Hess Corporation
Latest Hess Corporation News and Updates
Net Worth John Hess Built His Net Worth in the Oil and Gas Industry
The U.S. should do more to stabilize oil prices, Hess Corp. CEO John Hess told CNBC. His family's involvement in the oil industry has helped build his net worth.Energy & Utilities Perfect Storm for Natural Gas—What Are the Top Stock Picks?
With nearly 100 percent gains YTD, natural gas has become one of the top-performing commodities in 2021. What are the best natural gas stocks to buy now?Energy & Utilities Why oil takeaway capacity in the Bakken can affect earnings
The availability of takeaway capacity from the Bakken can affect producers’ earnings.Earnings Report ConocoPhillips: 2015 Operational Highlights, 2016 Guidance
ConocoPhillips’s (COP) total production volume in 2015 was 1,589 Mboe/d excluding Libya. This represents a 5% year-over-year growth after adjusting for asset dispositions and downtime.Macroeconomic Analysis XLE Outperforms USO Last Week
The Energy Select Sector SPDR ETF (XLE) fell 0.66% in the week ended September 11. XLE tracks a diverse group of 45 of the largest American energy stocks in the S&P 500 Index (SPX).Energy & Utilities Why oil prices spiked on tensions in Gaza and Ukraine
Early last week, WTI crude oil had eased to close to $99 following Libya’s restarting exports from major ports and abating fears over supply disruptions in Iraq.Company & Industry Overviews Who’s the energy company achiever, and who are the laggards?
Let’s see which energy company stands out as the most efficient in reducing debt loads and improving leverage ratios and which ones are laggards.Macroeconomic Analysis Crude Oil Prices Rally Due to Short Covering
WTI (West Texas Intermediate) crude oil futures contracts for January delivery rose slightly by 0.4% and closed at $43.04 per barrel on Wednesday.Energy & Utilities Are You Looking at the Right Oil-Weighted Stocks?
On May 16, US crude oil June futures rose 0.3% and closed at $71.49 per barrel, a more-than-three-year high.Energy & Utilities Why US Crude Oil Prices Are Steady
On June 14, Russia and Saudi Arabia announced a bilateral framework to increase cooperation and manage the oil market.Macroeconomic Analysis Crude Oil Bear Market: Worst Case Scenarios for 2016
Goldman Sachs (GS) suggests crude oil prices could test $20 per barrel in a worst case scenario in 2016.Macroeconomic Analysis Why Did RBOB Gasoline Outperform Heating Oil?
The EIA reported RBOB gasoline futures contract 1 prices at $1.30 per gallon on November 23, representing a fall of ~1.8% from $1.32 per gallon on October 16.Energy & Utilities Should Energy Investors Be Cautious with Oil-Weighted Stocks?
On March 7, US crude oil April futures fell 2.3% and closed at $61.15 per barrel. Here’s what you need to know.Financials Why investors should buy stocks during an uptrend
Stocks are in an uptrend when they’re making higher highs and higher lows. An uptrend forms when psychological or fundamental factors are improving.Financials Why downtrends and sideways trends impact investors
It’s advisable to sell stocks on bounces when the stock is in a downtrend. In a sideways trend, it’s advisable to buy stock at support levels and sell at resistance levels.Energy & Utilities Must-know: Why crude oil inventories can affect prices
Every week, the U.S. Energy Information Administration (or EIA) reports figures on crude inventories, or the amount of crude oil stored in facilities across the United States.Energy & Utilities Why the US Imposed Sanctions on Iran and Why They Matter
The United States first imposed restrictions on its activities with Iran in 1979, after the seizure of the US embassy in Tehran.Energy & Utilities Using Implied Volatility to Forecast Oasis’s Stock Price Range
Oasis Petroleum (OAS) stock’s current implied volatility is ~ 50.22%, which is ~2.08% higher than its 15-day average of 49.19%.Energy & Utilities Forecasting Apache’s Stock Price Range
The current implied volatility in Apache’s stock (APA) is ~37.79%. In comparison, the Energy Select Sector SPDR ETF (XLE) has an implied volatility of 17.8%.Energy & Utilities Could Permian Basin Drive Growth in US Crude Oil Production?
