Hess Corp (HES.N)
|Market Cap (Mil.):||$25,507.29|
|Shares Outstanding (Mil.):||307.72|
(Adds stock movement, comments by CEO and president, details on effects of drop in prices)
Oct 29 - Oil and gas producer Hess Corp said on Wednesday its quarterly net income more than doubled due in part to gains from recent asset sales and a production jump in North Dakota's Bakken shale formation.
HOUSTON, Oct 28 - U.S. independent oil company Hess Corp. said on Tuesday it would proceed with the development of the $6 billion Stampede project in the U.S. Gulf of Mexico, one of the biggest energy investments announced during the current oil price slump.
HOUSTON, Oct 28 - Venezuela's PDVSA and Hess Corp have reached a tentative agreement to sell their 350,000-barrel-per-day Hovensa refinery to Atlantic Basin Refining, the U.S. Virgin Islands' governor said in a statement on Tuesday.
(Adds Amazon, Hess, Dolby Laboratories, Numericable; updates Chiquita Brands, Valeant Pharmaceuticals, GE Capital, BHP Billiton)
NEW YORK - Alternative investment management group Oaktree Capital Management L.P. has purchased Hess Corp's share of proprietary energy trader HETCO, and will inject $500 million to fund the New York-based outfit's expansion into new commodity markets.
Oct 23 - Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 4.5 percent rise in third-quarter revenue, helped by higher demand and improved rates for its ultra-deepwater rigs.
COPENHAGEN, Oct 20 - Denmark has received a record number of applications for oil and gas permits in its latest licensing round, including from A.P. Moller-Maersk's oil unit, Royal Dutch Shell and Hess .
HOUSTON, Sept 24 - Hess Midstream Partners, a master limited partnership (MLP), filed for a $250 million initial public offering representing an interest in Hess Corp's North Dakota oil and gas storage facilities and processing plants, according to a regulatory filing on Wednesday.
* PDVSA tries to sell most of its foreign refining assets (Adds reaction from PDVSA, Duff & Phelps)