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Hess Corp (HES.N)

HES.N on New York Stock Exchange

57.92USD
18 Apr 2018
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Fri, Mar 9 2018

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Hess boosts share buyback, averts new fight with activist investor

HOUSTON Oil producer Hess Corp on Thursday disclosed plans to buy back an additional $1 billion in shares by the end of 2018, averting a second tangle with activist hedge fund Elliott Management on the eve of nominations for the Hess board.

UPDATE 3-Hess boosts share buyback, averts new fight with activist investor

HOUSTON, March 8 Oil producer Hess Corp on Thursday disclosed plans to buy back an additional $1 billion in shares by the end of 2018, averting a second tangle with activist hedge fund Elliott Management on the eve of nominations for the Hess board.

Oil producer Hess to buy back $1 billion shares

Hess Corp said on Thursday it would buy back $1 billion worth of shares by the end of 2018, becoming the latest U.S. oil and gas producer to do so amid a recovery in oil prices.

Elliott Management supports Hess buyback on eve of proxy deadline

HOUSTON, March 8 Elliott Management pulled back from efforts to call for substantial changes at oil company Hess Corp on Thursday on the eve of the deadline to nominate directors for the company's board.

Oil producer Hess to buy back $1 bln shares

March 8 Hess Corp said on Thursday it would buy back $1 billion worth of shares by the end of 2018, becoming the latest U.S. oil and gas producer to do so amid a recovery in oil prices.

Oil from shale will be resilient with oil at $50: Hess CEO

NEW YORK Oil production from shale formations will account for an increasingly large percentage of global oil production, Hess Corp. CEO John Hess said in Houston Monday.

Oil from shale will be resilient with oil at $50 -Hess CEO

NEW YORK, March 5 Oil production from shale formations will account for an increasingly large percentage of global oil production, Hess Corp. CEO John Hess said in Houston Monday.

BRIEF-Hess Corp Files For Potential Mixed Shelf Offering Size Not Disclosed - SEC Filing

* HESS CORP FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING Source text (http://bit.ly/2F2EYtW) Further company coverage: (Reuters.Brief@thomsonreuters.com)

Aker Energy buys Hess Ghana business, expects first oil in 2021

OSLO Norwegian billionaire Kjell Inge Roekke's Aker Energy plans "significant" oil exploration and production in Ghana after a $100 million deal to buy Hess Corporation's business there.

UPDATE 2-Aker Energy buys Hess Ghana business, expects first oil in 2021

* Likely to seek financial or industrial partners (Adds interview with Aker CEO, share, details)

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