|Bid||64.61 x 1800|
|Ask||65.29 x 1100|
|Day's Range||64.69 - 66.15|
|52 Week Range||35.59 - 71.06|
|Beta (3Y Monthly)||2.27|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 30, 2019|
|Forward Dividend & Yield||1.00 (1.53%)|
|1y Target Est||71.67|
Hess (HES) intends to use the cash proceeds from Hess Midstream's structural simplification to fund Guyana and Bakken Shale development opportunities.
Hess Corporation (HES) announced today that it will hold a conference call on Wednesday, October 30, 2019 at 10 a.m. Eastern Time to discuss its third quarter 2019 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 3542157 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 3542157. This conference call will also be accessible by webcast (audio only).
Hess Corporation (HES) will receive approximately $275 million in cash and approximately 115 million newly issued units in Hess Midstream Partners LP (HESM) as part of a proposed transaction announced today by HESM. Under the terms of the proposed transaction, HESM will acquire Hess Infrastructure Partners LP (HIP), a 50/50 joint venture between Hess Corporation and Global Infrastructure Partners, including HIP’s 80% interest in HESM’s oil and gas midstream assets, HIP’s water services business and the outstanding economic general partner interest and incentive distribution rights in HESM.
The newest numbers showed that daily crude output remained above one million barrels for the 30th month, further confirming North Dakota as one of the hottest shale plays in the United States.
Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the tenth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders who consider sustainability when making investment decisions. Only the most sustainable companies in each industry are considered each year for index membership.
ExxonMobil's (XOM) Tripletail-1 well, which is drilled at a depth of 2,003 meters of water, is located about five kilometers northeast of the Longtail discovery.
Hess Corporation (HES) today announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana. After completion of operations at Tripletail, the Noble Tom Madden drillship will next drill the Uaru-1 well, located approximately 6 miles (10 kilometers) east of the Liza Field. “Tripletail is the 14th discovery on the Stabroek Block and further underpins the Turbot area as a major development hub,” said CEO John Hess.
The Board of Directors of Hess Corporation today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on September 30, 2019 to holders of record at the close of business on September 16, 2019.
The newest numbers showed that daily crude output remained above one million barrels for the 29th month, further confirming North Dakota as one of the hottest shale plays in the United States.
Oil markets are on edge as trade war uncertainty has once again taken center stage, with Mike Pompeo’s harsh comments about Huawei counteracted by wavier extension for the Chinese tech giant