Hess Corp. (HES) Misses Q1 EPS by 2c

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Go back to Hess Corp. (HES) Misses Q1 EPS by 2c

Hess Corp. (HES) PT Raised to $60 at KLR Group; Williston Basin Capital Productivity Improvement

April 26, 2017 1:41 PM EDT

KLR 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