all-stock deal, in the latest blockbuster oil agreement amid broader industry consolidation.
- 10/23/2023
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Chevron Buying Hess For $53 Billion In Latest Major Oil Deal
- Chief executive John Hess said the deal adds oil fields in Guyana, including more than 11 billion barrels of oil equivalent.
- 10/23/2023
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The 2 Monday Mergers to Watch on Wall Street
- Mergers often happen over the weekend. Chevron and Hess announced plans to merge, following on the heels of ExxonMobil's acquisition of Pioneer Natural Resources.
- 10/23/2023
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Chevron Buys Hess As The U.S. Oil Merger Train Gains Steam
- Chevron said it is buying Houston-based Hess in the second U.S. upstream mega-deal in just two weeks.
- 10/23/2023
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Chevron to buy Hess Corp for $53 billion in all-stock deal
- CNBC's Becky Quick reports on the latest news.
- 10/23/2023
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Oil stocks see broad selloff as Chevron's buyout of Hess fails to fuel buying
- Shares of energy companies traded broadly lower in premarket trading Monday, as the Chevron Corp.'s $53 billion stock deal to buy Hess Corp. appeared to do more harm than good for the sector. The Energy Select Sector SPDR ETF XLE, -1.68% dropped 0.9%, with 20 of the 22 equity components that have traded ahead of the open losing ground.
- 10/23/2023
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VIEW Chevron to buy Hess Corp for $53 bln in all-stock deal
- Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and oil-rich Guyana.
- 10/23/2023
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Chevron to acquire Hess in $53 billion deal
- Chevron Corporation is acquiring rival Hess Corporation in a $53-billion all-stock transaction that it says will upgrade and diversify its portfolio.
- 10/23/2023
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Morgan Stanley's Wilson: Next rally attempt will fail as investors are punishing earnings reports.
- Third-quarter earnings season has only just begun and Morgan Stanley's pessimistic market strategist Mike Wilson is already labelling it a disappointment.
- 10/23/2023
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Chevron plans higher dividends after buying Hess for $53 billion
- Chevron Corp plans to reward shareholders with further buybacks and higher dividends after unveiling the $53 billion acquisition of Hess. The all-stock deal values each Hess share at $171 per share based and including debt, the enterprise value of the deal amounts to $60 billion.
- 10/23/2023
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Hess stock climbs on $53 billion Chevron deal and other movers
- Hess Corp. stock HES, -1.84% rose 3% to $167.48 after Chevron said it would buy the company for $53 billion, or $171 per share, in stock. Chevron stock CVX, -1.34% fell by 2%.
- 10/23/2023
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Chevron to acquire Hess Corp. in $53 billion all-share deal
- Chevron Corporation CVX, -1.34% said Monday that it's reached a deal to buy Hess Corp. HES, -1.84% in an all-stock deal valued at $53 billion, or $171 per share, in stock. Chevron called Hess's Stabroek block in Guyana an “extraordinary asset,” and said Hess's Bakke assets add another U.S. shale position to Chevron, and that the combined company will grow production and free cash flow faster than Chevron's current five-year guidance.
- 10/23/2023
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Chevron to Buy Hess in $60 Billion Deal. Oil Mergers Are Surging.
- Chevron agrees to buy fellow oil company Hess in a deal valued at $60 billion, including debt.
- 10/23/2023
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Chevron to buy Hess Corp for $53 bln in stock
- Chevron Corp said on Monday it will acquire Hess Corp in a $53-billion all-stock deal.
- 10/23/2023
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Earnings Estimates Moving Higher for Hess (HES): Time to Buy?
- Hess (HES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 10/19/2023
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Is a Beat in Store for Hess Corporation (HES) in Q3 Earnings?
- Favorable commodity prices and production are likely to have aided Hess' (HES) upstream activities in Q3.
- 10/19/2023
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Earnings Season: 3 Companies That Could Positively Surprise
- With earnings season kicking into high gear this week, there are sure to be plenty of surprises lurking beneath. The big banks' results were primarily positive, helping us start the cycle on the right foot.
- 10/17/2023
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What Makes Hess (HES) a Strong Momentum Stock: Buy Now?
- Does Hess (HES) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 10/16/2023
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Hess (HES) Upgraded to Buy: Here's What You Should Know
- Hess (HES) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 10/09/2023
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Hess Schedules Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Conference Call.
- 10/05/2023
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Hess Midstream Looks Well Positioned For 2024
- Hess Midstream's Q2 EBITDA did not reflect how strong its underlying growth really was. The company looks poised to see solid growth over the next couple of years. The stock trades at a slight premium to its peers but offers a nice mix of safety and growth, making it a "Buy."
- 10/04/2023
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Exxon, Hess exit Kaieteur offshore oil exploration block in Guyana
- U.S. oil producers Exxon Mobil and Hess Corp have withdrawn from exploring the offshore Kaieteur block in Guyana's ultra-deep waters, Exxon said on Thursday, after disappointing exploration results.
- 09/28/2023
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Hess Midstream: Best In Class With A Reliable Dividend
- Hess Midstream operates in the midstream industry, providing services to Hess Corporation and generating reliable and sustainable free cash flow. HESM has a high dividend yield of over 8% and expects 10% FCF growth each year until 2025, supporting further dividend raises. HESM has outperformed the XLE and has a declining price-to-earnings ratio, making it an appealing investment with reliable earnings potential.
- 09/27/2023
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Oil spikes above $91 on supply concerns
- The price of WTI and Brent crude continues to rise as Wall Street traders eye a deeper supply deficits in the fourth quarter after Saudi Arabia and Russia extended supply cuts.
- 09/18/2023
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Final Trades: Uber, Hess & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/08/2023
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3 Integrated US Energy Stocks Set to Escape Industry Weakness
- Extreme volatility in oil and gas prices, and high input price in refining activities are making the outlook for the Zacks Oil & Gas US Integrated industry gloomy. ConocoPhillips (COP), Occidental (OXY) and Hess (HES) are likely to survive the business challenges.
- 09/05/2023
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Top 7 Oil Stocks to Grab as Brent Crude Skyrockets Into 2024
- Now might be a great time to look for the best oil stocks to buy. Expectations of rising Brent crude oil prices for the remainder of 2023 continuing into 2024 are making the search for oil stocks to buy worthwhile again.
- 09/04/2023
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Better High Yield Buy: Enbridge Stock Or Hess Midstream Stock
- ENB and HESM offer attractive dividend yields. Both have very stable cash flow profiles with low commodity risk. We compare them side by side and share our view on which is the better buy.
- 08/31/2023
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Hess Midstream: An 8.3% Dividend Yield Is A Gift For Value Investors
- Hess Midstream has demonstrated stellar financial performance over the past decade with wide profitability metrics. The stock currently offers investors an 8.3% forward dividend yield, which I consider safe. My valuation analysis suggests the stock is massively undervalued.
- 08/26/2023
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Keep a Close Watch on These 3 Bakken Stocks: Here's Why
- Favorable oil price is backing modestly higher production volumes in Bakken. Companies that are well-poised to gain are Hess (HES), Marathon Oil (MRO) and ConocoPhillips (COP).
- 08/18/2023
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There is still runway for the energy sector breakout, says Oppenheimer's Ari Wald
- Ari Wald, managing director and head of technical analysis at Oppenheimer, joins 'The Exchange' to discuss the breakout in the energy sector, tips for locating what stocks are driving the structural shift in the market, and the case for Marathon Petroleum.
- 08/14/2023
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Hess (HES) Reports Q2 Earnings: What Key Metrics Have to Say
- The headline numbers for Hess (HES) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 07/26/2023
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Hess (HES) Tops on Q2 Earnings, Raises '23 Production Outlook
- Higher oil-equivalent production volumes aid Hess' (HES) earnings in Q2.
- 07/26/2023
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Hess (HES) Beats Q2 Earnings Estimates
- Hess (HES) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $2.15 per share a year ago.
- 07/26/2023
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Oil producer Hess beats profit estimates as production jumps
- Oil and gas producer Hess Corp on Wednesday beat Wall Street estimates for second-quarter profit, buoyed by higher production and disclosed a new oil discovery in the Gulf of Mexico.
- 07/26/2023
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Final Trades: Hess, Pioneer Natural & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 07/24/2023
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Factors Likely to Have Influenced Hess' (HES) Earnings in Q2
- Lower commodity prices are expected to have affected Hess' (HES) performance in Q2.
- 07/20/2023
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Here's Why You Should Hold on to Hess (HES) Stock for Now
- Hess (HES) expects the cash flow to increase 25% annually over the next five years, with the crude oil price at $75 per barrel.
- 06/30/2023
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Hess Schedules Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Conference Call.
- 06/30/2023
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Oil & Gas Stock Flashing Surefire Bull Signal
- Exploration and production (E&P) stock Hess Corp (NYSE:HESS) is on the rise today, as oil-related stocks get a boost from political turmoil in Russia.
- 06/26/2023
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Hess (HES) Projects 25% Rise in Cash Flow in Next 5 Years
- Hess (HES) intends to distribute 75% of its free cash flow to shareholders via dividends and share repurchases, owing to an expected increase in cash flow over the next five years.
- 06/23/2023
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Hess Midstream: Growing Value Through Dividend Increases And Share Repurchases
- Today's comments by John Hess at an investor conference support Hess Midstream LP's long-term prospects. Hess Midstream has executed superbly since coming public; we expect that to continue. The company has a conservative dividend that is likely to grow and trades at a 7.6% yield.
- 06/22/2023
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Hess expects cash flow to rise 25% per year for the next five years - CEO
- U.S. oil producer Hess Corp. forecasts a 25% per year increase in cash flow for the next five years with oil remaining about $75 per barrel, Chief Executive John Hess told an investor conference on Thursday.
- 06/22/2023
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These 3 Bakken Stocks are Well Poised to Gain: Here's Why
- Favorable oil price is backing modestly higher production volumes in Bakken. Companies that are thus well poised to gain are Hess (HES), Marathon Oil (MRO) and ConocoPhillips (COP).
- 06/16/2023
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4 Integrated US Oil Stocks Set to Escape Industry Weakness
- From upstream activities to refining, prospects for companies are not at all rosy now, dampening the outlook for the Zacks Oil & Gas US Integrated industry. COP, HES, WHD and PHX will likely survive the business challenges.
- 06/14/2023
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Nvidia, Hess valuations have 'gotten ahead' of themselves: Analyst
- The AI rally behind tech stocks is pushing Nvidia shares higher, but is it too much, too soon for the chipmaker? Morningstar Chief U.S. Market Strategist David Sekera joins Yahoo Finance Live to discuss which companies may be overvalued.
- 06/09/2023
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Hess Midstream Offers Both Safety And An Increasing Dividend
- Hess Midstream offers investors a mix of safety and income, with a strong balance sheet profile and downside-protected contracts. The company has a free cash flow yield of about 10% based on 2023 projections and pays out a dividend yield of around 8.4%. HESM is expected to see solid growth as its parent re-ramps activity in the Bakken.
- 06/02/2023
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Hess Corporation: Tough Headwinds On The Horizon
- Hess Corporation quarterly revenues were $2,453 million, up from $2,371 million last year. Hess Corporation produced 374K net Boep/d in 1Q23. It was up from 297K Boep/d the same quarter a year ago. The company declared a quarterly dividend of $0.4375 per share this quarter, or an increase of 17% sequentially.
- 05/31/2023
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7 Overvalued Energy Stocks to Sell Before June 2023
- It may be time to sell some of the top energy stocks, especially as they become overvalued. Sure, according to the International Energy Agency, rising post-Covid demand from China, coupled with tight supply, suggests that a crude oil rebound is possible later this year.
- 05/22/2023
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Natural Gas Demand Is Booming: 2 Great Yields To Buy
- Natural gas has been an unexpected beneficiary of the green revolution. This should result in a boom in demand for Natural Gas as a multi-year trend.
- 05/17/2023
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Here's how to play oil-industry stocks for long-term growth of 20% or more
- Oil demand is likely to hold up longer than many people expect during the anticipated transition to electric vehicles. And changes in the industry point to oilfield services companies as good long-term growth investments as offshore production ramps up.
- 05/08/2023
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Hess Midstream: When Not A Bargain Is A Good Thing
- Hess Midstream business keeps growing, so the stock is almost never in bargain territory. The company periodically purchases noncontrolling interests (usually) to reduce the total outstanding shares.
- 05/05/2023
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Before Buying Devon Energy, Check Out This Higher-Growth Oil Stock
- Devon could be growth-challenged in the future and its dividend is likely to fall. Hess is poised for rapid cash flow growth.
- 04/30/2023
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ExxonMobil, Hess Announcements Add To Guyana's Oil And Gas Bonanza
- The oil riches potential offshore the tiny South American nation of Guyana grew even larger this week with a pair of announcements of new successes in the prolific Stabroek block under development by a consortium led by ExxonMobil.
- 04/28/2023
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Hess Midstream: Great Growth, Fair Valuation, Fantastic Dividend
- The solid revenue growth here is somewhat rare in the industry, and a great testament to how the company is run. The vertical integration in HESM is possibly the best in the industry.
- 04/26/2023
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Hess (HES) Beats on Q1 Earnings, Ups 2023 Production Outlook
- Higher hydrocarbon production aids Hess' (HES) earnings in Q1.
- 04/26/2023
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Here's What Key Metrics Tell Us About Hess (HES) Q1 Earnings
- Although the revenue and EPS for Hess (HES) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 04/26/2023
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3 Fast-Growing Companies Near Buy Points. How One Executive Hire Sent This Stock Soaring
- XPO Logistics stock soared on news it landed a new Chief Operating Officer. The post 3 Fast-Growing Companies Near Buy Points.
- 04/25/2023
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Final Trades: SL Green, Hess & more
- The "Halftime Report" traders give their top picks to watch for the second half of the day.
- 04/11/2023
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Energy Income Weekly: Improving Oil Market Fundamentals To Drive Energy Outperformance
- The energy sector gained 6.3% in response to surging oil prices and improving oil-market fundamentals. Oilfield services was the best-performing energy sub-sector.
- 04/06/2023
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Hess Schedules Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, April 26, 2023 at 10 a.m. Eastern Time to discuss its first quarter 2023 earnings release.
- 04/04/2023
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Final Trades: Regeneron, Hess & Bank of America
- The "Halftime Report" traders give their top picks to watch for the second half.
- 03/27/2023
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4 Integrated US Stocks to Gain as Crude Price Remains Favorable
- From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and WHD will make the most of the favorable business scenario.
- 03/23/2023
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Here's Why Hold Strategy is Apt for Hess (HES) Stock Right Now
- Hess (HES) expects the operating cash flow to expand, seeing a compound annual growth rate of 25% through 2027.
- 03/21/2023
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Hess (HES) Stock Jumps 3.4%: Will It Continue to Soar?
- Hess (HES) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 03/17/2023
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Hess CEO on oil and gas demand
- Hess CEO John Hess joins 'Squawk Box' to discuss if the recent gains in oil prices are sustainable, why America is almost afraid to say they'll need fossil fuels and more.
- 03/07/2023
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Hess (HES) Rewards Investors With Quarterly Dividend Hike
- Hess (HES) expects operations cash flow to expand at a compound annual growth rate of around 25% through 2027. This raises the possibility of further dividend hikes.
- 03/02/2023
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Why Is Hess (HES) Down 15.4% Since Last Earnings Report?
- Hess (HES) reported earnings 30 days ago. What's next for the stock?
- 02/24/2023
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Hess Corporation: Bring On That Cash Flow
- The Gulf of Mexico And Bakken production should return to pre-covid levels. The Gulf of Mexico And Bakken production should then maintain production and be a source of cash flow.
- 02/09/2023
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Buybacks Or Dividends? What Worked Better So Far
- As oil and gas companies have shifted from survival to cash generation mode, their capital return strategies have come into focus. Some U.S. independents prioritize buybacks while others rely on dividends; few companies employ a mix of both strategies.
- 02/08/2023
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Hess Corporation (HES) Q4 2022 Earnings Call Transcript
- Hess Corporation (NYSE:HES ) Q4 2022 Earnings Conference Call January 25, 2023 10:00 AM ET Company Participants Jay Wilson - Vice President, Investor Relations John Hess - Chief Executive Officer Greg Hill - Chief Operating Officer John Rielly - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Jeanine Wai - Barclays Doug Leggate - Bank of America Paul Cheng - Scotiabank Neil Mehta - Goldman Sachs Ryan Todd - Piper Sandler Noel Parks - Touhy Brothers Operator Good day, ladies and gentlemen and welcome to the Fourth Quarter 2022 Hess Corporation Conference Call. My name is Kevin and I will be your operator for today.
