Chevron acquires Hess for $53B
Digest more
Hess Corporation's performance this year has exceeded that of the oil and gas E&P industry, yet Wall Street analysts are reasonably bullish on the stock.
Oil and gas producer Hess Corp. (NYSE: HES) has been a multi-year winner, delivering investors more than 228% returns in the last five years, against the S&P 500 (ARCA: SPY), which has delivered ...
Chevron completed its purchase of Hess after prevailing in a legal dispute with Exxon over one of the most promising oil projects in the world.
Hess Midstream offers stable returns via a fee-based model and Hess Corp partnership, but risks like concentration and debt loom. See more on HESM here.
Shares of Hess Corp. HES inched 0.35% higher to $101.09 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.21% to 3,647. ...