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Stock Market & Financial Investment News

News Breaks
January 10, 2014
08:32 EDTHESHess completes sale of Pangkah asset in Indonesia
Hess completed the previously announced sale of its Pangkah asset to a subsidiary of PT Saka Energi Indonesia, which exercised its pre-emption rights, for a total after tax consideration of $650M comprising the sale of equity interests in certain holding entities and certain inter-company debts. The asset, located off the coast of Indonesia, produced an average of 9K barrels of oil equivalent per day net to Hess in the first three quarters of 2013.
News For HES From The Last 14 Days
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January 28, 2015
09:15 EDTHESOn The Fly: Pre-market Movers
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07:37 EDTHESHess Corp. sees 2015 average production 350K-360K boepd
Hess Corporation expects production, excluding Libya, to average between 350,000 boepd to 360,000 boepd in 2015, an increase of 10%-13% from pro forma production of 318,000 boepd in 2014. The increased production in 2015 will be driven by a full year of production from the Tubular Bells Field in the Gulf of Mexico following first production in late 2014.
07:36 EDTHESHess Corp. says taking 'prudent steps' in 2015 to reduce spending
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07:35 EDTHESHess Corp. reports year-end total proved reserves 1.431B boe
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07:34 EDTHESHess Corp. reports Q4 adjuted EPS 18c, consensus 20c
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January 27, 2015
15:35 EDTHESNotable companies reporting before tomorrow's open
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January 26, 2015
17:20 EDTHESHess Corp. sees FY15 CapEx $4.7B, down 16% from $5.6B spend in FY14
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January 23, 2015
10:02 EDTHESOn the Fly: Analyst Downgrade Summary
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07:00 EDTHESHess Corp. downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded Hess Corp to Neutral given the slowdown in onshore activity and reduced valuations in the Gulf of Mexico and Bakken. Price target cut to $72 from $85.
January 20, 2015
17:04 EDTHESOceaneering announces Hess Stampede Project umbilicals and hardware contract
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