- 01/25/2023
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Hess (HES) Beats on Q4 Earnings, Hikes Exploration Budget
- Higher oil and natural gas prices, and production boost Hess' (HES) earnings in Q4.
- 01/25/2023
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Hess (HES) Tops Q4 Earnings and Revenue Estimates
- Hess (HES) delivered earnings and revenue surprises of 5.33% and 9.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/25/2023
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Oil Stock Fuels Growth While Driving Climate Change Initiatives
- While driving climate change initiatives and cutting carbon dioxide emissions, top oil stock Hess fuels a potential new breakout. The post Oil Stock Fuels Growth While Driving Climate Change Initiatives appeared first on Investor's Business Daily.
- 01/11/2023
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Stocks This Week: Buy Schlumberger And Hess
- Here are the positive prospects for the energy sector.
- 01/10/2023
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Hess Corporation Is An Expensive Stock With Strong Potential
- Hess Corporation remains expensive in a market where the company needs sustained high-double-digit oil prices to drive returns. The company's Guyana and other assets continue to grow substantially, which will enable increased cash flow.
- 01/09/2023
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Hess Schedules Earnings Release Conference Call
- NEW YORK--( BUSINESS WIRE )--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, January 25, 2023 at 10 a.m. Eastern Time to discuss its fourth quarter 2022 earnings release.
- 01/04/2023
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Why Hess (HES) Could Beat Earnings Estimates Again
- Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/04/2023
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Which Stocks Show Thick Skin As Bears Sink Fangs Into New Year?
- As last year's bear market spills over into 2023, breakout index stocks like CAT, BOX, AZN and ELF stock show resilience. The post Which Stocks Show Thick Skin As Bears Sink Fangs Into New Year?
- 01/04/2023
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Will These 5 Energy Stocks See Another Bull Run in 2023?
- Let's take a deep look into the S&P 500's top sector for 22022 - Energy - and its high flyers OXY, HES, MPC, XOM and SLB.
- 01/03/2023
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Hess Corporation: Guyana Production Triple Guidance
- Hess management thinks the 18,000 ft interval contains an equal amount of reserves to that already on the books. Production from Guyana is likely to triple by 2027.
- 01/02/2023
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The 10 biggest winners in the S&P 500 this year were led by an oil giant Warren Buffett owns. The top stocks saw a combined $357 billion increase in market value.
- About 70% of S&P 500 companies saw negative returns in 2022, which makes it all the more impressive for energy stocks to print such massive gains.
- 12/31/2022
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These 20 stocks were the biggest winners of 2022
- Even during a year in which the S&P 500 index has declined 19%, with 70% of its stocks in the red, there are plenty of winners.
- 12/30/2022
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These Are the 10 Best Performing Energy Companies in 2022
- Energy stocks have had a remarkable 2022, driven by high oil and natural gas prices due to tight supplies and rising demand.
- 12/29/2022
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Soaring Growth Puts Energy Stock Hess In The Spotlight
- Energy stock Hess is boasting stellar growth and strong fundamentals.
- 12/29/2022
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4 Integrated US Oil Stocks Set to Escape Industry Weakness
- From upstream activities to refining, prospects for companies are not at all rosy now, dampening the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and WHD will likely survive the business challenges.
- 12/29/2022
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Here's Why Hess (HES) Stock Surged 92% in the Past Year
- Hess (HES) expects significant free cash flow growth in the coming years, which will get allocated toward reducing its debt load and returning capital to shareholders.
- 12/28/2022
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Want Better Returns? Don't Ignore These 2 Oils and Energy Stocks Set to Beat Earnings
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 12/28/2022
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7 Stocks Pay Off Big During Santa Claus Rally
- Investors hope for a Santa Claus Rally this time of year. And some S&P 500 stocks deliver a gift to them whether Santa shows up or not.
- 12/27/2022
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Energy Stocks Hess and ConocoPhillips Rise as Oil Prices Surge
- Reports suggest Russia may slash its oil production early next year.
- 12/23/2022
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3 Top S&P 500 Performers of 2022
- Investors are more than aware of how harsh the market has been in 2022, with many stocks residing in the red year-to-date. Still, these three stocks have snapped the bearish trend, delivering substantial gains to shareholders.
- 12/21/2022
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Oil and energy prices are moving in opposite directions, what's going on?
- Crude oil prices are moving in the opposite direction of energy stocks over the last three months amid unique economic pressures
- 12/21/2022
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With Bear Market Scars, These 26 Stocks Expect Up To 1,220% Growth
- Oil stocks dominate this list of today's fastest-growing stocks, all eyeing 100%-1,220% EPS gains this year. The post With Bear Market Scars, These 26 Stocks Expect Up To 1,220% Growth appeared first on Investor's Business Daily.
- 12/21/2022
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Hess Corporation: Don't Forget The Income
- Each FPSO adds significant production growth for Hess, typically in excess of industry growth rates. Hess Corporation is one of the fastest growing companies in the industry.
- 12/19/2022
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Jim Cramer goes over the energy stock winners of 2022
- Cramer explained his thoughts on the top-performing energy stocks so far this year.
- 12/12/2022
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U.S. Oil Prices Drop on Rising Gasoline, Distillate Supplies
- Despite occasional hiccups, energy companies like Occidental Petroleum (OXY), Hess Corporation (HESS) and Marathon Petroleum (MPC) see solid gains in 2022.
- 12/08/2022
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U.S. Oil Prices Rise as EIA Confirms a Big Inventory Draw
- Energy companies like Occidental Petroleum (OXY), Hess Corporation (HES) and Marathon Petroleum (MPC) and have seen solid gains in 2022.
- 12/01/2022
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Top 3 best-performing stocks in the S&P 500 this year
- With only one month left until the end of the year, investors' attention turns to the holiday season in front of us. Sure enough, plenty of economic events lie ahead, such as the Federal Reserve's December decision, but investors are unlikely to take any more risk in the week ahead.
- 11/28/2022
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Why Is Hess (HES) Up 2.2% Since Last Earnings Report?
- Hess (HES) reported earnings 30 days ago. What's next for the stock?
- 11/25/2022
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Red-Hot Manager Forecasts Volatile 2023: His Stock Picks
- One of the very hottest mutual fund co-managers expects a rocky stock market in 2023. The post Red-Hot Manager Forecasts Volatile 2023: His Stock Picks appeared first on Investor's Business Daily.
- 11/18/2022
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EIA Oil Supply Data Headlines: Crude Stocks Down, Fuel Up
- Energy companies like Occidental Petroleum (OXY), Hess Corporation (HESS) and Marathon Oil (MRO) and have seen solid gains in 2022.
- 11/17/2022
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Hess: If Oil Is Strong In 2023, This Stock Could Benefit Hugely
- Hess contends that with Brent at $65, its cash flows will increase by 25% per year. Hess's balance sheet is getting in the way of its strong capital return program.
- 11/15/2022
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Hess Corporation (HES) Q3 2022 Earnings Call Transcript
- Hess Corporation (NYSE:HES ) Q3 2022 Earnings Conference Call October 26, 2022 10:00 AM ET Company Participants Jay Wilson – Vice President-Investor Relations John Hess – Chief Executive Officer Greg Hill – Chief Operating Officer John Rielly – Chief Financial Officer Conference Call Participants Arun Jayaram – JPMorgan Securities Doug Leggate – Bank of America Stephen Richardson – Evercore Neil Mehta – Goldman Sachs Roger Read – Wells Fargo Paul Sankey – Sankey Research Bob Brackett – Bernstein Research Noel Parks – Tuohy Brother Operator Good day, ladies and gentlemen, and welcome to the Third Quarter 2022 Hess Corporation Conference Call. My name is Carman, and I will be your operator for today.
- 10/26/2022
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Hess (HES) Q3 Earnings Top Estimates, Production Outlook Rises
- Higher commodity price realizations and increased hydrocarbon production aid Hess' (HES) earnings in Q3.
- 10/26/2022
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New Strong Sell Stocks for October 26th
- HES, JRVR and CC have been added to the Zacks Rank #5 (Strong Sell) List on October 26, 2022.
- 10/26/2022
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Energy Companies Stage Breakout Despite Lower Oil Prices
- With a large number of highly-ranked stocks in the this sector, the energy play may still have room to run.
- 10/24/2022
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What's in the Offing for Hess Corp's (HES) Q3 Earnings?
- Higher oil and gas prices are likely to have aided Hess Corp's (HES) Q3 earnings.
- 10/21/2022
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Final Trades: CVS, Hess, Dollar Tree & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 10/19/2022
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PGIM Fund Outperforms With Inflation Fighting Focus
- Searching for protection from inflation? PGIM Real Assets Fund's focus on hard assets gives it an edge amid high inflation.
- 10/18/2022
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Hess Schedules Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Conference Call
- 10/03/2022
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4 Integrated US Stocks to Gain as Oil Price Remains High
- From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and WHD will make the most of the favorable business scenario.
- 09/30/2022
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Oil Reclaims $80 After EIA Reports Supply Draw on All Fronts
- Energy companies like Occidental Petroleum (OXY), Marathon Petroleum (MPC) and Hess Corporation (HESS) have seen solid gains in 2022.
- 09/30/2022
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Hess Corporation: This Blue Light Special Will Not Last
- Hess's quarterly cash flow from operating activities topped $1 billion. Participation in the Guyana project assures fast growth of cash flow for the foreseeable future even if oil prices decline long-term as expected.
- 09/17/2022
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Key questions remain around future oil supply, says RBC Capital's Helima Croft
- Helima Croft, head of global commodity strategy at RBC Capital Markets, joins CNBC's 'Squawk Box' to discuss moves in energy prices following August's inflation report, which showed a sharp decline in gasoline prices
- 09/14/2022
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Energy stocks more resilient than thought, says Strategas' Chris Verrone
- Strategas' Chris Verrone looks at energy stocks. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Julie Biel, Tim Seymour and Brian Kelly.
- 09/13/2022
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Making Sense of EIA's Latest Weekly Crude Inventory Report
- With oil prices remaining relatively strong despite minor hiccups, energy companies like Occidental Petroleum (OXY), Coterra Energy (CTRA) and Hess Corporation (HESS) have seen solid gains in 2022.
- 09/09/2022
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Oil Stock Hess Sets Up Near Buy Point As Earnings Rebound
- Oil stock Hess is near the buy point of a new base as its earnings and sales rebound. The Fed's inflation fight could have an impact.
- 09/08/2022
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Here's Why Hess (HES) is a Strong Growth Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 09/06/2022
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Here's Why Oil Prices Fell Despite Another Inventory Draw
- With oil prices remaining relatively strong despite minor hiccups, energy companies like Occidental Petroleum (OXY), Coterra Energy (CTRA) and Hess Corporation (HESS) have seen solid gains in 2022.
- 09/01/2022
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Oil Jumps to 3-Week High on Inventory Draw, OPEC Speculation
- With oil prices remaining close to $100, energy companies like Occidental Petroleum (OXY), Coterra Energy (CTRA) and Hess Corporation (HES) have seen solid gains in 2022.
- 08/25/2022
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Hess Corporation (HES) CEO John Hess on Q2 2022 Results - Earnings Call Transcript
- Hess Corporation (NYSE:HES ) Q2 2022 Results Conference Call July 27, 2022 10:00 AM ET Company Participants Jay Wilson - VP, IR John Hess - CEO Greg Hill - COO John Rielly - CFO Conference Call Participants Arun Jayaram - JPMorgan Doug Leggate - Bank of America Paul Cheng - Scotiabank Jeanine Wai - Barclays Ryan Todd - Piper Sandler Neil Mehta - Goldman Sachs Roger Read - Wells Fargo Vin Lovaglio - Mizuho David Deckelbaum - Cowen Operator Good day, ladies and gentlemen, and welcome to the Second Quarter 2022 Hess Corporation Conference Call. My name is Liz, and I will be your operator for today.
- 07/27/2022
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5 Stocks to Buy Ahead of Q2 Earnings Results Next Week
- Five companies will report second-quarter 2022 earnings results next week. These are: EQT, MEDP, CR, HES and ZION.
- 07/22/2022
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Wall Street Analysts Think Hess (HES) Could Surge 32%: Read This Before Placing a Bet
- The average of price targets set by Wall Street analysts indicates a potential upside of 32% in Hess (HES). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 07/21/2022
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Market check: Energy stocks in the red as dollar strengthens
- Yahoo Finance's Ines Ferré discusses energy stocks and semiconductor stocks in midday trading. Yahoo Finance's Ines Ferré discusses energy stocks and semiconductor stocks in midday trading.
- 07/12/2022
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Hess Schedules Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Conference Call
- 07/11/2022
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Can Hess (HES) Keep the Earnings Surprise Streak Alive?
- Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/08/2022
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Energy demand still robust, oil expected to hit $140 per barrel, says Damien Courvalin
- Damien Courvalin, head of energy research at Goldman Sachs, joins CNBC's 'Squawk Box' to break down energy markets and provides an outlook for the price of oil.
- 07/07/2022
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Why Hess Shares Are Getting Hammered Today
- Hess Corp. (NYSE: HES) shares are trading lower by 8.41% to $96.47 Tuesday afternoon. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns.
- 07/05/2022
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Hess Corp.: Guyana To Deliver 1 Million Barrel Of Oil Per Day By 2027
- Hess' revenues increased to $2,371 million in the first quarter of 2022 from $1,919 million in the same quarter a year ago. HES produced 297K net Boep/d in 1Q22 (including Libya). It was down 10.8% from the same quarter a year ago, with contributions from resources in the Bakken of 152K Boep/d.
- 07/05/2022
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5 S&P 500 Energy Stock Winners of a Brutal First Half
- Let's take a deep look into the S&P 500's top sector for the first six months of 2022 - Energy - and its high flyers OXY, VLO, HES, XOM and HAL.
- 07/05/2022
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Energy Stocks Rip Higher as Oil Hits Highest Since Mid-June
- Shares of energy companies Hess Corporation (HES), Occidental Petroleum (OXY) and Marathon Oil (MRO) rallied on Tuesday as oil prices zoomed to a two-week high.
- 06/29/2022
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3 Energy Firms to Gain From Record Gulf Coast Oil Export
- Companies that may gain from record crude oil export from the Gulf Coast are BP, Hess (HES) and Shell (SHEL).
- 06/28/2022
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4 Integrated US Oil Stocks to Watch From the Prospering Industry
- From upstream activities to refining, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and MRO will make the most of the improving business scenario.
- 06/13/2022
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Is Guyana the Hottest Oil Exploration Play at the Moment?
- Oil discoveries at a deeper layer offshore Guyana could add billions of barrels to the block's recoverable resources, benefiting firms like Hess (HES), ExxonMobil (XOM) and TechnipFMC (FTI).
- 06/06/2022
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Hess Corporation: Slow And Steady Wins The Race
- Hess Corporation's Guyana asset has continued to grow despite its enormous size. Yellowtail should be commissioned in 2025. The company's attributable production in 2025 is expected to be ~250k barrels / day with continued growth in other assets.
- 06/06/2022
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3 Highly-Ranked Large-Cap Stocks Worth a Bet
- Large-cap companies are generally more mature, well-known companies within established industries.
- 06/03/2022
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Energy stocks dominate the list of top gainers in the S&P 500 as companies see big profits amid oil's surge to the highest price in nearly 15 years
- If the energy sector were excluded, the blended earnings growth rate for the S&P 500 would fall to 3.2% from 9.2%, according to FactSet.
- 05/31/2022
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Hess (HES) Up 14.8% Since Last Earnings Report: Can It Continue?
- Hess (HES) reported earnings 30 days ago. What's next for the stock?
- 05/27/2022
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5 Energy Stocks Goldman Sachs Expects to Deliver More Than Dividends
- Extracting oil and natural gas from the earth is expensive. With crude oil and gas prices at current levels, it is reasonable to ask why energy companies are not spending more of their newfound wealth on pumping more of the stuff.
- 05/26/2022
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Surging Earnings Estimates Signal Upside for Hess (HES) Stock
- Hess (HES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 05/23/2022
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Hess Corporation: A Pause Before A Lot Of Growth
- Yellowtail is now sanctioned. There will be a one-year gap before FPSOs arrive annually.
