Dahlman Rose Starts Hess Corp. (HES) at Hold
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Price: $156.94 +0.45%
Rating Summary:
18 Buy, 22 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
Rating Summary:
18 Buy, 22 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
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Dahlman Rose initiates coverage on Hess Corp. (NYSE: HES) with a Hold.
The firm comments, "We view Hess' ongoing portfolio transition, above-average leverage to oil, and recent success in unconventional resources positively. However, expected flattish near-term production growth and a relatively high debt load keeps us on the sidelines for now."
For an analyst ratings summary and ratings history on Hess Corp. click here. For more ratings news on Hess Corp. click here.
Shares of Hess Corp. closed at $50.02 yesterday.
The firm comments, "We view Hess' ongoing portfolio transition, above-average leverage to oil, and recent success in unconventional resources positively. However, expected flattish near-term production growth and a relatively high debt load keeps us on the sidelines for now."
For an analyst ratings summary and ratings history on Hess Corp. click here. For more ratings news on Hess Corp. click here.
Shares of Hess Corp. closed at $50.02 yesterday.
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