Hess Corporation (HES) is highlighted across several key areas. It is considered an advantageous retirement portfolio addition due to its stability and strong financial performance. Various financial institutions, including
Gabelli Funds LLC and
Seven Eight Capital LP, have significantly invested, showcasing confidence in the corporation.
Increased dividends have been announced, further cheering investors. Future performance expectations remain high, with a consensus target price of $171.31. Despite a 2.2% decrease since the last earnings report, the company is projected to rebound. Recent news indicates HES has been
underperforming the energy sector, but Hess Corporation is still
favored by hedge funds due to aggressive growth. Speaking of partnerships, Hess is presently looking for new partners for offshore project block 59 in Suriname. Amid ongoing merger talks,
shareholders approved a $53 billion deal with Chevron, although it's facing arbitration and lengthy delays. The proposed merger has been taken into consideration by Wall Street, and
Hess's dividend has increased to $0.50 per share.
Hess Corporation HES News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 22 Sep 2024 14:01:24 GMT -
Rating 1
- Innovation 5
- Information 8
- Rumor -6
