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Hess Corporation HES - News Analyzed: 3,998 - Last Week: 100 - Last Month: 500

↗ Hess Corporation (HES) - A Prospective Energy Leader Amid Successful Q3 and Chevron's Acquisition

Hess Corporation (HES) - A Prospective Energy Leader Amid Successful Q3 and Chevron's Acquisition
Hess Corporation (HES), which seems to be an integral part of Guyana’s economic growth, is currently in various portfolios including those of Ken Griffin and hedge funds. There are signs of strong interest from industry players like Thompson Siegel & Walmsley LLC and Massachusetts Financial Services; and financial institutions like Swiss National Bank, B. Metzler seel. Sohn & Co. Holding AG, and Natixis Advisors LLC have added HES shares to their holdings. Hess is regularly participating in industry events, like the Wolfe Research Oil & Gas conference. The corporation's stock performance is showing variability compared to market and competitors. It posted strong gains on certain days and underperformed on others. Hess senior VP Schoonman's $851,460 sale of HES stocks has sparked some speculation. Hess Corporation, notwithstanding, is recognized as a promising Energy stock according to various Hedge Funds, which view it as an aggressive growth stock. Hess’ Q3 earnings surpassed estimates with revenues increasing YoY. The major point of discussion, however, is Chevron’s acquisition of Hess Corp, which has faced some regulatory hiccups but finally received FTC clearance, though with John Hess barred from board. Despite mercurial stock performance and merger delays, Hess continues to reward its stockholders with an attractive 14.3% quarterly dividend hike.

Hess Corporation HES News Analytics from Wed, 13 Mar 2024 20:20:05 GMT to Sat, 23 Nov 2024 17:32:00 GMT - Rating 2 - Innovation 1 - Information 6 - Rumor -5

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