Societe Generale Upgrades Hess Corp. (HES) to Buy

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Deutsche Bank Maintains Buy on Hess (HES), Supports Restructuring

March 5, 2013 11:55 AM EST

Deutsche Bank today maintained a Buy rating on Hess Corp. (NYSE: HES) with a price target of $80.00.

Analyst Paul Sankey said, "Overall we think that for Hess the Bakken can be a standalone business trading at a higher multiple than... More

ISI Group Upgrades Hess Corp. (HES) to Buy

March 5, 2013 8:57 AM EST

ISI Group upgraded Hess Corp. (NYSE: HES) from Neutral to Buy with a price target of $77.00.

For an analyst ratings summary and ratings history on Hess Corp. click here. For more... More

Hess (HES) Plans Transition Into Pure-Play E&P Firm; Names 5 Board Nominees

March 4, 2013 7:06 AM EST

Hess Corporation (NYSE: HES) announced several initiatives marking the culmination of its multi-year strategic transformation into a pure play exploration and production (E&P) company. The Company today also announced a slate of five highly qualified independent director nominees for election at this years Annual Meeting, and appointed an additional independent director who will stand for election at the 2014 Annual Meeting.

Once complete, the transformed Hess will have a focused portfolio of higher growth and lower risk E&P assets. With attractive, oil linked reserves, Hess anticipates achieving a five year compound average annual... More