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Hess Corporation Message Board

  • boiler_room_bermuda boiler_room_bermuda Jan 26, 2012 1:32 PM Flag

    HESS insider buying last year

    HESS family members still control a large portion of this stock. I don't like the honcho talking about a national gas tax. HESS should rid itself of all refinery and gasoline station assets. Then all foreign holdings, including Libya, should be liquidated NOW while oil is still floating around $100 per barrel. Then HESS should concentrate on the Bakken and other North American production assets with mountains of cash, and zero debt. What do with the extra cash? Pay a more appropriate cash dividend, and, buy back the cheap shares.

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