Hess Corporation (HES) has been the central point of interest for many top investors recently. Investment firms such as
Adage Capital Management and
Citadel Investment Group have displayed great confidence in Hess, marking it as a top stock to buy. Chevron, an energy sector giant has bought 5% of Hess stock and publicly stated confidence in their pending merger. The corporation has been maintaining a steady
quarterly dividend showing stable financial health. Earnings estimates provided by Capital One Financial for
Hess's Q1 earnings are reportedly weak, however investors remain positive. Kiker Wealth Management LLC, Proficio Capital Partners LLC and Natixis Advisors LLC are among a few to expand their stake in Hess. The CEO of Hess is upbeat about the potential in
Guyana and expects high oil demand. The corporation seems to be gearing up for a promising Q1 results. Multiple equity sales observed from different management firms, but upcoming earnings anticipation and merger with Chevron keep the sentiment optimistic. However, the finalizing of acquisition hasn't been as smooth as anticipated which is causing share prices to fluctuate.
Hess Corporation HES News Analytics from Fri, 12 Jul 2024 07:00:00 GMT to Sat, 22 Mar 2025 11:32:13 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -4