In its November Short-Term Energy Outlook (or STEO) report, the EIA forecast that US crude oil production in 2017 would average 9.2 million barrels per day.Company & Industry Overviews How Has CLR Performed Compared to S&P 500 and Dow Jones?
Let’s take a look at Continental Resources’ (CLR) stock performance in comparison to the performances of the S&P 500 Index and the Dow Jones Oil & Gas Index since 2011.Earnings Report Whiting Petroleum’s Implied Volatility: Key Trends
Whiting Petroleum’s (WLL) implied volatility as of February 22, 2017, was 48.5%, which was ~4.3% lower than its 15-day average of 50.7%.Earnings Report What Analysts Recommend for Hess after 3Q16 Earnings
About 42% of analysts rate Hess a “buy,” and ~58% rate it a “hold.” The average target price of $64.89 implies a return of ~29% in the next 12 months.Company & Industry Overviews Apache Announces a New Oil and Gas Discovery
On September 7, 2016, Apache (APA) announced a new resource play, Alpine High, in the Delaware Basin of Texas.Earnings Report What Analysts Recommend for Apache after 2Q16 Earnings
Approximately 33% of analysts rate Apache (APA) a “buy,” and 55% rate it a “hold.” The remaining 12% rate it a “sell.”Company & Industry Overviews Continental Resources: An Introduction
In this series, we will analyze how badly Continental Resources (CLR) was hit by weak oil prices, and what measures it has taken to counter this situation. In 2015, crude oil accounted for 66% of CLR’s total production and 85% of its revenues.Company & Industry Overviews Newfield Exploration Stock Is Up, but for How Long?
With the recent rally in crude oil prices, Newfield Exploration (NFX) stock has been on an uptrend. On March 1, 2016, it crossed its 50-day moving average for the first time in 2016.Miscellaneous Gold-Oil Ratio Is at a Historic High: Why Isn’t the Bottom Near?
A rise in the ratio can be correlated the corresponding rise in gold prices. An increase in the ratio indicates that gold is more expensive than crude oil.Earnings Report Anadarko Petroleum Slashes Its 2016 Capital Expenditure Budget
Anadarko Petroleum’s preliminary capex (capital expenditure) budget for 2016 is $2.8 billion—nearly 50% less than 2015 levels.Macroeconomic Analysis WTI and Brent Crude Oil Prices in 2015, Lowest since 2009
US benchmark WTI crude oil prices averaged at $49 per barrel in 2015. WTI and Brent crude oil prices closed below $40 per barrel in 2015.Company & Industry Overviews Marathon Oil’s Relative Valuation: A Comparison with Its Peers
In this part of the series, we’ll look at Marathon Oil’s (MRO) relative valuation against its peers’ multiples.Company & Industry Overviews Hess Moves below its 200-Day Moving Average
On December 11, 2015, Hess was trading 17% below its 200-day moving average, a strong upside resistance for the stock. It has narrowed the gap considerably since October.Company & Industry Overviews An Analysis of Apache’s Free Cash Flow Trends
Apache’s free cash flow has been mostly negative in the past nine quarters. In 2Q15, it reported FCF of $157 million despite weakness in commodity prices.Macroeconomic Analysis How Does the US Dollar Index Influence Crude Oil Prices?
Crude oil and the US Dollar Index are inversely related. The appreciation of the US dollar will negatively influence crude oil prices.Macroeconomic Analysis A Volatile Week for Crude Oil Prices: Analyzing the Key Reasons
WTI crude oil prices closed 1.83% higher on a weekly basis at $46.05 per barrel in the week ended September 4. Brent crude fell by 0.87% on a weekly basis, closing at $49.61 on September 4.Macroeconomic Analysis What caused the WTI-Brent spread to widen?
Capping the month with a gain of 3.1% since January 30, WTI’s (West Texas Intermediate) increase has been small compared to Brent’s 18% increase.Earnings Report An overview of ExxonMobil
Exxon Mobil’s (XOM) stock price went up 2.4%, to $96.71, on October 31, 2014. Starting in November 2013, Exxon Mobil’s share price went up by 1.5%.