Form 8-K HESS CORP For: Apr 26
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Hess Corp. (HES) PT Raised to $60 at KLR Group; Williston Basin Capital Productivity Improvement
April 26, 2017 1:41 PM EDTKLR Group raised its price target on Hess Corp. (NYSE: HES) to $60.00 (from $58.00) while maintaining a Buy rating.
John Gerdes cites the almost 5% improvement in U.S. capital intensity related to Williston Basin execution.
"Hesss mid-cycle capital yield is ~120% versus the industry... More
