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Market Watch (Free subscription) | 11/20/2009
NEW YORK (MarketWatch) -- Morgan Stanley on Friday upgraded Hess Corp. to overweight from equal-weight and lifted its price target to $75 a share from $65 a share. "We are upgrading Hess on value, oil leverage, and the return of exploration catalysts in the second half of 2010," said analyst Evan Calio. The stock offers modest upstream growth of 2.7% and a strong value...
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BloggingStocks (Free subscription) | 11/06/2009
Filed under: Stocks to Buy So far, institutional investors (IIs) have not noticed that Hess Corp.'s (NYSE: HES ) upstream operations (exploration and production) should benefit from high oil prices in the $80 per barrel range. But the argument here is that eventually they will, preferably starting in early 2010, which is why I'm reiterating my Buy rating for the company, first recommended...
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GuruFocus Updates (Free subscription) | 11/06/2009
By 10qk. Hess Corp. ( HES ) filed Quarterly Report for the period ended 2009-09-30. Read more » »
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CEOWORLD Magazine (Free subscription) | 10/30/2009
Spain’s biggest oil company, Repsol YPF SA (REP.MC), said on Friday that it had discovered a “significant” oil find in two wells in the Gulf of Mexico in partnership with BHP Billiton (BHP.AX)(BLT.L) and Hess Corporation (HES.N. The discoveries were made in the Shenzi field where the companies already produce more than 120,000 barrels of crude oil per day, 20 percent more than designed capacity,...
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SeekingAlpha Energy Stocks (Free subscription) | 10/28/2009
Hess Corp. ( HES ) Q3 2009 Earnings Call October 28, 2009; 10:00am ET Complete Story »
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Market Watch (Free subscription) | 10/28/2009
NEW YORK (MarketWatch) -- Hess Corp. said Wednesday its third-quarter net income fell to $341 million, or $1.05 a share, from $775 million, or $2.37 a share in the year-ago period. The New York-based oil and gas company increased its production by 16% to 420,000 barrels a day, from 361,000 barrels a day. Revenue fell to $7.38 billion from $11.4 billion. Wall Street analysts expected...
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Market Wire (Free subscription) | 10/26/2009
HOUSTON, TX (MARKET WIRE) SEG 2009 -- NVIDIA announced today that Hess Corp., a leading global independent energy company, is using HP Z800 workstations outfitted with NVIDIA(R) Quadro(R) graphics processing units (GPUs) and NVIDIA SLI(R) Multi-OS technology to investigate reducing IT costs while increasing productivity for geosciences professionals.
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NewsWatch: Energy (Free subscription) | 10/14/2009
Houston's Newfield Exploration Co. said it is joining up with Hess Corp. to explore up to 140,000 acres in the Marcellus shale in Pennsylvania. Financial terms of the JV weren't released, but the firms will be working primarily in Susquehanna...
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San Fransisco Chronicle (Free subscription) | 10/14/2009
Oil and natural gas producer Newfield Exploration Co. on Wednesday signed an agreement with oil and gas company Hess Corp. to jointly explore 140,000 gross acres of the Marcellus Shale play in Pennsylvania. Each company will hold a 50 percent stake in the... Sponsored Topics: Natural gas - Business - Energy - Oil and Gas - Pennsylvania