- 05/19/2022
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The Repercussions of Money Printing: What to Do Now
- What can we learn from historical periods during which the Money Supply experienced similar substantial increases?
- 05/11/2022
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Oil stocks are the new FAANGs
- Many investors, including Warren Buffett, are betting that higher crude oil prices are here to stay for a while. It's a good wager, thanks to the spike in oil prices from about $75 a barrel at the end of last year to above $100 now. Nearly all of the top performers in the S&P 500 this year are energy stocks.
- 05/10/2022
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BP Beats Q1 Earnings Estimates, Announces Share Buyback
- Higher realizations of commodity prices aid BP's earnings in Q1.
- 05/03/2022
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4 Top Oil Stocks To Watch In The Stock Market Today
- 4 top oil stocks for your May 2022 watch list.
- 05/02/2022
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Hess (HES) Q1 Earnings Top Estimates on Higher Commodity Prices
- Higher worldwide crude oil realization aids Hess' (HES) Q1 earnings.
- 04/27/2022
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Hess Corporation (HES) CEO John Hess on Q1 2022 Results - Earnings Call Transcript
- Hess Corporation (NYSE:HES ) Q1 2022 Results Conference Call April 27, 2022 10:00 AM ET Company Participants Jay Wilson - VP, IR John Hess - CEO Greg Hill - COO John Rielly - CFO Conference Call Participants Doug Leggate - Bank of America Paul Cheng - Scotiabank Arun Jayaram - JP Morgan Jeanine Wai - Barclays Neil Mehta - Goldman Sachs Roger Read - Wells Fargo Bob Brackett - Bernstein Operator Good day, ladies and gentlemen, and welcome to the First Quarter 2022 Hess Corporation Conference Call. My name is Liz, and I will be your operator for today.
- 04/27/2022
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5 Energy Stocks to Bring Positive Earnings Surprise in Q1
- Energy stocks such as Murphy USA (MUSA), Hess Corporation (HES), EQT Corporation (EQT), Helmerich & Payne (HP) and Chevron (CVX) are likely to have benefited from higher commodity price trends.
- 04/22/2022
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Hess Corporation: Fake News
- Hess and Exxon Mobil have millions of acres to explore. Current discoveries alone will grow earnings for at least a decade.
- 04/20/2022
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3 Oil Stocks to Sell as Q2 Kicks Off
- Oil stocks that seem to be trading at stretched valuation after a big rally. Recession probability might negatively impact oil price.
- 04/13/2022
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All You Need to Know About Hess (HES) Rating Upgrade to Strong Buy
- Hess (HES) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 04/11/2022
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Hess Schedules Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Conference Call
- 04/06/2022
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The 'new FANG' trade will be in commodities amid market turmoil sparked by Russia's war in Ukraine, says wealth manager
- Prices of oil, wheat, gold, and other commodities have soared since Russia's attack on Ukraine last month.
- 03/23/2022
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Stocks This Week: Buy Murphy Oil And Hess Corporation
- The stock market is likely to rally into April. Here are two strong buy candidates.
- 03/20/2022
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Hess Corporation's Run-Up Isn't Done
- Hess Corporation's run-up has slowed down, however, the company still has significant room for growth.
- 03/20/2022
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Hess Midstream: More Growth Ahead
- Hess Midstream has significant growth potential. The limited partnership also offers a generous distribution that will grow.
- 03/13/2022
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Hess: Revving Up The Growth Engine
- The market is focused on Hess price action whereas the future should alleviate any fears about growth instead of a dividend.
- 03/13/2022
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Orange Basin Is The New Guyana: Buy Africa Oil Stock To Profit From The Basin Opening
- Orange Basin Is The New Guyana: Buy Africa Oil Stock To Profit From The Basin Opening
- 03/11/2022
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ENGlobal Corporation (ENG) CEO Mark Hess on Q4 2021 Results - Earnings Call Transcript
- ENGlobal Corporation (ENG) CEO Mark Hess on Q4 2021 Results - Earnings Call Transcript
- 03/10/2022
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Hess CEO John Hess: Oil and gas essential for a smooth, affordable energy transition
- CNBC's Brian Sullivan and the 'Squawk Box' team sit down with Hess CEO John Hess to discuss rising oil prices, the U.S.'s energy supply and more.
- 03/08/2022
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Hess (HES) Rewards Investors With Dividend Hike, Updates View
- Hess (HES) strengthens its position financially to start increasing shareholders??? returns and lower debt load.
- 03/04/2022
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Hess Corporation: Cash Flow Jump Coming
- Production has begun on the second platform.
- 02/21/2022
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Willis Towers Watson PLC (WTW) CEO Carl Hess on Q4 2021 Results - Earnings Call Transcript
- Willis Towers Watson PLC (WTW) CEO Carl Hess on Q4 2021 Results - Earnings Call Transcript
- 02/08/2022
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Hess Could Trade Higher as Oil Prices Rise
- Following a week in which West Texas Intermediate crude oil futures expiring March 2022 and Brent oil futures expiring April 2022 gained 3.5%, the barrel is a little bit hesitant at $91 and $92 as of the time of writing. A potential nuclear agreement between Iran and the European Union in Vienna Tuesday could release the Iranian supply, that sanctions have so far impeded, and mitigate the price.
- 02/08/2022
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4 US Integrated Oil Stocks to Gain From the Prospering Industry
- From upstream activities to refining, prospects for companies are rosy now as fuel demand has recovered considerably, enhancing the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and MRO will make the most of the improving business scenario.
- 02/08/2022
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Hess Midstream LP: Good Q4 '21 Growth, 5% Annual Dividend Growth Through 2024
- HESM yields 7.3% currently, but management's forward dividend guidance will bring its yield to over 8%. It had another strong quarter in Q4 '21.
- 02/06/2022
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Hess (HES) Q4 Earnings Beat Estimates on Surging Oil Prices
- Higher commodity price realizations and increased contributions from the midstream segment aid Hess' (HES) Q4 earnings.
- 01/27/2022
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Hess Midstream LP (HESM) Management on Q4 2021 Results - Earnings Call Transcript
- Hess Midstream LP (HESM) Management on Q4 2021 Results - Earnings Call Transcript
- 01/26/2022
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Hess Corporation (HES) CEO John Hess on Q4 2021 Results - Earnings Call Transcript
- Hess Corporation (HES) CEO John Hess on Q4 2021 Results - Earnings Call Transcript
- 01/26/2022
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Hess (HES) Q4 Earnings and Revenues Surpass Estimates
- Hess (HES) delivered earnings and revenue surprises of 11.84% and 9.98%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 01/26/2022
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Hess raises production capital budget by 37%
- Hess Corp on Tuesday raised its 2022 capital budget for production by 37% as it looks to focus on its operations in Guyana and the U.S. Bakken shale oil basin.
- 01/25/2022
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Hess Midstream: Generate Significant Alpha Despite Their Unit Price Near All-Time Highs
- Hess Midstream: Generate Significant Alpha Despite Their Unit Price Near All-Time Highs
- 01/25/2022
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The 5 Best S&P 500 Stocks So Far in 2022? Think Oil and M&A.
- The S&P 500 has been pummeled this year, dipping into correction territory before a rebound on Monday, but as always, some stocks continue to shine.
- 01/24/2022
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Why Hess (HES) Might Surprise This Earnings Season
- Hess (HES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 01/24/2022
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Hess Midstream Partners LP (HESM) Soars to 52-Week High, Time to Cash Out?
- Hess Midstream Partners LP (HESM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 01/17/2022
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Will Hess Corporation Stock Continue Higher?
- The shares of Hess Corporation have observed a strong rally in the past week assisted by the surge in benchmark prices. Hess is an independent exploration and production company with operations in the U.S., Guyana, Malaysia, and Denmark.
- 01/14/2022
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Are You Looking for a Top Momentum Pick? Why Hess Midstream Partners LP (HESM) is a Great Choice
- Does Hess Midstream Partners LP (HESM) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/13/2022
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Big Changes From BofA on ‘Undervalued' Oil Industry: 8 Top Picks and More
- The price of a barrel of oil has jumped by nearly 60% over the past 12 months from around $50 to nearly $80.
- 01/10/2022
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Hess (HES) Surges 9.6% YTD: More Room For Upside Left?
- Being a leading shale producer in the United States and a prominent player in the deepwater Gulf of Mexico, Hess (HES) is well placed to capitalize on the increase in crude price.
- 01/05/2022
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Despite Fast-paced Momentum, Hess Midstream Partners LP (HESM) Is Still a Bargain Stock
- Hess Midstream Partners LP (HESM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 01/05/2022
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Final Trades: Apache, Hess, Axcelis & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 01/03/2022
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Energy stocks fall, led by Halliburton, as crude oil futures set to snap longest win streak in 10 months
- Energy stocks were broadly lower in premarket trading Friday, as crude oil futures CL00, -1.64% dropped 1.9% to put them in danger of snapping a seven-day win streak. Halliburton Co.'s stock HAL, -0.78% traded down 2.4% ahead of the open, enough to make them the biggest premarket decliner among S&P 500 SPX, -0.30% components.
- 12/31/2021
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Global 2021 Oil and Gas Finds to Hit Rock-Bottom in Decades
- Despite the significant finds by XOM, HES and SNP, global 2021 oil and gas discoveries are likely to hit the lowest level in 75 years if no significant discoveries are unearthed in the next few days.
- 12/27/2021
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Hess Corporation Is Undervalued In Today's Market
- Hess Corporation is working through a transition, dumping billions worth of capital into exciting growth opportunities.
- 12/27/2021
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How Hess Midstream (HESM) Stock Stands Out in a Strong Industry
- Hess Midstream (HESM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 12/21/2021
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Looking for Value? Why It Might Be Time to Try Hess Midstream (HESM)
- Hess Midstream (HESM) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
- 12/14/2021
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Hess Corporation: One Billion Cash On The Way
- Hess Corporation: One Billion Cash On The Way
- 12/13/2021
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Hess Midstream Partners LP (HESM)
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Hess Midstream Partners LP (HESM) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 12/08/2021
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Hess Is Undervalued By Mr. Market. Here's Why
- I would like to see MTN demonstrate stronger pricing power given the way their subscription model disrupted the industry. Common valuation metrics miss this because they use Net Income.
- 12/05/2021
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Hess Corporation Continues To Be Misunderstood By The Market
- Hess Corporation continues to be misunderstood by the market, despite its valuable assets. The Malaysia and Gulf of Mexico assets represent a low capital and reliable source of production for the company.
- 12/05/2021
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BGR: Solid Conservative Fund Pick But Yield Is Low
- BGR: Solid Conservative Fund Pick But Yield Is Low
- 11/10/2021
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Hess Midstream: Management Already Flagging More Bonus Returns In 2022
- Hess Midstream had a wonderful 2021 with sizable distribution growth and a bonus $750m unit buyback. When looking ahead into 2022, it sees management already flagging more bonus returns.
- 11/10/2021
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7 Oil Stocks That Could Be Portfolio Gushers as Prices Hit a 7-Year High
- Oil stocks have massive tailwinds presently meaning now is a great time to purchase. Crude prices aren't moving down soon either.
- 11/02/2021
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Hess Midstream (HESM) Sees Hammer Chart Pattern: Time to Buy?
- Hess Midstream (HESM) has been struggling lately, but the selling pressure may be coming to an end soon.
- 11/01/2021
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Hess Midstream LP (HESM) on Q3 2021 Results - Earnings Call Transcript
- Hess Midstream LP (HESM) on Q3 2021 Results - Earnings Call Transcript
- 10/27/2021
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Hess Corporation (HES) CEO John Hess on Q3 2021 Results - Earnings Call Transcript
- Hess Corporation (HES) CEO John Hess on Q3 2021 Results - Earnings Call Transcript
- 10/27/2021
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Hess (HES) Q3 Earnings Miss Estimates on Lower Production
- Hess (HES) expects cash flow to grow further in the coming days. This is likely to enable it to increase shareholder returns.
- 10/27/2021
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Hess Midstream Partners's Earnings Outlook
- Hess Midstream Partners (NYSE:HESM) is set to give its latest quarterly earnings report on Wednesday, 2021-10-27. Here's what investors need to know before the announcement.
- 10/26/2021
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Hess Corporation: Holding Pattern
- More discoveries were announced by the partnership. Years of production growth are a reasonable assumption.
- 10/24/2021
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Hess (HES) Gears Up for Q3 Earnings: What's in the Cards?
- Hess' (HES) production is likely to have declined year over year in the third quarter.
- 10/22/2021
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Here's Why Hess (HES) is a Strong Momentum Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 10/12/2021
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Oil Stocks: Why FANG, KMI, HES and APA Are Bubbling Higher Today
- Oil stocks are off to a good start this week as the boom continues and prices rise higher even in the face of market uncertainty. The post Oil Stocks: Why FANG, KMI, HES and APA Are Bubbling Higher Today appeared first on InvestorPlace.
- 10/11/2021
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Hess Schedules Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)-- #Q32021--Hess schedules earnings release conference call.
- 10/11/2021
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Could Energy Lead the Stock Market Higher in 2022?
- Oil and gas stocks have done very well lately.
- 10/08/2021
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Why Seasoned Investors are Retaining Hess Corp. (HES) Stock
- Hess Corp. (HES) anticipates multibillions of exploration potential to be still left in Guyana.
- 10/07/2021
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Hess Announces Increase in Recoverable Resource Estimate for Stabroek Block and Significant Discovery at Cataback, Offshore Guyana
- NEW YORK--(BUSINESS WIRE)--Hess Announces Increase in Recoverable Resource Estimate for Stabroek Block and Significant Discovery at Cataback, Offshore Guyana
- 10/07/2021
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APA Scraps and Shuts Keskesi South-1 Well Offshore Suriname
- APA's Keskesi South-1, drilled 6.2 kilometers from the Keskesi East-1 discovery well, hits non-commercial traces of hydrocarbons prompting authorities to abandon the site.
- 10/04/2021
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Hess Corporation: Circling Back To A Longtime Favorite Stock
- Hess Corporation has two major avenues of growth through Bakken Shale and Guyana. By 2030, we see production from Hess Corporation approaching more than 500 thousand barrels/day, showing the company's financial strength.
- 10/03/2021
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5 US Integrated Oil Stocks to Gain as Fuel Demand Explodes
- The surge in oil and natural gas prices reflects the gradual recovery of the energy business from the coronavirus pandemic-induced slump. OXY, HES, MRO, DTM & PHX are well positioned to make the most of the exploding fuel demand.
- 09/28/2021
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Energy Stocks Set To Out-Perform Into Year-End
- The bullish setups across the energy complex of crude oil, heating oil, natural gas, and rbob gasoline has big implications for energy stocks from here into year-end. And potentially further on as well.
- 09/24/2021
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Is the Dividend Hike Enough to Help APA Turn Attractive?
- APA's dividend hike comes after the upstream operator repurchased $1.7 billion in debt via an upsized tender offer in August, which allowed it to considerably lower its annual interest expense.
- 09/24/2021
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Here's Why Oil Jumped 2.5% and Drove Energy Stocks Higher
- A bullish EIA report had oil stocks APA Corporation (APA), Devon Energy (DVN), Diamondback Energy (FANG), Marathon Oil (MRO), Hess Corporation (HES), Occidental Petroleum (OXY) and ConocoPhillips (COP) all trading higher.
- 09/23/2021
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Hess (HES) Up 55.9% in a Year: More Growth On the Horizon?
- Hess (HES) anticipates multibillions of exploration potential to be still left in Guyana.
- 09/15/2021
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What Does APA's Investor Update Tell Us About the Company?
- In August, APA Corporation (APA) repurchased $1.7 billion in debt via an upsized tender offer that will allow the upstream operator to reduce its annual interest expense by 20%.
- 09/10/2021
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Hess Announces Oil Discovery at Pinktail, Offshore Guyana
- NEW YORK--(BUSINESS WIRE)--Hess Announces Oil Discovery at Pinktail, Offshore Guyana
- 09/09/2021
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3 Energy Stocks Popping with Oil
- Energy stocks led small caps higher on Thursday with surging oil prices providing the spark. Here's how to profit from it.
- 09/03/2021
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Hess Announces Regular Quarterly Dividend On Common Stock
- NEW YORK--(BUSINESS WIRE)--Hess announces regular quarterly dividend on common stock.
- 09/01/2021
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Hess to Participate in Barclays CEO Energy-Power Conference
- NEW YORK--(BUSINESS WIRE)-- #Barclays--Hess to participate in Barclays CEO Energy-Power Conference.
