U.S. Markets closed
  • S&P 500

    3,655.04
    -38.19 (-1.03%)
     
  • Dow 30

    29,260.81
    -329.60 (-1.11%)
     
  • Nasdaq

    10,802.92
    -65.00 (-0.60%)
     
  • Russell 2000

    1,655.88
    -23.71 (-1.41%)
     
  • Crude Oil

    76.41
    -2.33 (-2.96%)
     
  • Gold

    1,628.70
    -26.90 (-1.62%)
     
  • Silver

    18.33
    -0.58 (-3.09%)
     
  • EUR/USD

    0.9611
    -0.0077 (-0.7977%)
     
  • 10-Yr Bond

    3.8780
    +0.1810 (+4.90%)
     
  • Vix

    32.26
    +2.34 (+7.82%)
     
  • GBP/USD

    1.0688
    -0.0169 (-1.5551%)
     
  • USD/JPY

    144.6630
    +1.3430 (+0.9371%)
     
  • BTC-USD

    19,130.59
    +183.49 (+0.97%)
     
  • CMC Crypto 200

    439.03
    +5.93 (+1.37%)
     
  • FTSE 100

    7,020.95
    +2.35 (+0.03%)
     
  • Nikkei 225

    26,431.55
    -722.28 (-2.66%)
     

Hess to sell half of Bakken midstream assets for $2.68 bln

June 11 (Reuters) - Oil and natural gas producer Hess Corp said it will sell half of its Bakken midstream assets to Global Infrastructure Partners for $2.68 billion.

The joint venture, valued at $5.35 billion, plans to file for an initial public offering, upon closing of the transaction, Hess said on Thursday.

Hess said in July it plans to form a publicly traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field.

(Reporting by Amrutha Gayathri in Bengaluru; Editing by Don Sebastian)