NYSE:HES - New York Stock Exchange, Inc. - US42809H1077 - Common Stock - Currency: USD
XOM and partners raked in $10.4B from Guyana in 2024 as output rose and the basin tightened under their control.
CVX stock has come under pressure in recent months as legal hurdles, Venezuela losses, and falling EPS estimates weigh on its outlook.
Hess (HES) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
“Business carries on as normal," said senior vice president Neil Chapman, even if the decision favors Chevron.
Occidental Petroleum and Hess Corporation are strong operators in the oil and gas industry. OXY currently has the edge over HES with a higher dividend yield and lower valuation.
Mentions: OXY
J.P. Morgan and Citigroup jointly manage the bookrunning for the offering.
XOM and CVX battle in arbitration over Hess' stake in Guyana's oil-rich Stabroek Block, with 11B barrels and industry influence on the line.
Merger-arbitrage funds’ biggest wager of the year faces a crucial test in the coming days, as a private arbitration panel begins hearing Exxon Mobil Corp.’s challenge to Chevron Corp.’s $53 billion takeover of Hess Corp.
Continental Resources, a petroleum and natural gas exploration and production company headquartered in Oklahoma City, filed a lawsuit against Hess Corp (NYSE:HES) in federal court. The latter is accused of manipulating internal agreements and inflating midstream fees, extracting up to $69 million at the expense of its partners. The lawsuit directly implicates Hess Midstream LP […]
BEIJING/SHANGHAI (Reuters) -China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-U.S. trade war. The widely expected rate cuts are aimed at stimulating consumption and loan growth as the world's No. 2 economy softens, while still protecting commercial lenders' shrinking profit margins. Still, the size of the rate reductions was mild and reflected the incremental pace of monetary easing in recent years and what analysts interpreted as some wariness among policymakers for more aggressive steps while they navigate the trade war with the United States.
HOUSTON (Reuters) -U.S. shale producer Continental Resources has filed a lawsuit against Hess Corp alleging that it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries. Continental said that Hess, which operates hundreds of wells in North Dakota, artificially inflated midstream service fees by entering into agreements with its own subsidiaries. Net revenues for hydrocarbons from the wells, in which Continental holds a non-operating working interest, were far below market value due to excessive service fees paid to Hess Midstream Partners, the lawsuit said.
Mentions: HESM
Occidental's strong presence in the Permian Basin and contribution from international assets are boosting its performance amid its exposure to the fluctuating commodity prices.
Hess Corp., the US oil producer widely known for its signature green-and-white toy trucks, said the release of a collection on new miniature vehicles was delayed because of trade tariffs.
We recently published a list of Billionaire Glenn Russell Dubin’s 10 Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where Hess Corporation (NYSE:HES) stands against other billionaire Glenn Russell Dubin’s stock picks with huge upside potential. Glenn Russell Dubin is one of the industry’s most experienced […]
Even without trouble from tariffs, Indie Semiconductor stock is probably a sell.
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We recently published a list of the 13 Best Energy Stocks to Buy Right Now. In this article, we are going to take a look at where Exxon Mobil Corporation (NYSE:XOM) stands against other best energy stocks. The worldwide energy industry has recently been rattled by a combination of factors, including the trade war sparked by […]
We recently published a list of the 13 Best Energy Stocks to Buy Right Now. In this article, we are going to take a look at where Hess Corporation (NYSE:HES) stands against other best energy stocks. The worldwide energy industry has recently been rattled by a combination of factors, including the trade war sparked by President […]
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CVX has trimmed its second-quarter buyback target to $2.5-$3 billion from $3.9 billion in Q1, reflecting the shaky macro landscape and Brent crude's slide.
Sector ETF report for XOP
After power outages left Portugal and Spain in the dark, the world might have woken up to the fact that fossil fuels are still necessary.
Chevron Corp. Chief Executive Officer Mike Wirth says he remains confident his company will prevail against in an arbitration case against Exxon Mobil Corp. and close its $53 billion deal to buy Hess Corp.