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Stock Market & Financial Investment News

News Breaks
July 21, 2013
18:27 EDTHESHess could rise to mid-$80s, Barron's reports
Shares of Hess, driven by management's focus on exploration and production, could reach the mid-$80s, Barron's contends in a feature article. Reference Link
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April 23, 2014
08:00 EDTHESHess Corp. announces sale of Thailand assets for $1B to PTTEP
Hess Corporation announced it has sold its interests in both the Sinphuhorm and Pailin Fields located in Thailand to PTT Exploration and Production Public Company Limited for a total after-tax consideration of approximately $1B, effective July 1, 2013. Together, the two assets produced an average of 17,000 barrels of oil equivalent per day net to Hess in 2013. Hess will use the proceeds from this sale to continue repurchasing shares under its existing $4B authorization.
06:21 EDTHESPTTEP to buy Hess Corp.'s Thailand assets for $1B
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