- 09/01/2021
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Hess: Another Discovery Or Two
- Hess: Another Discovery Or Two
- 08/31/2021
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Here's What You Need to Know About Tomorrow's OPEC+ Meeting
- Volatile oil exploration and production stocks like MRO, FANG, OXY, HES, MUR and DVN will be most affected by the OPEC+ meeting outcome.
- 08/31/2021
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Hess Completes Sale of Interests in Denmark
- NEW YORK--(BUSINESS WIRE)--Hess Completes Sale of Interests in Denmark
- 08/30/2021
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Why Is Hess (HES) Down 13.2% Since Last Earnings Report?
- Hess (HES) reported earnings 30 days ago. What's next for the stock?
- 08/27/2021
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Goldman Sachs Says Buy These 4 Oil Stocks With Huge 2022 Upside Potential
- After a strong run off the 2020 lows, the spot price for oil has backed up pretty dramatically.
- 08/26/2021
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After Plunging 8.4% in 4 Weeks, Here's Why the Trend Might Reverse for Hess (HES)
- Hess (HES) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 08/17/2021
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Hess Corporation: High Tech Growth Pace At An Oil Company Price
- The demand for oil is very likely to grow. Hess, therefore, has a very bright future given the Guyana partnership with Exxon Mobil.
- 08/11/2021
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4 Must-Buy Efficient Stocks to Build a Powerful Portfolio
- Apple Inc (AAPL), Boyd Gaming (BYD), AutoNation (AN) & Hess (HES) at present have solid efficiency level, and are thus expected to provide stellar returns.
- 08/02/2021
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Hess Midstream LP (HESM) Management on Q2 2021 Results - Earnings Call Transcript
- Hess Midstream LP (HESM) Management on Q2 2021 Results - Earnings Call Transcript
- 07/28/2021
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Hess Corporation (HES) CEO John Hess on Q2 2021 Results - Earnings Call Transcript
- Hess Corporation (HES) CEO John Hess on Q2 2021 Results - Earnings Call Transcript
- 07/28/2021
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Hess (HES) Beats on Q2 Earnings, Discovers New Oil in Guyana
- Hess' (HES) strong second-quarter results are supported by higher commodity price realizations.
- 07/28/2021
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Hess (HES) Surpasses Q2 Earnings and Revenue Estimates
- Hess (HES) delivered earnings and revenue surprises of 26.32% and 5.99%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/28/2021
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Hess Midstream: Q2 Earnings Insights
- Shares of Hess Midstream (NYSE:HESM) moved higher by 0.4% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 51.72% year over year to $0.44, which beat the estimate of $0.43.
- 07/28/2021
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Hess Announces Oil Discovery at Whiptail, Offshore Guyana
- NEW YORK--(BUSINESS WIRE)--Hess Announces Oil Discovery at Whiptail, Offshore Guyana
- 07/28/2021
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Top 6 High-Flying Energy Stocks Set to Beat on Q2 Earnings
- The six high-flying energy stocks discussed here are slated to release second-quarter earnings results this month. These are: OVV, SM, RRC, MTDR, AR and HES.
- 07/23/2021
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Is a Beat in the Cards for Hess (HES) This Earnings Season?
- Higher oil price is likely to have aided Hess' (HES) second-quarter earnings.
- 07/23/2021
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Strategas' Chris Verrone says energy stocks should be bought now
- Chris Verrone, Strategas, on why you should buy energy stocks now. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman.
- 07/22/2021
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Hess Corporation Sets New Emission Reduction Targets, Demonstrates Industry Leading ESG Performance in Newly Released Annual Sustainability Report
- NEW YORK--(BUSINESS WIRE)--Hess Corporation Sets New Emission Reduction Targets, Demonstrates Industry Leading ESG Performance in Newly Released Annual Sustainability Report
- 07/21/2021
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Oil Stocks Routed on Rising Fuel Supplies, OPEC+ Impasse
- Some of the top losers of the S&P 500 yesterday are energy-related names Occidental Petroleum (OXY), Diamondback Energy (FANG), Devon Energy (DVN), APA Corporation (APA), Marathon Oil (MRO) and Hess (HES).
- 07/15/2021
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Hess Corporation Remains Massively Undervalued In A High Oil Environment
- Hess Corporation Remains Massively Undervalued In A High Oil Environment
- 07/12/2021
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Hess Corp (HES) Sees Hammer Chart Pattern: Time to Buy?
- Hess Corporation (HES) has been struggling lately, but the selling pressure may be coming to an end soon
- 07/12/2021
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Hess Schedules Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, July 28, 2021 at 10 a.m. Eastern Time to discuss its second quarter 2021 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 4770318 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 4770318. This conference call will also be accessible by webcast
- 07/09/2021
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10 Top-Ranked Stocks Powering S&P 500 ETF
- The S&P 500 has been outperforming this year due to the strength in value and cyclical stocks, which were battered last year in the pandemic.
- 07/08/2021
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Upstream's Ideal Oil Scenario Turns Into Refineries' Nightmare
- Crude prices have surged from last year's historic crash, in turn boosting the bottom line of companies like ConocoPhillips (COP), Hess (HES) and others.
- 07/08/2021
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4 Top-Rated Efficient Stocks to Enrich Your Portfolio
- MEDIFAST (MED), Vista Outdoor (VSTO), International Paper (IP) & Hess (HES) are the four top-ranked stocks that have a favorable efficiency level and are expected to provide stellar returns.
- 07/01/2021
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Breaking Down What to Expect From Tomorrow's OPEC+ Meeting
- Volatile oil exploration and production stocks like MRO, FANG, OXY, DVN, EOG and HES will be most affected by the OPEC+ meeting outcome.
- 06/30/2021
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Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 06/28/2021
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7 of the Hottest Energy Stocks to Buy This Summer
- The suffocating economic blanket is lifting on the global economy and that means energy stocks are rebounding from their year-long slumber. The post 7 of the Hottest Energy Stocks to Buy This Summer appeared first on InvestorPlace.
- 06/28/2021
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EIA Oil Supply Data Reveals a Bullish Raft of Indicators
- Energy companies like MRO, FANG, DVN, OXY, EOG, HES and XOM have seen solid gains this year. Year to date, all of these stocks are up anywhere between 55% and 104%.
- 06/24/2021
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Top Ranked Momentum Stocks to Buy for June 22nd
- Top Ranked Momentum Stocks to Buy for June 22nd
- 06/22/2021
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Earnings Estimates Moving Higher for Hess (HES): Time to Buy?
- Hess (HES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 06/22/2021
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Reasons Why Prudent Investors Should Buy Hess (HES) Stock
- Hess (HES) estimates gross resources of much more than 9 billion barrels of oil equivalent from the Stabroek Block, offshore Guyana.
- 06/22/2021
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Momentum ETFs & Stocks to Buy Now
- Momentum investing would be a winning strategy for those seeking higher returns in a short spell.
- 06/22/2021
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$100 Oil or Not, Energy is an Excellent Bet for Investors
- Marathon Oil (MRO) is the top S&P 500 year-to-date gainer. Diamondback Energy (FANG), Devon Energy (DVN), Hess (HES) and EOG Resources (EOG) have also surged.
- 06/22/2021
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The Fed Has Spoken: Stocks To Buy Now
- The Fed could begin raising rates sooner than 2023. Healthcare and utilities are climbing our sector ranking.
- 06/21/2021
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Despite Fast-paced Momentum, Hess Midstream Partners LP (HESM) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Hess Midstream Partners LP (HESM) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 06/21/2021
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Hess Midstream Partners LP (HESM) is on the Move, Here's Why the Trend Could be Sustainable
- Hess Midstream Partners LP (HESM) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
- 06/21/2021
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U.S. Oil Extends Climb to 32-Month High on Demand Recovery
- Marathon Oil (MRO) is the top S&P 500 year-to-date gainer. Diamondback Energy (FANG), Devon Energy (DVN), Occidental Petroleum (OXY), EOG Resources (EOG), Hess (HES) and Apache (APA) have also surged.
- 06/17/2021
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Hess Corporation to Make $9 Million, Three-Year Investment in Education in Houston's Underserved Communities
- HOUSTON--(BUSINESS WIRE)-- #completecommunities--Hess Corporation to Make $9 Million, Three-Year Investment in Education in Houston's Underserved Communities.
- 06/16/2021
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Hess to Participate in J.P. Morgan 2021 Energy, Power & Renewables Conference
- NEW YORK--(BUSINESS WIRE)-- #JohnHess--Hess to participate in J.P. Morgan 2021 Energy, Power & Renewables Conference.
- 06/14/2021
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7 Inflation Trade Stocks to Watch as Paul Tudor Jones Sounds Off
- Inflation trade stocks are becoming a priority among investors looking to hedge against fears of rising consumer prices. The post 7 Inflation Trade Stocks to Watch as Paul Tudor Jones Sounds Off appeared first on InvestorPlace.
- 06/14/2021
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Monday's Analyst Upgrades and Downgrades: Chipotle, CRISPR, Hess Midstream, iMedia, Kinder Morgan, Wendy's and More
- Monday's futures were relatively flat, with the Nasdaq looking the best out of the group with about a 0.2% gain.
- 06/14/2021
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Why You Shouldn't Bet Against Hess Midstream LP (HESM) Stock
- Hess Midstream (HESM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/11/2021
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Will Rising Fuel Stockpiles Stall Oil's Upward Momentum?
- Some of the major gainers of the S&P 500 this year are energy-related names Marathon Oil (MRO), Devon Energy (DVN), Diamondback Energy (FANG), EOG Resources (EOG), Hess (HES), Schlumberger (SLB) and Occidental Petroleum (OXY).
- 06/10/2021
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Hess Announces Discovery at Longtail-3, Offshore Guyana
- NEW YORK--(BUSINESS WIRE)--Hess Announces Discovery at Longtail-3, Offshore Guyana
- 06/09/2021
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7 Inflation Stocks to Buy When Prices Are Rising — Like Now
- Inflation is causing rising fears across the broad economy. But there are many ways to take advantage of the bad situation.
- 06/08/2021
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EIA Oil Supply Data Headlines: Crude Stocks Drop, Fuel Up
- Some of the major gainers of the S&P 500 this year are energy-related names Marathon (MRO), Devon (DVN), Diamondback (FANG), EOG Resources (EOG), Occidental (OXY), Schlumberger (SLB) and Hess (HES).
- 06/04/2021
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Why Fast-paced Mover Hess Midstream Partners LP (HESM) Is a Great Choice for Value Investors
- Hess Midstream Partners LP (HESM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 06/03/2021
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Hess to Participate in Alliance Bernstein 37th Annual Strategic Decisions Conference
- NEW YORK--(BUSINESS WIRE)-- #Bernstein--Hess to participate in Alliance Bernstein 37th Annual Strategic Decisions Conference.
- 06/01/2021
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Bet on 3 Midstream Stocks With Solid Distribution Yields
- With fuel demand recovering massively, midstream energy firms like Energy Transfer (ET), Enable Midstream (ENBL) and Hess Midstream (HESM) are poised to gain.
- 06/01/2021
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What to Watch for at Today's OPEC+ Oil Producer's Meeting
- Volatile oil exploration and production stocks like MRO, DVN, FANG, EOG, HES and OXY will be most affected by the OPEC+ meeting outcome.
- 06/01/2021
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Hess Midstream: Priced For A Bearish Future Despite All Signs Pointing Bullish
- Hess Midstream: Priced For A Bearish Future Despite All Signs Pointing Bullish
- 05/31/2021
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Hess Corporation: Keep Your Eyes On Guyana
- The first quarter continued the recovery from the coronavirus demand destruction. All eyes are focused on the second platform for the Guyana partnership that begins producing in early 2022.
- 05/31/2021
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Hess (HES) Up 11% Since Last Earnings Report: Can It Continue?
- Hess (HES) reported earnings 30 days ago. What's next for the stock?
- 05/28/2021
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Oil Rises After EIA Reports Inventory Draw on All Fronts
- Some of the major gainers of the S&P 500 this year are energy-related names Marathon Oil (MRO), Devon Energy (DVN), Diamondback Energy (FANG), EOG Resources (EOG) and Hess Corporation (HES).
- 05/27/2021
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5 US Integrated Oil Stocks to Gain in a Challenging Industry
- 5 US Integrated Oil Stocks to Gain in a Challenging Industry
- 05/25/2021
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Westmount Energy welcomes Hess Corp's increased stake in Kaieteur Block
- Westmount Energy Ltd (LON:WTE) noted that Hess Corporation has increased its interest in the Kaieteur Block, offshore Guyana, to 20% from 15%. Hess has acquired its additional working interest (WI) from Cataleya Energy.
- 05/24/2021
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Westmount Energy: Hess increases stake in Kaieteur Block
- Westmount Energy Limited (LON:WTE) has noted that Hess Corporation has increased its interest in the Kaieteur Block, offshore Guyana, to 20% from 15%. Hess has acquired its additional interest from Cataleya Energy.
- 05/24/2021
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Hess to Participate in UBS Global Energy Virtual Conference
- NEW YORK--(BUSINESS WIRE)-- #exploration--Hess to participate in UBS Global Energy Virtual Conference
- 05/21/2021
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Permian Oil Output Starts Picking Up as Prices Strengthen
- With oil prices having rebounded to above $60 per barrel, Permian operators like Matador Resources (MTDR), EOG Resources (EOG) and Diamondback Energy (FANG) have announced plans to increase production.
- 05/21/2021
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Hess Ranked Top Energy Company on 2021 Best Corporate Citizens List
- NEW YORK--(BUSINESS WIRE)-- #Best--Hess ranked top energy company on 2021 Best Corporate Citizens list.
- 05/19/2021
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Why Seasoned Investors are Holding on to Hess Corp. (HES) Stock
- Hess Corp. (HES) estimates gross resources of more than 9 billion barrels of oil equivalent from its multiple promising discoveries in the Stabroek Block, offshore Guyana.
- 05/18/2021
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Hess Corporation Is A Future Cash Flow Giant
- Hess Corporation has an impressive portfolio of assets distributed across the world. The company is a future cash flow giant in the making, and it's an exciting investment to see. Investors need to be patient for several more years.
- 05/14/2021
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What to Make of the EIA's Latest Crude Inventory Report?
- Some of the top gainers of the S&P 500 year to date are energy-related names Marathon Oil (MRO), Diamondback Energy (FANG), EOG Resources (EOG), Devon Energy (DVN) and Hess Corporation (HES).
- 05/14/2021
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More Room For Growth In Hess Corporation Stock?
- The shares of Hess Corporation (NYSE: HES) have recovered to pre-Covid levels supported by stable benchmark prices and a strong balance sheet. Given the resurgence of coronavirus cases in various countries, OPEC has not eased production cuts and plans to gradually increase supply by 0.35 mb/d in.
- 05/07/2021
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Hess to Participate in Citi 2021 Global Energy & Utilities Virtual Conference
- NEW YORK--(BUSINESS WIRE)--Hess to Participate in Citi 2021 Global Energy & Utilities Virtual Conference
- 05/05/2021
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Hess Completes Sale of Non Strategic Interests in Bakken Acreage
- NEW YORK--(BUSINESS WIRE)--Hess Completes Sale of Non Strategic Interests in Bakken Acreage
- 04/30/2021
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This Sector Dominated the Stock Market Wednesday (No, It Wasn't Tech)
- It's a relatively small part of the overall market now, but favorable tailwinds helped push it higher.
- 04/28/2021
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Hess Midstream LP (HESM) Management on Q1 2021 Results - Earnings Call Transcript
- Hess Midstream LP (HESM) Management on Q1 2021 Results - Earnings Call Transcript
- 04/28/2021
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Hess Corporation (HES) CEO John Hess on Q1 2021 Results - Earnings Call Transcript
- Hess Corporation (HES) CEO John Hess on Q1 2021 Results - Earnings Call Transcript
- 04/28/2021
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Hess (HES) Surpasses Earnings & Revenue Estimates in Q1
- Higher price realizations of commodities aid Hess' (HES) strong Q1 earnings.
- 04/28/2021
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Hess (HES) Q1 Earnings and Revenues Beat Estimates
- Hess (HES) delivered earnings and revenue surprises of 86.36% and 11.27%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/28/2021
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Hess (HES) Gears Up for Q1 Earnings: What's in the Cards?
- Despite Bakken play production ramp up, Hess' (HES) domestic output is likely to decline year over year for the first quarter.
