Hess Corp. (HES) Tops Q1 EPS by 29c, Beats on Revenues

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Go back to Hess Corp. (HES) Tops Q1 EPS by 29c, Beats on Revenues

UPDATE: KLR Group Downgrades Hess Corp. (HES) to Hold

April 26, 2018 7:48 AM EDT

(Updated - April 26, 2018 7:50 AM EDT)

(updated to add analyst comment)

KLR Group downgraded Hess Corp. (NYSE: HES) from Buy to Hold with a price target of $64.00 (from $63.00).

Analyst John Gerdes comments "We are downgrading Hess...due to year-to-date share repurchases (~8 million... More

Hess Corp. (HES) PT Raised to $58 at Piper Jaffray

April 23, 2018 6:27 AM EDT

Piper Jaffray raised its price target on Hess Corp. (NYSE: HES) to $58.00 (from $52.00) while maintaining a Overweight rating.

... More

Libya examines Total-Marathon purchase, casting doubt on deal: sources

April 23, 2018 5:26 AM EDT

By Aidan Lewis and Ahmad Ghaddar

TUNIS/LONDON (Reuters) - Libya is considering whether to intervene in a $450 million deal that French major Total announced last month to buy a Marathon Oil (NYSE: MRO) stake in the country's Waha concessions, several sources familiar with the matter told Reuters.

Officials were considering a range of options ranging from pushing for better terms - after some in the oil industry and the media said the price was too low - to a counter-offer from the state National Oil Corporation (NOC), the sources... More