Hess Corporation (formerly Amerada Hess Corporation) is an American global independent ... Hess sold its gas station network to Marathon Petroleum (which operates ... argued Amerada's oil reserves would contribute the lion's share of assets for the ... It also noted that Hess will sell its holdings in Indonesia and Thailand.
Oct 25, 2017 ... Hess Corporation is a US based independent energy company ... The company is rejuvenating itself by shedding non-core assets such as the ...
Latest Breaking news and Headlines on Hess Corporation (HES) stock from Seeking Alpha. ... in 2018, as part of its plan for the use of proceeds from asset sales. ... “Strong profitability continues to encourage refiners to keep running hard , with refining .... has projects in offshore Guyana, Gulf of Mexico, and Gulf of Thailand.
The latest news and updates on Hess Corporation (HES) mergers and acquisitions. ... Hess sells Permian Basin enhanced oil recovery assets to Occidental for $600M .... Hess selling Thai assets for $1B as part of further streamlining ... Hess (HES +3.8%) shares are strong on Murphy Oil's (MUR +8.8 %) move to spin off its ...
Dec 4, 2013 ... Hess estimates that its overall oil production could grow as much as 8% through 2017. ... While transforming its board and speeding up asset sales, Hess has resisted calls to ... But some investors are still clamoring for that move, which they argue would ... Hess has said it will be cash flow positive by 2015.
May 28, 2014 ... And from Hess' perspective, not only does the move mark "the culmination ... nearly double the EBITDA margins of Hess' retail business, Good notes. ... including the sale of offshore assets in Indonesia and Thailand and the sale ... While Hess' asset sales have taken a toll on its production, they've allowed ...
Jul 31, 2013 ... Hess Corporation sells Energy Marketing business for $1.025 billion to Direct Energy ... Today's sale brings YTD asset sale proceeds to ~$4.5bn, enabling HES to reach ... is HES' producing assets in Indonesia & Thailand (UBSe $2.7bn) . .... Hess Moves Guyana Resource Estimate Closer to 1.4 Billion BOE.
Apr 22, 2014 ... PTT Exploration & Production Pcl, Thailand's biggest publicly listed oil and natural gas explorer, agreed to pay about $1 billion cash for Hess ...
Find out more about Hess Corporation including an overview, stats, history and other Oil & Gas competitors. ... Employees praise the good people and good pay. ... has producing interests in Denmark, Equatorial Guinea, Malaysia, and Thailand. ... The asset sales also allow Hess to funnel money into its promising Guyana ...