- 04/26/2021
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7 Oil Stocks to Buy As Production Ramps Up
- Oil stocks have clear catalysts favoring a possible bull market in coming months. These 7 stocks look like strong options.
- 04/21/2021
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Hess (HES) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Hess (HES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/21/2021
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Hess Corporation Is One Of The Most Undervalued Energy Companies
- Hess Corporation's Guyana assets, run by Exxon Mobil, continue to have massive strength and growth potential. Hess Corporation has steady state impressive assets in the background that will help generate respectable cash flow with minimal capital.
- 04/19/2021
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U.S. Shale Oil Output Rising, Permian to Hit 1-Year High
- With oil prices having rebounded to around $60 per barrel, Permian operators like Matador Resources (MTDR), EOG Resources (EOG) and Diamondback Energy (FANG) have announced plans to increase production.
- 04/14/2021
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Goldman Sachs Says Buy These 4 Energy Stocks for Possible Summer Rally
- This time last year, the price of oil was plummeting as concerns about the COVID-19 pandemic were rising.
- 04/14/2021
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Hess Schedules Earnings Release Conference Call
- NEW YORK--(BUSINESS WIRE)-- #earnings--Hess schedules Q1 2021 earnings release conference call.
- 04/09/2021
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Enerplus (ERF) Signs Deal With Hess to Acquire Williston Acres
- Enerplus (ERF) announces that the to-be acquired core acreage has a strong inventory of premium drilling locations, brightening the production outlook.
- 04/09/2021
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Canada's Enerplus to buy some of Hess' North Dakota assets
- Canada's Enerplus Corp said it would buy some assets in North Dakota's Williston Basin from Hess Corp for $312 million, as improved oil price expectations have buoyed mergers and acquisitions in North America.
- 04/08/2021
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Hess (HES) Liza II Breakeven to Hit $25/Bbl: A Cash Flow Titan?
- Hess (HES) expects its massive upstream portfolio to deliver a compound annual growth rate of around 33% in operating cashflow by 2023.
- 03/24/2021
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Hess to Participate in 49th Annual Scotia Howard Weil Energy Conference
- NEW YORK--(BUSINESS WIRE)--Hess to participate in 49th annual Scotia Howard Weil Energy Conference.
- 03/19/2021
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Hess (HES) Inks Deal to Divest Interests in South Arne Field
- Hess (HES) decides to allocate the net proceeds from the sales for investment in world-class offshore resources in Guyana.
- 03/19/2021
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Hess Announces Sale of Interests in Denmark
- NEW YORK--(BUSINESS WIRE)--Hess Announces Sale of Interests in Denmark
- 03/18/2021
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Raymond James Bullish on Oil: 6 Top Stocks to Buy for Continued 2021 Gains
- One would think that President Biden's initiatives on climate change would have been the worst possible scenario for the energy sector in 2021 and beyond.
- 03/18/2021
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Hess Midstream: Very Strong Finish To 2020 Sets The Scene For Even Higher Unitholder Returns
- Hess Midstream sits in a rare league of midstream partnerships that are providing solid quarter-on-quarter distribution growth. They performed very strongly during 2020 and especially during the fourth quarter, which by one measurement saw their cash flow performance surging over 50% year on year.
- 03/16/2021
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Top Stocks To Short Today As Investors Wait On The Fed
- As investors await the Fed's two-day meeting, the deep learning algorithms at Q.ai have crunched the data to give you today's best short plays.
- 03/16/2021
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Shale Oil Firms Pick Budget Discipline Over Production Growth
- The Eagle Ford and Bakken shale fields are set to lose 15 Mbbl/d and 12 Mbbl/d, respectively, between March and April, as the likes of Marathon Oil (MRO) and Hess (HES) focus on capital efficiency.
- 03/16/2021
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Where to Focus Energy Sector Investments (NASDAQ: FANG) (OTC US: AGYP) (NYSE: HES)
- To understand where the oil market is headed and how investors might hope to take advantage, one would do well to take a look at what Chevron (NYSE:CVX) said in its investor-day presentation earlier this month. First off, it helps to understand how the energy sector works.
- 03/16/2021
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Hess Corporation Is Significantly Undervalued, Supported By Its Strong Assets
- Hess Corporation is significantly undervalued, as supported by its strong assets. The company will have a double-digit FCF yield in a few years from its Guyana assets alone.
- 03/15/2021
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Top Stocks To Short Today As Nasdaq Plummets And Fears Of Inflation Increase
- The major indices are all over the place with the Dow on the rise, while the S&P 500 and Nasdaq have dropped. Make the most of this market with todays top shorts from Q.ai's deep learning algorithms.
- 03/12/2021
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Oil Prices Surge but Energy Investors Aren't Happy: Here's Why
- While high oil prices can boost upstream profits in the short run, major economies will take a hit from the same, making demand recovery unsustainable. Downstream stocks like PBF & VLO can witness lower profits due to high input costs.
- 03/09/2021
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Top Stocks To Short Today As Strong Jobs Report Outweighs Inflation Fears
- As stocks rebounded from another sharp sell-off yesterday, Q.ai's deep learning algorithms have crunched the numbers to bring you today's best short plays.
- 03/05/2021
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Oil Soars on OPEC+ Surprise: Energy Stocks Post Big Gains
- The top five gainers of the S&P 500 yesterday were all energy firms - Diamondback Energy (FANG), EOG Resources (EOG), Marathon Oil (MRO), Apache (APA) and Hess (HES).
- 03/05/2021
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Hess Corporation Stock Peaked Ahead Of OPEC Meet?
- The shares of Hess Corporation have recovered to pre-Covid levels driven by the surge in benchmark prices and a strong balance sheet. In 2020, the company's revenues and earnings were propelled by a sizable hedge position – resulting in strong cash generation and supporting dividend payouts.
- 03/03/2021
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Insider Weekends: Sell/Buy Ratio Spikes Well Over 100
- Insider Weekends: Sell/Buy Ratio Spikes Well Over 100
- 02/28/2021
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Hess to Participate in Credit Suisse Energy Summit
- NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will speak at the Credit Suisse 26th Annual Energy Summit on March 1, 2021 at 8:10 a.m. Eastern Time. A live audio webcast and a replay of the presentation will be accessible via Hess Corporation's website. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is ava
- 02/27/2021
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Why Is Hess (HES) Up 19.8% Since Last Earnings Report?
- Hess (HES) reported earnings 30 days ago. What's next for the stock?
- 02/26/2021
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Hess Corporation Is All About Guyana
- Hess Corporation Is All About Guyana
- 02/25/2021
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Hess Corporation Donates $2 Million to Houston's Winter Storm Relief Efforts
- NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today announced that it is donating $1 million to the Houston Harris County 2021 Winter Storm Relief Fund and $1 million to the Houston Food Bank following the severe winter storm that has significantly impacted communities already suffering from the economic effects of the COVID-19 pandemic. The company will also match donations made by employees through its matching gift program. “Our hearts go out to the many families who are struggling
- 02/24/2021
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Hess CEO Discusses Climate and Energy in CERAWeek Conversations Series
- NEW YORK--(BUSINESS WIRE)--John Hess, CEO of Hess Corporation (NYSE: HES), shares his perspective on a range of energy issues in the latest edition of the CERAWeek Conversations series. In a discussion with IHS Markit Vice Chairman Daniel Yergin, Hess describes the need for climate and energy literacy in order to tackle the critical challenge of climate change, the vital importance of the oil and gas industry to the U.S. economy, and the company's strategic focus. The video is available here. S
- 02/17/2021
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Hess (HES) Appointed for Marketing 2 Guyana Crude Shipments
- Hess (HES) projects daily Guyana oil production volumes to reach more than 750,000 gross barrels.
- 02/10/2021
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Energy Names Take Off as Oil Returns to Pre-Pandemic Levels
- Five of the top six stocks on the S&P 500 on Monday were oil producers - Marathon Oil (MRO), Occidental Petroleum (OXY), Apache (APA), Diamondback Energy (FANG) and Hess (HES).
- 02/09/2021
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Hess Corp.: Guyana Offers Serious Upside, M&A Unlikely
- Guyana projects are moving along and the region will be self-sufficient in terms of cash flow once the 3rd field - Payara - comes onstream in 2024. Hess can at least double the value of its Guyana assets without incurring any additional capex, which had not yet been reflected in its share price.
- 02/05/2021
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Hess Midstream LP's (HESM) on Q4 2020 Results - Earnings Call Transcript
- Hess Midstream LP's (HESM) on Q4 2020 Results - Earnings Call Transcript
- 01/27/2021
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Hess Corporation (HES) CEO John Hess on Q4 2020 Results - Earnings Call Transcript
- Hess Corporation (HES) CEO John Hess on Q4 2020 Results - Earnings Call Transcript
- 01/27/2021
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Hess (HES) Q4 Earnings Beat Estimates, Proved Reserves Grow
- Higher production from Bakken play and lower operating expenses aid Hess's (HES) Q4 earnings.
- 01/27/2021
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Hess (HES) Reports Q4 Loss, Tops Revenue Estimates
- Hess (HES) delivered earnings and revenue surprises of 13.43% and 13.29%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 01/27/2021
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Recap: Hess Q4 Earnings
- Shares of Hess (NYSE:HES) fell 0.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 3.33% over the past year to ($0.58), which beat the estimate of ($0.66).
- 01/27/2021
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Hess Reports Estimated Results for the Fourth Quarter of 2020
- NEW YORK--(BUSINESS WIRE)--HESS REPORTS ESTIMATED RESULTS FOR THE FOURTH QUARTER OF 2020
- 01/27/2021
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Earnings Outlook for Hess
- Hess (NYSE:HES) unveils its next round of earnings this Wednesday, January 27. Here is Benzinga's everything-that-matters guide for the earnings announcement.
- 01/26/2021
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Hess (HES) Gears Up for Q4 Earnings: What's in the Cards?
- Lower oil price likely to have hurt Hess' (HES) Q4 earnings.
- 01/22/2021
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Hess Midstream: A Rosy Outlook, But There Are Still A Few Caveats
- Hess Midstream managed to defy the trend and kept steadily increasing their distributions throughout 2020 and now offer a high yield of around 8.50%. Whilst their outlook for 2021 is looking rosy, there are still a few caveats for investors to consider.
- 01/09/2021
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Can Hess (HES) Soar Further After Gaining 15.5% in 6 Months?
- Despite lower capital spending, Hess (HES) expects production volumes to increase on operational efficiency.
- 12/11/2020
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Hess Corporation Stock Is A Risky Bet
- Hess Corporation stock has rallied by 44% this month supported by a surge in crude oil prices and hopes of an early macroeconomic rebound. Given the likelihood of an easing in OPEC+ mandated cuts later this week, Trefis believes that Hess stock remains a risky bet at present.
- 12/03/2020
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Hess Announces Regular Quarterly Dividend On Common Stock
- NEW YORK--(BUSINESS WIRE)-- #dividend--Hess announces regular quarterly dividend on Common Stock.
- 12/02/2020
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Hess Corporation: Expanding Product During A Market Bottom
- The third platform has been approved and will now be ordered. The second platform will be delivered in the second half of fiscal year 2021. First oil will be at the beginning of 2022.
- 11/29/2020
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Hess Corporation Is An Exciting, Leveraged Play On The Next Supermajor Oil Field
- Hess Corporation is an exciting leveraged play on the next supermajor oil field, Guyana. The company also has incredibly exciting shale assets in the Bakken and modestly exciting midstream and international assets.
- 11/20/2020
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4 Stocks To Sell If Covid-19 Hurts Oil Demand Again
- Another wave of Covid-19 could result in a double-dip recession, hurting leveraged oil companies. Put these on your list of stocks to sell.
- 11/19/2020
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Hess Midstream LP: No K-1, 11% Yield, 5% Dividend Growth Through 2021, Guidance Up
- HESM raised its dividend again this quarter, and yields 10.97%, with 1.24X dividend coverage. Q3 '20 adjusted EBITDA rose 33%, revenue rose 23% vs. Q3 '19.
- 11/09/2020
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Hess to Participate in Bank of America Securities 2020 Global Energy Conference
- NEW YORK--(BUSINESS WIRE)-- #exploration--CEO John Hess will speak at the Bank of America Securities 2020 Global Energy Conference on November 10, 2020 at 10:00 a.m. ET
- 11/06/2020
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Hess Completes Sale of Interests in Shenzi Field, Gulf of Mexico
- NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) announced today that it has completed the previously announced sale of its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP, the field's operator, for a total consideration of $505 million, subject to customary adjustments, with an effective date of July 1, 2020. “This transaction brings value forward in the current low price environment and further strengthens our cash and liquidity position,” CEO John Hess
- 11/06/2020
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Hess's stock sinks to lead energy peers lower after analyst downgrades
- Shares of Hess Corp. sank 3.7% in afternoon trading Tuesday, bucking the rallies in crude oil prices and the broader stock market, after Argus Research analyst Bill Selesky downgraded the oil production company, citing concerns over continued losses and rising debt levels. The stock was the biggest decliner in the SPDR Energy Select Sector ETF , which fell 1.1%.
- 11/03/2020
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Hess Corporation (HES) CEO John Hess on Q3 2020 Results - Earnings Call Transcript
- Hess Corporation (HES) CEO John Hess on Q3 2020 Results - Earnings Call Transcript
- 10/28/2020
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Hess Midstream LP (HESM) Management on Q3 2020 Results - Earnings Call Transcript
- Hess Midstream LP (HESM) Management on Q3 2020 Results - Earnings Call Transcript
- 10/28/2020
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Hess: Q3 Earnings Insights
- Shares of Hess (NYSE:HES) decreased 0.7% in pre-market trading after the company reported Q3 results.
- 10/28/2020
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Crossmark Global Holdings Inc. Cuts Stock Holdings in Hess Corp. (NYSE:HES)
- Crossmark Global Holdings Inc. reduced its position in shares of Hess Corp. (NYSE:HES) by 16.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,277 shares of the oil and gas producer’s stock after selling 4,220 shares during the period. […]
- 10/14/2020
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Hess Corporation: The Good News Continues (NYSE:HES)
- Discoveries 17 and 18 extend the winning streak of this partnership. The partnership would add about 225K BOED (mostly oil) by 2026.
- 10/12/2020
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Hess Schedules Earnings Release Conference Call
- Hess schedules earnings release conference call.
- 10/07/2020
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Hess : Announces Sale of Interests in Shenzi Field, Gulf of Mexico | MarketScreener
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Hess Announces Sale of Interests in Shenzi Field, Gulf of Mexico
- Hess Corporation (NYSE: HES) announced today that it has entered into an agreement to sell its 28% working interest in the Shenzi Field in the deepwater Gulf...
- 10/05/2020
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Institutionalize crypto markets now: There must be compliance controls
- Institutionalize crypto markets now: There must be compliance controls
- 10/03/2020
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Hess : Sanctions Payara Development, Offshore Guyana | MarketScreener
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Hess : Sanctions Payara Development, Offshore Guyana | MarketScreener
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Hess Sanctions Payara Development, Offshore Guyana
- Hess Corporation (NYSE: HES) today announced it has made a final investment decision to proceed with development of the Payara Field offshore Guyana after...
- 09/30/2020
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Hess Corp. (NYSE:HES) Position Cut by Stifel Financial Corp
- Stifel Financial Corp trimmed its stake in Hess Corp. (NYSE:HES) by 20.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 12,363 shares of the oil and gas producer’s stock after selling 3,202 shares during the quarter. Stifel Financial Corp’s holdings in Hess were worth $641,000 as of […]
- 09/28/2020
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Goldman Sachs Group Inc. Lowers Stock Holdings in Hess Midstream Partners LP (NYSE:HESM)
- Goldman Sachs Group Inc. reduced its position in shares of Hess Midstream Partners LP (NYSE:HESM) by 16.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 547,877 shares of the company’s stock after selling 105,681 shares during the period. Goldman Sachs Group […]
- 09/15/2020
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Hess : to Participate in J.P. Morgan U.S. All Stars Conference | MarketScreener
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Hess to Participate in J.P. Morgan U.S. All Stars Conference
- Hess Corporation (NYSE:HES) announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the J.P. Morgan U.S. All Stars...
- 09/11/2020
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Exxon Mobil: The Stabroek Block And Its Significance
- On September 8, 2020, U.S. oil companies Exxon Mobil and Hess Corp.
- 09/11/2020
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Hess Announces Oil Discovery at Redtail, Offshore Guyana
- Hess Corporation (NYSE: HES) today announced another oil discovery offshore Guyana at the Redtail-1 well, the 18th discovery on the Stabroek Block, which...
