I've followed hess for more than 10 years. they are good at what they do and have some excellent properties globally. The problem is $45 oil puts almost all of their liquids production in the red. The situation could become dire if prices stay under $50 until 2016. Stay away.
Total global sales for the holiday period were $2.94 billion, a 6.7% decline compared to the 2013 holiday sales period, or -4.0% in constant currency. Due to the current strength of the U.S. dollar, the company’s sales were negatively impacted by foreign currency exchange rates as described in this release.