Hess Corp. (HES) CEO Buys $2.5M Common

May 1, 2012 11:09 AM EDT Send to a Friend
Hess Corp. (NYSE: HES) shares are moving higher following a transaction by CEO John Hess.

According to a filing with the U.S. SEC, on April 30th, 2012, Hess acquired 48,000 common Hess Corp. shares in open market transactions at an average price of $52.0017 per share. Gross cost was $2,496,082.

Following the transaction, Hess holds 333,435 Hess Corp shares.

Hess Corp. is trading about 3.4 percent better Tuesday morning.


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