- 09/08/2020
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Hess to Participate in Barclays CEO Energy-Power Conference
- Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on...
- 09/04/2020
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Hess Midstream: High Tech Growth Rate And A Midstream Dividend
- The distribution for the second time this fiscal year. Distribution coverage is expected to be 1.2.
- 09/04/2020
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Hess Corporation: Growth Ahead
- The Guyana project still offers the most significant impact on the future of Hess. As cash flow builds from Guyana, Hess could become a takeover candidate.
- 08/26/2020
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Why I'm Worrying Over A Market Drop
- Our overbought indicator reaches rarefied air. It could be a good time to rein in risk by reducing margin and avoiding short-term calls.
- 08/17/2020
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Investors Are Betting Big Against 5 Oil and Gas Companies
- The sector has rebounded in recent weeks, but investors still expect declines in the stock prices of some companies in the industry.
- 08/12/2020
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Tracking Ken Fisher's Fisher Asset Management Portfolio - Q2 2020 Update
- Fisher’s 13F portfolio value increased from $80.64B to $102.5B in Q2 2020. They increased PayPal, Walt Disney, NextEra Energy, UnitedHealth, 3M Company, Intuitive Surgical, Abbott Labs, Starbucks, and Thermo Fisher Scientific during the quarter.
- 08/11/2020
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Hess Midstream Operations LP -- Moody's announces completion of a periodic review of ratings of Hess Midstream Operations LP
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Hess Midstream Operations LP and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
- 08/07/2020
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Pipeline Court Ruling Helps Some Oil Companies, but Big Risks Remain
- Appeals court says that the Dakota Access Pipeline can keep operating -- for now.
- 08/07/2020
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Dakota Access oil pipeline users downplay need for line to investors
- Dakota Access oil pipeline users downplay need for line to investors
- 08/05/2020
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First Trust Advisors LP Grows Stake in Hess Corp. (NYSE:HES)
- First Trust Advisors LP grew its holdings in Hess Corp. (NYSE:HES) by 12.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 162,692 shares of the oil and gas producer’s stock after buying an additional 18,386 shares during the quarter. First Trust Advisors LP owned […]
- 08/02/2020
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Hess Corporation: Short-Term Pain, Long-Term Gain
- Hess Corporation reported a lower than expected loss of $1.05 per share and burned cash flows in the second quarter while realizing oil prices of $20.63/bbl (un-hedged) and $39.03/bbl (hedged).
- 07/31/2020
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Hess Corp.: Still A Little Too High
- Hess' revenues decreased to $842 million in the second quarter of 2020, from $1,697 million in the same quarter last year. HES produced 334K net Boe/d in 2Q'20.
- 07/30/2020
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This Oil Stock Has Big-Time Upside if Oil Keeps Rebounding in the Second Half
- Hess' moves during the market turbulence in the second quarter position it to capture improving prices later this year.
- 07/30/2020
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Hess Corp (HES) Q2 2020 Earnings Call Transcript
- HES earnings call for the period ending June 30, 2020.
- 07/29/2020
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Hess Corporation (HES) CEO John Hess on Q2 2020 Results - Earnings Call Transcript
- Hess Corporation (NYSE:HES) Q2 2020 Earnings Conference Call July 29, 2020 10:00 AM ET Company Participants Jay Wilson - Vice President of Investor Relations John Hess - Chief Executive Officer Greg Hill - Chief Operating Officer John Rielly - Chief Financial Officer Conference Call Participants Doug Leggate - Bank of America Arun Jayaram - JPMorgan Paul Cheng - Scotiabank Brian Singer - Goldman Sachs Jeanine Wai - Barclays Roger Read - Wells Fargo Bob Brackett - Bernstein Research David Deckelbaum - Cowen Jeffrey Campbell - Tuohy Brothers Ryan Todd - Simmons Energy Devin McDermott - Morgan Stanley Pavel Molchanov - Raymond James Presentation Operator Good day ladies and gentlemen, and welcome to the Second Quarter 2020 Hess Corporation Conference Call.
- 07/29/2020
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Hess (HES) Q2 Earnings Beat Estimates on Bakken Volumes
- Higher oil equivalent production from the Bakken play and increased throughput volumes aid Hess' (HES) Q2 earnings.
- 07/29/2020
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Hess (HES) Reports Q2 Loss, Misses Revenue Estimates
- Hess (HES) delivered earnings and revenue surprises of 11.02% and -14.15%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2020
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Hess Reports Estimated Results for the Second Quarter Of 2020
- HESS REPORTS ESTIMATED RESULTS FOR THE SECOND QUARTER OF 2020
- 07/29/2020
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Pipeline doubts put Bakken shale reboot on hold
- North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy the pipeline that transports most of the region's oil, executives and analysts said. Oil producers in the Bakken, the second largest U.S. shale field, cut May output by about 500,000 barrels per day after U.S. prices tumbled in March on the heels of global coronavirus shutdowns. An appeals court has allowed Energy Transfer LP's Dakota Access Pipeline (DAPL) to continue operating for now, but the threat of closure makes reversing cutbacks and drilling new wells too risky, executives and analysts say.
- 07/29/2020
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4 Oil & Gas Earnings to Watch on Jul 29: FTI, CXO, APA & HES
- Lower oil and gas prices are expected to have hurt hurt Q2 earnings of energy companies.
- 07/28/2020
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Top Energy Stocks for August 2020
- The energy sector is comprised of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Popular energy sector stocks include upstream companies that are primarily engaged in the exploration of oil or gas reserves. Well-known companies in the sector are Devon Energy Corp. (DVN) and Concho Resources Inc. (CXO).
- 07/27/2020
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Is Hess Stock a Buy?
- Shares of the oil producer have been under lots of pressure this year from the crash in crude oil prices.
- 07/27/2020
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Is a Beat in Store for Hess (HES) This Earnings Season?
- : With oil contributing significantly to total production, recovering commodity prices are likely to have supported Hess' (HES) Q2 earnings.
- 07/27/2020
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Russian Oil Grab in Libya Fuels U.S.-Kremlin Tensions in Mideast
- Military contractors linked to the Kremlin have seized control of two of Libya’s largest oil facilities, heightening tensions between Russia and the U.S. over Moscow’s growing footprint in the African nation.
- 07/26/2020
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Hess Corporation (NYSE:HES): Are Analysts Optimistic?
- Hess Corporation's (NYSE:HES): Hess Corporation, an exploration and production company, explores, develops, produces...
- 07/23/2020
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Hess Midstream Hits The Pause Button
- The main customer, Hess Corporation, has an investment grade rating. The minimal capital requriements ensure lots of free cash flow to lower debt.
- 07/22/2020
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Hess (HES) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
- Hess (HES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/22/2020
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Massif Capital 2020 Q2 Investor Letter: We Have No Idea
- Massif Capital letter to investors for the second quarter ended June 2020, discussing the rally in the gold prices. The core portfolio for Massif Capital was up 18.3% during the second quarter of 2020. Year-to-date, as of the end of second quarter, the portfolio has returned 21.9%. A detailed report on individual account performance will be provided […]
- 07/18/2020
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IFM Investors Pty Ltd Sells 10,163 Shares of Hess Corp. (NYSE:HES)
- IFM Investors Pty Ltd decreased its position in Hess Corp. (NYSE:HES) by 33.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,988 shares of the oil and gas producer’s stock after selling 10,163 shares during the quarter. IFM […]
- 07/17/2020
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Hess Corporation Releases 2019 Sustainability Report, Continues to Show Industry Leading ESG Performance
- Hess Corporation (NYSE: HES) today announced publication of its 23rd annual sustainability report, which provides a comprehensive review of the company’s...
- 07/16/2020
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Hess Corporation Releases 2019 Sustainability Report, Continues to Show Industry Leading ESG Performance
- Hess Corporation (NYSE: HES) announces publication of its 23rd annual sustainability report.
- 07/16/2020
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Hess Corporation Releases 2019 Sustainability Report, Continues to Show Industry Leading ESG Performance
- Hess Corporation (NYSE: HES) announces publication of its 23rd annual sustainability report.
- 07/16/2020
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Hess Presents An Investment Opportunity
- A startup issue in the joint venture with Exxon Mobil could provide a chance to invest at a decent price.
- 07/15/2020
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Did Hedge Funds Make The Right Call On Hess Corporation (HES)?
- The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
- 07/12/2020
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If You Own Hess Corp (HES) Stock, Should You Sell It Now?
- North Carolina-based asset management firm Massif Capital, LLC released its second-quarter investor letter this month – a copy of which is available for download here. The fund is currently being co-managed by Will Thomson and Chip Russell. In their recent letter to investors, Massif Capital announced that the core portfolio was up 18.3% in the […]
- 07/10/2020
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Activist Judges Increasing Risk To Oil And Gas Companies
- Environmental attacks on the oil and gas industry are nothing new, as decades of protests and lawsuits have plagued the industry.
- 07/10/2020
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Massif Capital Q2 2020 Investor Letter
- Massif Capital employs a long/short equity strategy focused on global opportunities in listed real assets, principally mining, energy, and infrastructure.
- 07/10/2020
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Hess Schedules Earnings Release Conference Call
- Hess schedules Q2 2020 earnings release conference call.
- 07/08/2020
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DAPL Ruling Is A Catalyst For Pipeline Constraints In U.S. Oil Market
- A federal judge has ordered the Dakota Access Pipeline to shut down by August 6 due to an insufficient environmental impact assessment conducted during the permit process.
- 07/08/2020
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Is The Demand For Leveraged Oil Stock ETNs Here To Stay?
- The MicroSectors™ U.S. Big Oil Index 3X Leveraged ETN and MicroSectors™ U.S. Big Oil Index -3X Inverse Leveraged ETN were launched on April 9, 2019 as a way...
- 07/07/2020
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Is The Demand For Leveraged Oil Stock ETNs Here To Stay?
- The MicroSectors™ U.S. Big Oil Index 3X Leveraged ETN (NYSE: NRGU) and MicroSectors™ U.S. Big Oil Index -3X Inverse Leveraged ETN (NYSE: NRGD) were launched on April 9...
- 07/07/2020
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Grim Day for Pipelines Shows They’re Almost Impossible to Build
- (Bloomberg) -- To be an energy superpower, U.S. oil and natural gas requires a suitably gargantuan pipeline network that stretches for millions of miles. The country’s ability to expand that infrastructure is being tested like never before.In the span of less than 24 hours, a court ordered the Dakota Access crude oil pipeline to shut down and the developers of the Atlantic Coast gas conduit said they were canceling the project. It was a deluge of bad news for an industry that’s increasingly finding that the mega-projects of the past are no longer feasible in the face of unprecedented opposition to fossil fuels and the infrastructure that supports them.Armed with experienced lawyers and record funding, environmental groups are finding enormous success blocking key pipeline permits in court. The challenges come despite support from President Donald Trump, who so far has failed to ensure big projects like Keystone XL get built.“I would expect this to be a turning point for new investment,” said Katie Bays, co-founder of Washington-based Sandhill Strategy LLC. “There is real investor fatigue around this parade of legal and regulatory headwinds to energy projects.”Dominion Energy Inc. and its partner Duke Energy Corp. said Sunday they’ll no longer pursue their $8 billion Atlantic Coast natural gas pipeline after years of delays and ballooning costs, becoming the third such project this year to be sidelined or canceled altogether amid mounting opposition to development of oil and gas.Then on Monday, a U.S. district court ordered Energy Transfer LP’s Dakota Access crude oil pipeline to shut down by Aug. 5. It ruled that a crucial federal permit for the project fell too far short of National Environmental Policy Act requirements to allow the pipeline to continue operating while regulators conduct a broader analysis ordered in a previous decision.The keep-it-in-the-ground movement has increasingly turned its attention to the pipes, rather than the wells themselves, because they require various federal and state permits, which, for the most part, can be more easily litigated.Trump has attempted to insulate the industry from those efforts. In his first week in office, he paved the way for Dakota Access and the contentious Keystone XL oil pipeline. Last year, the White House signed an executive order aimed at short-circuiting regulators who held up gas lines by refusing permits.Dakota Access entered service but remained embattled. Keystone XL still hasn’t been built. In February, Williams Cos. scrapped its Constitution natural gas pipeline after failing repeatedly to gain a water permit from New York.Also See: Keystone XL Pipeline Stays Blocked in U.S. Supreme Court OrderIn contrast to Trump, presumptive Democratic presidential nominee Joe Biden has vowed to kill Keystone XL and is supporting a push to lower-carbon energy sources, even if it comes at the expense of oil and gas jobs.“The Dakota Access and Atlantic Coast pipes encapsulate the last few years of a trend we’ve watched: the dramatic expansion of using regulatory obligations to hurt infrastructure projects in the courts,” said Brandon Barnes, an analyst at Bloomberg Intelligence.When Atlantic Coast was proposed in 2014, it was expected to cost $5 billion and connect Appalachian shale gas plays with markets in the southeast. The price tag rose to $8 billion as the pipeline’s date to enter service was pushed back over and over again.In the end, not only did Dominion cancel it, the company also announced Sunday the sale of almost all its gas pipeline and storage business to Warren Buffett’s Berkshire Hathaway Inc. for $4 billion, while highlighting its target of net zero carbon emissions by 2050.Environmental groups heralded the Atlantic Coast cancellation and the court’s decision to shut down Dakota Access, while industry groups blamed these latest blows on litigious activists.“The well-funded, obstructionist environmental lobby has successfully killed the Atlantic Coast Pipeline,” U.S. Energy Secretary Dan Brouillette said in a statement.The American Petroleum Institute said in a statement that it’s “deeply troubled” by the Atlantic Coast cancellation and Dakota Access shutdown. “The need to reform our broken permitting system has never been more urgent,” the industry group said.Oil producers Continental Resources Inc. and Hess Corp., both of which have significant operations in the Bakken shale field of North Dakota, saw their shares fall Monday morning following the Dakota Access shutdown order. And a lack of new pipelines in the U.S. Northeast, which faces gas supply constraints, may hobble Appalachian producers and potentially hasten the pace of transition to renewable energy.The demise of Atlantic Coast also casts a dark cloud on Mountain Valley Pipeline, a $4.7 billion gas project being developed by EQM Midstream Partners LP alongside utility giants NextEra Corp., Consolidated Edison Inc. and others. Enbridge Inc.’s Line 3 and Line 5 crude pipelines remain ensnared in court battles and regulatory pushback.The Dakota Access ruling marks the first time a court has shut down a major, in-service pipeline for environmental concerns, Southern Methodist University energy law professor James W. Coleman said. The decision upends conventional wisdom that judges would always preserve the status quo by keeping projects in service, and will spur pipeline opponents to look for opportunities to shut down other existing projects, he said.Even in Texas, long considered a safe haven for the oil and gas industry, Kinder Morgan Inc.’s Permian Highway Pipeline is experiencing a backlash from landowners and conservationists who argue the project would harm aquifer recharge zones.“We have to be honest with ourselves that a world where ACP is too risky to get done is probably also a world where KXL is too risky to get done,” said Bays, using acronyms for Atlantic Coast and Keystone XL. “We’ll see companies pivot toward smaller, strategic investments and away from large interstate oil and gas pipelines.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/06/2020
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Hess Corp. (NYSE:HES) Shares Sold by Axa
- Axa trimmed its position in Hess Corp. (NYSE:HES) by 18.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 155,892 shares of the oil and gas producer’s stock after selling 34,199 shares during the period. Axa owned about 0.05% of Hess worth […]
- 07/06/2020
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APG Asset Management N.V. Increases Holdings in Hess Corp. (NYSE:HES)
- APG Asset Management N.V. grew its holdings in shares of Hess Corp. (NYSE:HES) by 2.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,929,656 shares of the oil and gas producer’s stock after purchasing an additional 55,047 shares during the […]
- 07/06/2020
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Hess Corp. (NYSE:HES) Shares Acquired by AQR Capital Management LLC
- AQR Capital Management LLC increased its position in shares of Hess Corp. (NYSE:HES) by 84.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,137 shares of the oil and gas producer’s stock after buying an additional 17,445 shares during the quarter. AQR Capital […]
- 07/04/2020
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Morgan Stanley Decreases Stock Position in Hess Corp. (NYSE:HES)
- Morgan Stanley cut its holdings in Hess Corp. (NYSE:HES) by 23.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 561,962 shares of the oil and gas producer’s stock after selling 176,700 shares during the quarter. Morgan Stanley owned about 0.18% of Hess worth $18,714,000 […]
- 07/02/2020
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Energy Transfer digs in on North Dakota pipeline expansion despite oil slump, sources say
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Energy Transfer digs in on N.Dakota pipeline expansion despite oil slump -sources
- U.S. pipeline company Energy Transfer has taken the rare step of invoking force majeure - normally used in times of war or natural disaster - to prevent oil firms from walking away from a proposed expansion of the controversial Dakota Access pipeline, according to two sources familiar with the matter. Energy Transfer wants to nearly double the size of the line, and some companies that signed up say it is no longer necessary due to the sharp fall in U.S. oil production after the coronavirus pandemic.
