Hess (HES) to Sell U.S. Terminal Network; Taps Goldman to Advise

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Hess (HES) Looks to Exit Terminals, Sell Refinery in Transition to E&P Company

January 28, 2013 11:05 AM EST

Hess Corp (NYSE: HES) is looking to exit the refining business while simultaneously getting interest from a private equity firm looking to gain more control over management.

Earlier, the company issued a press release stating it was looking to sell its U.S.... More

Hess (HES) Receives Hart-Scott-Rodino Notification Notice from Elliott Associates

January 28, 2013 8:42 AM EST

Hess Corporation (NYSE: HES) announced today that Elliott Associates, L.P. and its associated entity Elliott International Limited notified Hess this past Friday in writing that they intend to file a Hart-Scott-Rodino Notification and Report Form seeking regulatory clearance to acquire additional Hess shares... More

Hess (HES) Ramps on Divestiture News

January 28, 2013 8:35 AM EST

Hess Corp. (NYSE: HES) is up a quick 5% following news it is selling its U.S. terminal network and exit refining business.... More