Hess Corp (HES.N)
5 Mar 2015
NEW YORK - Alternative investment manager group Oaktree Capital Management LP has completed the purchase of Hess Corp's 50 percent share of its proprietary energy trader, Hess Energy Trading (HETCO), according to a statement on Thursday.
WILLISTON, N.D., Feb 4 - Halliburton, Statoil ASA, Hess Corp and other North Dakota energy companies have decided, for now, not to lay off staff in the No. 2 U.S. oil producing state, hoping to be prepared for any prolonged rebound in crude prices.
Jan 28 - Oil and natural gas producer Hess Corp posted a lower-than-expected profit on Wednesday, as a steep fall in global crude prices eroded results.
Jan 28 - Oil and natural gas producer Hess Corp reported a loss compared with a profit a year earlier, when it reported after-tax gains of $1.34 billion related to asset sales.
WILLISTON, N.D., Jan 26 - Oil and natural gas producer Hess Corp cut its capital budget by 16 percent on Monday, saying it has balanced concerns about slipping crude prices with growth projects in places like North Dakota crucial to the company's future.
WILLISTON, N.D., Jan 26 - Oil and natural gas producer Hess Corp cut its 2015 capital budget by 16 percent from last year's levels on Monday, saying the cuts should help the company safeguard its growth projects amidst low commodity prices.
Nov 10 - Oil and gas producer Hess Corp boosted its five-year production forecast on Monday, shrugging off the recent sharp drop in oil prices and touting development of shale formations and deepwater wells.
Nov 10 - Oil and gas producer Hess Corp boosted its five-year production forecast on Monday, citing strength in output from North Dakota's Bakken shale formation and the Utica shale in Ohio.
(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.