- 07/02/2020
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Energy Transfer digs in on North Dakota pipeline expansion despite oil slump, sources say
- Energy Transfer digs in on North Dakota pipeline expansion despite oil slump, sources say
- 07/02/2020
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Negative pricing and option models in KRM22 Risk management Solutions - DirectorsTalk
- When oil futures prices went negative last week, it was the biggest shock in years in the oil market. Now, though, the market isn’t just accepting that as a one-time event. There are increasing signs that traders fully anticipate the same thing happening in June. – Avi Salzman – Barron’s As part of our mission to ...
- 07/01/2020
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State of Tennessee Treasury Department Sells 809 Shares of Hess Corp. (NYSE:HES)
- State of Tennessee Treasury Department trimmed its holdings in shares of Hess Corp. (NYSE:HES) by 1.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 60,894 shares of the oil and gas producer’s stock after selling 809 shares during the quarter. State of Tennessee Treasury Department’s holdings in Hess were worth $2,028,000 at the […]
- 07/01/2020
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Exxon Mobil : Resists Asset Write-Downs | MarketScreener
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Core sector contraction slows in May, fertiliser growth turns positive
- In April, the output of the core sector -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity -- had contracted a record 37%.
- 06/30/2020
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What Makes Hess (HES) a New Buy Stock
- Hess (HES) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 06/30/2020
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Exxon Mobil resists write-downs as oil, gas prices plummet
- As its peers write down U.S. shale assets by billions of dollars amid lower oil and gas prices, Exxon Mobil Corp. stands increasingly alone in not adjusting...
- 06/30/2020
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COVID-19: Output of India’s eight core industries contracts 23.4 pc in May
- The output of eight core infrastructure industries shrank by 23.4 per cent in May due to the coronavirus-induced lockdown, data released by the Ministry
- 06/30/2020
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WSJ News Exclusive | Exxon Mobil Resists Write-Downs as Oil, Gas Prices Plummet
- As its peers write down U.S. shale assets by billions of dollars amid lower energy prices, Exxon Mobil stands increasingly alone in not adjusting the value of its holdings, and some accountants are questioning why.
- 06/30/2020
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Eight Core Industries decline by 23.4% in May
- Final growth rate of Index of Eight Core Industries for February 2020 is revised at 6.4%.
- 06/30/2020
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Covid-19 impact: India's eight core sectors output contracts 23.4% in May
- Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of the country's industrial output, contracted 30% in April and May
- 06/30/2020
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Guyana short-lists 19 companies to market its oil
- A group of 19 companies including oil majors, trading houses and state-run firms were approved by Guyana's government for the next phase of a competitive process aimed at selecting an agent for marketing its share of crude produced in the country.
- 06/26/2020
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Oil/Gas Industry: Address marginalization of Itsekiri or expect total shut down, group tells FG -
- A social-political group, Movement for Development of Itesekiri Oil/Gas Producing Communities has called on President Muhammadu Buhar
- 06/26/2020
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Hess Corp. Is Still A Great Oil Growth Story
- A decrease in Bakken production and oil price weakness will push Hess's earnings lower and might put pressure on the company's financial health. Although Hess c
- 06/26/2020
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Oil Passes Key Level, but Just One Producer Has Fully Bounced Back
- U.S. producers still have a long to go, however. Only Hess has gained since the last time oil traded above $40.
- 06/23/2020
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Top Energy Stocks for July 2020
- The energy sector is comprised of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Popular energy sector stocks include upstream companies that are primarily engaged in the exploration of oil or gas reserves. Well-known companies in the sector are Occidental Petroleum Corp. (OXY) and Diamondback Energy Inc. (FANG).
- 06/23/2020
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Hess Corp (NYSE: HES) Q1 2020 Earnings Call Transcript | AlphaStreet
- Final earnings conference call transcript of Hess Corp - HES stock
- 06/23/2020
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APG Asset Management N.V. Buys 55,047 Shares of Hess Corp. (NYSE:HES)
- APG Asset Management N.V. grew its holdings in shares of Hess Corp. (NYSE:HES) by 2.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,929,656 shares of the oil and gas producer’s stock after acquiring an additional 55,047 shares during the period. APG Asset Management N.V. owned about […]
- 06/22/2020
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Janus Henderson Group PLC Sells 349,527 Shares of Hess Corp. (NYSE:HES)
- Janus Henderson Group PLC lowered its stake in Hess Corp. (NYSE:HES) by 67.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 166,378 shares of the oil and gas producer’s stock after selling 349,527 shares during the period. Janus Henderson Group PLC owned approximately 0.05% of […]
- 06/21/2020
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Exxon ramps Guyana crude output back up after fixing gas compressor
- Exxon Mobil Corp has restored crude output at its nascent project off Guyana's coast after addressing problems with gas reinjection equipment, the South American country's environmental regulator said on Friday.
- 06/19/2020
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Exxon ramps Guyana crude output back up after fixing gas compressor
- Exxon Mobil Corp has restored crude output at its nascent project off Guyana's coast after addressing problems with gas reinjection equipment, the South American country's environmental regulator said on Friday. Output at the offshore Liza field, which Exxon operates in a consortium with Hess Corp and CNOOC Ltd has been restored to between 80,000-90,000 barrels per day (bpd), after falling to between 25,000-30,000 bpd, according to Vincent Adams, head of Guyana's Environmental Protection Agency. Exxon had slashed output to avoid excessive flaring of natural gas produced alongside crude oil, as the equipment issues prevented it from reinjecting sufficient quantities of the gas back into the reservoir.
- 06/19/2020
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Alliancebernstein L.P. Sells 293,315 Shares of Hess Corp. (NYSE:HES)
- Alliancebernstein L.P. decreased its position in Hess Corp. (NYSE:HES) by 32.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 599,589 shares of the oil and gas producer’s stock after selling 293,315 shares during the quarter. Alliancebernstein L.P. owned about 0.20% of Hess […]
- 06/17/2020
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Exxon cuts Guyana crude output to avoid gas flaring, regulator says
- Exxon Mobil Corp has reduced crude output at its nascent project off Guyana's coast due to problems with gas reinjection equipment, a move meant to avoid excessive gas flaring, the South American country's environmental regulator said on Monday.
- 06/16/2020
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Hess Ranked No. 9 on 100 Best Corporate Citizens List of 2020
- Hess ranked No. 9 on 100 Best Corporate Citizens List of 2020
- 06/16/2020
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Exxon cuts Guyana crude output to avoid gas flaring: regulator
- Exxon Mobil Corp has reduced crude output at its nascent project off Guyana's coast due to problems with gas reinjection equipment, a move meant to avoid excessive gas flaring, the South American country's environmental regulator said on Monday.
- 06/15/2020
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7 of the Best Bank Stocks to Cash In On
- I'm not usually a fan of big banks, but these seven bank stocks have massive growth potential thanks to their strong regional markets.
- 06/15/2020
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Public Sector Pension Investment Board Lowers Stock Holdings in Hess Corp. (NYSE:HES)
- Public Sector Pension Investment Board lowered its holdings in shares of Hess Corp. (NYSE:HES) by 42.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,934 shares of the oil and gas producer’s stock after selling 18,780 shares during the quarter. Public Sector Pension […]
- 06/15/2020
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Enable Midstream Partners LP (NYSE:ENBL) Given Consensus Rating of “Hold” by Brokerages
- Enable Midstream Partners LP (NYSE:ENBL) has earned a consensus recommendation of “Hold” from the ten research firms that are currently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 […]
- 06/14/2020
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HESS CORPORATION : Ex-dividend day for | MarketScreener
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HESS CORPORATION : Détachement de dividende | Zone bourse
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Hess to Participate in J.P. Morgan 2020 Energy, Power & Renewables Conference
- Hess to participate in J.P. Morgan 2020 Energy, Power & Renewables Conference
- 06/11/2020
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Swift Rotation into Big Cap Tech, as Russell Support Nears - Market Insights
- Since the global financial crisis in 2008, the theme in the overall market has been drastic outperformance in large-cap technology stocks such as the “FANG” names- Facebook (FB), Amazon (AMZN), Netflix (NFLX), Google (GOOGL). The aforementioned names are members of the Nasdaq-100 Index, which can be tracked by the ETF (QQQ). Last Friday, the QQQ …
- 06/11/2020
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Hess Corp.: Guyana Is Still The Main Inspiration (NYSE:HES)
- In the first quarter of 2020, Hess' revenues decreased to $1,369 million from $1,599 million in the same quarter a year ago. HES produced 349K net Boep/d in 1Q'
- 06/08/2020
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Here's Why You Should Retain Hess Corp. (HES) Stock for Now
- Hess Corp. (HES) estimates gross resources of more than 8 billion barrels of oil equivalent from its 16 promising discoveries in the Stabroek Block, offshore Guyana.
- 06/08/2020
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Negative pricing and option models in KRM22 Risk management Solutions - DirectorsTalk
- When oil futures prices went negative last week, it was the biggest shock in years in the oil market. Now, though, the market isn’t just accepting that as a one-time event. There are increasing signs that traders fully anticipate the same thing happening in June. – Avi Salzman – Barron’s As part of our mission to ...
- 06/08/2020
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Hess Corporation (HES): Hedge Funds Taking Some Chips Off The Table
- Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- 06/08/2020
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Magellan Midstream Partners, L.P. (NYSE:MMP) Shares Sold by Private Advisor Group LLC
- Private Advisor Group LLC cut its stake in shares of Magellan Midstream Partners, L.P. (NYSE:MMP) by 53.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 35,483 shares of the pipeline company’s stock after selling 41,273 shares during the period. Private Advisor Group LLC’s holdings in Magellan Midstream […]
- 06/07/2020
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Hess Corporation (HES): Hedge Funds Taking Some Chips Off The Table
- Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- 06/06/2020
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Hess (HES) Up 22.9% Since Last Earnings Report: Can It Continue?
- Hess (HES) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 06/06/2020
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3 Ways To Play The Oil Price Bounce
- Oil prices have fallen significantly as a result of the coronavirus, and smart money is now looking for the best value stocks in the energy sector
- 06/04/2020
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Shell, Murphy evacuating non-essential workers from U.S. Gulf due to storm
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U.S. oil companies monitor Gulf of Mexico storm - Oil & Gas 360
- The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
- 06/04/2020
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BP cuts Gulf of Mexico output, evacuates workers as storm approaches
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Occidental Petroleum removing non-essential workers in Gulf of Mexico ahead of storm
- Occidental Petroleum Corp is removing non-essential workers from some central Gulf of Mexico facilities ahead of Tropical Storm Cristobal, the company said on Wednesday. The company's Gulf of Mexico operations are continuing uninterrupted, the company said. Other Gulf of Mexico operators, including Chevron Corp , Exxon Mobil Corp, BHP Petroleum and Hess Corp , said on Wednesday they are monitoring the storm but have not evacuated workers so far.
- 06/03/2020
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U.S. oil companies monitor Gulf of Mexico storm
- U.S. oil companies monitor Gulf of Mexico storm
- 06/03/2020
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Hess Announces Regular Quarterly Dividend on Common Stock
- Hess announces regular quarterly dividend on common stock.
- 06/02/2020
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$40 Oil In Sight As OPEC+ Considers Extension
- Brent oil is nearing the $40 mark as rumors that the OPEC+ production cuts will be extended gain momentum
- 06/02/2020
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Tuesday Morning Market Highlights
- US stocks in the green, DICK'S Sporting Goods rises following financial results Continue reading...
- 06/02/2020
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Hess Could Be Sitting Pretty on an Oil Gusher When Demand Rebounds
- J.P. Morgan analyst Arun Jayaram upgraded Hess stock on Monday to Buy from Neutral. Jayaram raised the price target to $53 from $37 on the oil explorer.
- 06/01/2020
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Continental Resources: Navigating Through The Downturn (NYSE:CLR)
- Continental Resources might report a double-digit drop in output for Q2-2020, which, combined with weak oil prices, will push its earnings and cash flows lower.
- 06/01/2020
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Top Energy Stocks for June 2020
- The energy sector is comprised of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Popular energy sector stocks include upstream companies that are primarily engaged in the exploration of oil or gas reserves. Well-known companies in the sector are Hess Corp. (HES) and Diamondback Energy Inc. (FANG).
- 05/29/2020
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Core sector output contracts 38% in April owing to stalled economic activity
- In March, the output of the core sector that includes eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — had contracted 9%.
- 05/29/2020
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Core Industries Output Shrinks Sharply By 38% In April On Paused Economic Activity
- In April, core sector output declined sharply by 38.1 percent compared to 9 percent fall in the previous month, according to the growth rate of Index of Eight Core Industries released by the Ministry of Commerce and Industries on Friday. The Eight Core Industries comprise 40.27 percent of the weight of items included i
- 05/29/2020
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Oil Volatility Has Driven Demand In The Only 3X US Oil Exchange Traded Products
- With global supply at all-time highs and demand at record lows, the world’s most valuable commodity is at an economic crossroads. Let’s take a look at the...
- 05/26/2020
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Oil Volatility Has Driven Demand In The Only 3X US Oil Exchange Traded Products
- With global supply at all-time highs and demand at record lows, the world’s most valuable commodity is at an economic crossroads.
Let’s take a look at the West Texas...
- 05/26/2020
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State Governments face unprecedented financial crisis - Vanguard News
- The report stated as follows: “the states were expecting to share N3.3 trillion from the Federation Account during the year, they
- 05/25/2020
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Coronavirus Threatens to Hobble the U.S. Shale-Oil Boom for Years - Oil & Gas 360
- That is the growing view among top oil and natural-gas executives and experts, who say the coronavirus pandemic is going to thin the ranks of shale companies and leave survivors that are smaller, leaner and less able to pursue growth at any cost.
- 05/25/2020
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USD/CAD: Upside Likely Capped As Oil Market Rebounds
- USD/CAD can be viewed as a risk-off currency pair, since CAD correlates heavily with the performance of the global oil market. The recent decline in both risk s
- 05/24/2020
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Coronavirus Threatens to Hobble the U.S. Shale-Oil Boom for Years
- American shale drillers helped turn the U.S. into the world’s top oil producer, topping 13 million barrels a day earlier this year. It could be years, if ever, before they reach such heights again.
- 05/24/2020
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Predictive Modeling Suggests U.S. Markets 12% Overvalued
- Stocks Analysis by Chris Vermeulen covering: XAU/USD, Dow Jones Industrial Average, SPDR S&P 500, Gold Futures. Read Chris Vermeulen's latest article on Investing.com
- 05/24/2020
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Oil: What a Difference a Month Can Make - Market Insights
- In any normal year, the action that took place in oil markets this year would be the number one finance story hands down. With the COVID-19 pandemic, 2020 has not been a normal year, however. Crude Oil (@CL) saw the front-month futures contract plunge into negative territory (-$30!) for the first time in history last …
- 05/19/2020
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The Oil Market Is Betting People Want Crude for Christmas -- Update | MarketScreener
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The Oil Market Is Betting People Want Crude for Christmas | MarketScreener
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Major US Indexes Gain on Friday
- Shares of Applied Materials fall on weak earnings Continue reading...
- 05/15/2020
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Oil & Gas Stock Roundup: Linde, Phillips 66 & Marathon Petroleum Report Q1 Earnings
- Linde plc (LIN), Phillips 66 (PSX) and Marathon Petroleum (MPC) reported better-than-expected March quarter bottom line numbers.
- 05/12/2020
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Analysts Just Slashed Their Hess Corporation (NYSE:HES) EPS Numbers
- Today is shaping up negative for Hess Corporation (NYSE:HES) shareholders, with the analysts delivering a substantial...
