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Stock Market & Financial Investment News

News Breaks
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.
News For HES From The Last 14 Days
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May 27, 2015
08:03 EDTHESHarris CapRock selected by Hess Corp. for systems integration contract
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May 20, 2015
07:26 EDTHESUBS to hold a conference
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May 18, 2015
10:01 EDTHESOn The Fly: Analyst Downgrade Summary
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06:44 EDTHESHess Corp. downgraded to Neutral from Buy at Goldman
Goldman downgraded Hess to Neutral and lowered its price target to $68 from $80 based on reduced upside from lower oil/gas price forecasts.

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