Showing posts with label HES. Show all posts
Showing posts with label HES. Show all posts

Tuesday, January 27, 2015

4 Reasons To Consider Hess Corporation

This article was first published by Seeking Alpha on January 8, 2015.

By Sarfaraz A. Khan. Research Asst. Adnan Mushtaq

Oil prices have fallen by around 50% over the last six months to their lowest levels in five years, which led to steep drops in several exploration and production stocks. However, this could be a buying opportunity for investors looking for exposure to high-quality names such as Hess Corp. (NYSE:HES). The company is in a good position to face the weak oil pricing environment while growing production from its core assets. Here are four reasons to consider Hess.

Thursday, December 4, 2014

Low Oil Prices Won’t Stop Hess, Others From Investing Billions in Gulf of Mexico

This article was originally published by TheStreet on November 6, 2014
By Sarfaraz A. Khan. Research Asst: Daniel L. 
NEW YORK (TheStreet) -- Oil prices have fallen to multi-year lows of around $80 a barrel, but that is not going to stop oil producers like Hess (HES) from spending billions to develop their deep-water properties in the Gulf of Mexico.

Friday, October 24, 2014

Hess Midstream Partners' IPO Could Boost Shareholder Value

 This article was originally published by TheStreet on Sep. 26 
NEW YORK (TheStreet) -- On Wednesday, Hess  (HES) revealed its subsidiary Hess Midstream Partners has filed for a $250 million initial public offering with the Securities and Exchange Commission. This could be great news for shareholders.
Structured as a master limited partnership, or MLP, the offering "will create value" for Hess's shareholders, Fadel Gheit, senior analyst at Oppenheimer, told TheStreet through an email.

Saturday, June 15, 2013

This Revamped Energy Firm Is a Buy


From The Motley Fool. June 8, 2013
By Sarfaraz A. Khan
Research Assistant: G. Yousuf
Hess' (NYSE: HES), four-month battle with billionaire Paul Singer’s Elliott Management has finally come to an end with the most dramatic change in the oil company’s board in its 80-year history. A total of nine of the 14 board members are being replaced with new ones, which also includes three out of five of Paul Singer’s nominees.  
In return, Elliot Management, the second-largest shareholder in Hess, will