- 05/12/2020
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Tracking Ken Fisher's Fisher Asset Management Portfolio - Q1 2020 Update
- Fisher’s 13F portfolio value decreased from $98.96B to $80.64B in Q1 2020. They reduced Johnson & Johnson, Pfizer, Procter & Gamble, SoftBank, HSBC and UBS to m
- 05/11/2020
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Hess Midstream Partners LP (HESM) Management on Q1 2020 Results - Earnings Call Transcript
- Hess Midstream Partners LP (NYSE:HESM) Q1 2020 Earnings Conference Call May 7, 2020 12:00 ET Company Participants Jennifer Gordon - Director of IR John Gatling
- 05/10/2020
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U.S. RESEARCH ROUNDUP-Becton Dickinson, Epam Systems, PayPal Holdings
- Wall Street securities analysts on Friday revised their ratings and price targets on several
U.S.-listed companies, including Becton Dickinson, Epam Systems and PayPal Holdings.
HIGHLIGHTS
* Becton Dickinson and Co : Citigroup raises price target to $260 from $234
* Carrols Restaurant Group Inc : Craig-Hallum raises to buy from hold; raises target price to $5 from $3.75
* Computer Programs and Systems Inc : Cantor Fitzgerald raises to overweight from neutral
* Epam Systems Inc : Citigroup raises price target to $265 from $245
* PayPal Holdings Inc : Citigroup raises price target to $145 from $131
Following is a summary of research actions on U.S. companies reported by Reuters on Friday. Stock entries are in alphabetical
order.
* Aaron's Inc : Keybanc cuts target price to $55 from $66
* Aaron's Inc : Raymond James cuts target price to $50 from $60
* Aaron's Inc : Stephens raises target price to $45 from $26
* Abeona Therapeutics Inc : RBC cuts target price to $7 from $11
* Acceleron pharma Inc : Credit Suisse raises target price to $123 from $99
* ACI Worldwide Inc : Canaccord Genuity cuts target price to $35 from $44
* Acushnet Holdings Corp : Jefferies raises target price to $25 from $24
* Acushnet Holdings Corp : JP Morgan raises target price to $30 from $27
* Adtran Inc : Cowen and Company raises price target to $13 from $9
* Aeglea Bio Therapeutics Inc : Needham cuts price target to $11 from $14
* Aerie Pharmaceuticals Inc : Citigroup cuts price target to $38 from $39
* Agco Corp : Citigroup cuts price target to $55 from $57
* AIG : KBW raises target price to $36 from $35
* Alaska Air Group Inc : Credit Suisse cuts target price to $51 from $82
* Allison Transmission Holdings Inc : Citigroup raises price target to $39 from $38
* Allscripts Healthcare Solutions : Cantor Fitzgerald cuts PT to $6 from $8
* Alteryx Inc : Guggenheim cuts target price to $130 from $160
* American Airlines : Credit Suisse cuts target price to $4 from $26
* Ameriprise Financial Inc : Credit Suisse raises target price to $165 from $153
* Ameriprise Financial Inc : Piper Sandler raises target price to $150 from $130
* Amerisourcebergen Corp : Baird raises target price to $115 from $109
* Amerisourcebergen Corp : Mizuho raises target price to $90 from $85
* Amtech Systems Inc : Cowen and Company raises target price to $7.50 from $7
* Angi Homeservices Inc : Needham raises target price to $11 from $8
* Ani Pharmaceuticals Inc : Guggenheim cuts target price to $48 from $58
* Ansys Inc : RBC raises target price to $260 from $230
* Anthem Inc : Bernstein raises target price to $357 from $342
* Appian Corp : Cowen and Company raises price target to $44 from $39
* Applied Optoelectronics Inc : D.A. Davidson raises target price to $12 from $10
* Applied Optoelectronics Inc : Piper Sandler raises target price to $10 from $7.50
* Aptiv Plc : Citigroup raises price target to $84 from $67
* ArcelorMittal SA : Keybanc raises target price to $15 from $13
* Arcturus Therapeutics Holdings Inc : Baird raises target price to $44 from $26
* Arcturus Therapeutics Holdings Inc : Guggenheim raises target price to $51 from $41
* Ares Capital Corp : Citigroup raises price target to $15 from $13
* Athersys Inc : Needham cuts price target to $5 from $6
* Atlas Air Worldwide Holdings Inc : Cowen and Company raises PT to $44 from $40
* Avalara Inc : Canaccord Genuity raises target price to $115 from $105
* Avalara Inc : JP Morgan raises target price to $120 from $104
* Avalara Inc : Mizuho raises price target to $120 from $85
* Avalara Inc : Piper Sandler raises target price to $113 from $90
* Avalonbay Communities Inc : Stifel raises target price to $176 from $171
* Avrobio Inc : Guggenheim raises target price to $50 from $49
* Axalta Coating Systems Ltd : RBC raises target price to $21 from $20
* Bausch Health Companies Inc : Piper Sandler cuts target price to $32 from $34
* Beacon Roofing Supply Inc : SunTrust Robinson raises target price to $26 from $24
* Beacon Roofing Supply Inc : Wedbush raises target price to $23 from $16
* Becton Dickinson and Co : Citigroup raises price target to $260 from $234
* Becton Dickinson and Co : Evercore ISI raises target price to $270 from $255
* Beyond Meat Inc : Berenberg raises price target to $125 from $115
* Bill.Com Holdings Inc : Canaccord Genuity raises target price to $65 from $50
* Bill.Com Holdings Inc : Jefferies raises target price to $70 from $45
* Bill.Com Holdings Inc : Keybanc raises target price to $76 from $60
* Bill.Com Holdings Inc : Needham raises target price to $90 from $55
* Biomarin Pharmaceutical Inc : Canaccord Genuity raises PT to $119 from $108
* BJ's Restaurants Inc : Wedbush cuts target price to $32 from $39
* Booking Holdings Inc : Credit Suisse raises target price to $1,810 from $1,790
* Booking Holdings Inc : Jefferies cuts target price to $1300 from $1350
* Booking Holdings Inc : Mizuho cuts price target to $1700 from $1720
* Booking Holdings Inc : RBC raises target price to $1,550 from $1,535
* Booking Holdings Inc : RBC raises target price to $1550 from $1535
* BorgWarner Inc : Citigroup raises price target to $30 from $23
* BorgWarner Inc : Credit Suisse raises target price to $33 from $31
* Bottomline Technologies (De) Inc : Citigroup raises price target to $46 from $43
* Bright Horizons Family Solutions Inc : Citigroup raises PT to $122 from $80
* Brightsphere Investment Group Inc : Evercore ISI raises target to $9 from $6
* Brightsphere Investment Group Inc : KBW raises target price to $9.50 from $7.25
* Brightview Holdings Inc : Credit Suisse cuts target price to $14 from $18
* Brightview Holdings Inc : Jefferies raises target price to $14 from $12
* Cabot Microelectronics Corp : Citigroup cuts price target to $140 from $175
* Cactus Inc : zephirin Group raises price objective to $12 from $8
* Calithera Biosciences Inc : Jefferies raises target price to $9 from $6
* Calyxt Inc : BMO cuts price target to $7 from $13
* Calyxt Inc : BMO cuts to market perform from outperform
* Camping World Holdings Inc : Credit Suisse raises target price to $12 from $11
* Camping World Holdings Inc : JP Morgan raises price target to $11 from $10
* Capstar Financial Holdings Inc : KBW raises target price to $11 from $10.50
* Cargurus Inc : BTIG raises target price to $26 from $23
* Carrols Restaurant Group Inc : Craig-Hallum raises to buy from hold; raises target price to $5 from $3.75
* Castlight Health Inc : Cantor Fitzgerald cuts target price to $1 from $2
* Catasys Inc : Canaccord Genuity raises target price to $36 from $35
* CBRE Group Inc : Evercore ISI cuts target price to $48 from $50
* CBRE Group Inc : KBW cuts target price to $51 from $52
* Centerpoint Energy Inc : Guggenheim raises target price to $26 from $25
* Centerpoint Energy Inc : Keybanc raises target price to $16 from $12
* Centurylink Inc : RBC cuts target price to $10 from $14
* CF Industries Holdings Inc : Citigroup cuts price target to $29 from $31
* CF Industries Holdings Inc : Scotiabank raises target price to $32 from $31
* ChannelAdvisor Corp : Needham raises price target to $14 from $11
* Charles River Laboratories International : Credit Suisse cuts PT to $159 from $162
* Charles River Laboratories International : Evercore ISI ups PT to $176 from $154
* Charles River Laboratories International : Jefferies raises PT to $161 from $139
* Charles River Laboratories International Inc : Citigroup raises price target to $190 from $165
* Chart Industries Inc : zephirin Group raises price objective to $25 from $17
* Charter Communications Inc : Benchmark raises price target to $600 from $523
* Chemours Co : Citigroup raises price target to $13 from $8
* Cimarex Energy Co : MKM Partners raises target price to $34 from $31
* City Holding Co : Stephens cuts target price to $63 from $64.
- 05/08/2020
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Edited Transcript of HES earnings conference call or presentation 7-May-20 2:00pm GMT
- Q1 2020 Hess Corp Earnings Call
- 05/08/2020
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Hess Corp (HES) Q1 2020 Earnings Call Transcript
- HES earnings call for the period ending March 31, 2020.
- 05/08/2020
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Travel Sites Take a Hit from the Pandemic -- Earnings at a Glance
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Hess sees no production shut-ins on hedges, storage capacity
- Hess Corp does not plan to shut-in production despite the recent slump in U.S. crude prices as it has hedged its output and chartered vessels to store its crude, the U.S. oil and gas producer said on Thursday.
- 05/07/2020
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Hess (HES) Q1 Earnings Beat on Strong Production Volumes
- Hess' (HES) first-quarter results are supported by higher oil and gas production from the prolific Bakken play and improvement in Midstream profits due to increased throughput volumes.
- 05/07/2020
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Hess Charters a Trio of Supertankers to Store Oil Production
- (Bloomberg) -- Hess Corp. is chartering a trio of supertankers to hold more than half of its North Dakota crude production as rapidly filling storage forces some drillers to curtail output.The U.S. oil explorer said it has enlisted three very-large crude carriers that will each store about 2 million barrels of oil produced in May, June and July from the Bakken shale field in North Dakota. Based on the company’s first-quarter production, Hess will be putting about 56% of its Bakken output on VLCCs over the next three months.Hess expects to sell those volumes in the fourth quarter of this year, the company said Thursday in its first-quarter earnings statement. The VLCC that will hold Hess’s May production is already in the Gulf of Mexico, according to a representative for the company. The other two will arrive later.As cities remain locked down in response to the Covid-19 pandemic, oil producers are being forced to shut in or curtail output. Companies have announced 616,000 barrels of oil per day worth of May shut-ins, according to Rystad Energy. In June, that rises to 655,000 barrels a day.(Updates with portion of total output beginning in first paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 05/07/2020
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Hess deepens spending cuts, posts quarterly loss on virus-fueled oil rout
- U.S. oil and gas producer Hess Corp on Thursday introduced deeper spending cuts after reporting a quarterly loss due to impairment charges of $2.25 billion on some oil-producing assets amid the coronavirus crisis.
- 05/07/2020
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Hess (HES) Reports Q1 Loss, Lags Revenue Estimates
- Hess (HES) delivered earnings and revenue surprises of 7.69% and -8.98%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 05/07/2020
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Hess posts quarterly loss, deepens spending cuts on virus-fueled oil rout
- U.S. oil and gas producer Hess Corp on Thursday introduced deeper spending cuts after reporting a quarterly loss due to impairment charges of $2.25 billion on some oil-producing assets amid the coronavirus crisis.
- 05/07/2020
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Hess Reports Estimated Results for the First Quarter Of 2020
- Hess Reports Estimated Results for the First Quarter Of 2020
- 05/07/2020
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Hess Reports Estimated Results for the First Quarter Of 2020
- Hess Reports Estimated Results for the First Quarter Of 2020
- 05/07/2020
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Hess (HES) Gears Up for Q1 Earnings: What's in the Cards?
- Higher production is likely to reflect on Hess' (HES) first-quarter results. However, lower commodity price realizations are likely to have offset the positives.
- 05/06/2020
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The Oil And Gas Situation: Bleak In The U.S., Surprisingly Positive In Latin America - Oil & Gas 360
- The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
- 05/06/2020
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3 Ways To Play The Oil Price Bounce
- Oil prices have fallen significantly as a result of the coronavirus, and smart money is now looking for the best value stocks in the energy sector
- 05/04/2020
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Guyana has no plans to cut crude output despite price drop: official
- Guyana has no plans to cut crude output despite a plunge in oil prices, the government's top energy official said on Monday, adding that shutting down production could prove costly and harm future output.
- 05/04/2020
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'Like watching a train wreck': The coronavirus effect on North Dakota shale oilfields
- Oil executive Bill Kent was with fellow managers in the Colorado board room of Resource Energy headquarters on April 20 when benchmark U.S. crude prices collapsed to minus $37 a barrel. Sitting six feet apart because of the coronavirus, they knew the pandemic was not only a personal matter.
- 05/04/2020
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INSIGHT-'Like watching a train wreck': The coronavirus effect on North Dakota shale oilfields
- Oil executive Bill Kent was with fellow managers in the Colorado board room of Resource Energy headquarters on April 20 when benchmark U.S. crude prices collapsed to minus $37 a barrel. Sitting six feet apart because of the coronavirus, they knew the pandemic was not only a personal matter.
- 05/04/2020
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'Like watching a train wreck': The coronavirus effect on North Dakota shale oilfields
- 'Like watching a train wreck': The coronavirus effect on North Dakota shale oilfields
- 05/04/2020
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Global Demulsifier Market 2020 Segmentation Analysis, Key Players, Industry Share and Forecast by 2025
- May 03, 2020 (CDN Newswire via Comtex) --
MarketsandResearch.biz has added a new market research study entitled Global Demulsifier Market 2020 by...
- 05/03/2020
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Is Hess Corporation Stock a Buy?
- On the one hand, Hess' stock is down 26.8% so far this year, and its dividend yield is now about 2%. On the other hand, oil prices have collapsed and demand has evaporated. Let's dig deeper to see if Hess looks like a buy at its current prices.
- 05/02/2020
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Oil & Gas US Integrated Industry Outlook Shadowed by Coronavirus
- Oil & Gas US Integrated Industry Outlook Shadowed by Coronavirus
- 04/30/2020
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Oil & Gas US Integrated Industry Outlook Shadowed by Coronavirus
- Weak upstream and downstream businesses continue to hurt U.S. integrated energy players.
- 04/30/2020
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Earnings Preview: Hess (HES) Q1 Earnings Expected to Decline
- Hess (HES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/30/2020
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Earnings Preview: Hess (HES) Q1 Earnings Expected to Decline
- Hess (HES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/30/2020
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Calamos Advisors LLC Decreases Position in Hess Corp. (NYSE:HES)
- Calamos Advisors LLC cut its stake in shares of Hess Corp. (NYSE:HES) by 32.4% during the first quarter, HoldingsChannel reports. The firm owned 294,282 shares of the oil and gas producer’s stock after selling 141,121 shares during the quarter. Calamos Advisors LLC’s holdings in Hess were worth $9,800,000 at the end of the most recent […]
- 04/30/2020
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Saka Energi Indonesia (P.T.) -- Moody's downgrades Saka Energi to B1; changes outlook to negative
- Moody's Investors Service has downgraded the corporate family rating (CFR) of Saka Energi Indonesia (P.T.) to B1 from Ba2. At the same time, Moody's has downgraded the rating on its senior unsecured notes to B1 from Ba2. The outlook on the ratings has changed to negative from rating under review.
- 04/30/2020
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Hess (HES) Set to Announce Quarterly Earnings on Thursday
- Hess (NYSE:HES) is set to announce its earnings results before the market opens on Thursday, May 7th. Analysts expect the company to announce earnings of ($0.41) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link. Hess (NYSE:HES) last posted its earnings results on Wednesday, […]
- 04/30/2020
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Energy stocks extend rally as crude jumps 30%-plus
- Oil and gas names (XLE +5.9%) soar to the top of today's S&P sector leaderboard, as crude oil runs to highs of the day after U.S. stockpiles rose by 9M barrels for the week ending April 24, well b
- 04/29/2020
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Goldman Sachs says now is the time to buy energy stocks —and reveals 24 companies that it's betting will thrive in an economic recovery
- Goldman Sachs said investors should "get more positive" on energy stocks and detailed its top picks in each corner of the industry.
- 04/29/2020
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