|Day's Range||0.7500 - 1.0700|
The newest numbers showed that daily crude output remained above one million barrels for the 28th month, further confirming North Dakota as one of the hottest shale plays in the United States.
Tropical Storm Barry is expected to bring heavy rain and cause dangerous flooding across southeastern Louisiana.
Hess Corp NYSE:HESView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is moderate and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is moderate for HES with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 25. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $4.43 billion over the last one-month into ETFs that hold HES are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. HES credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Hess Corporation (HES) published its 2018 Sustainability Report today, providing a comprehensive review of the company’s strategy and performance on environmental, social and governance programs and initiatives. “We believe sustainability is fundamental to our long-term strategy and performance and supports our purpose to be the world’s most trusted energy partner,” CEO John Hess said.
Hess Corp. might have run too far, too fast. Investors may want to consider taking profits in this one, Jim Cramer said during the Lightning Round of Mad Money on Monday night. In this daily bar chart of HES, below, we can see three potential peaks in April, May and June.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
Whiting Petroleum might report positive earnings this quarter compared to an adjusted net loss of $0.16 per share last quarter. On June 24, Suntrust Robinson reduced its target price on Whiting Petroleum by $5 to $35.
Investors need to pay close attention to Hess Corporation (HES) stock based on the movements in the options market lately.
Meanwhile, gasoline futures shot up 5% on Philadelphia Energy Solutions' decision to permanently close its oil refinery in Philadelphia following last week's devastating fire.
Hess Corporation (HES) announced today that it will hold a conference call on Wednesday, July 31, 2019 at 10 a.m. Eastern Time to discuss its second quarter 2019 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 8892577 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 8892577. This conference call will also be accessible by webcast (audio only).
Clashes in Libya drove oil prices to multi-month highs last week. Pullbacks in these three energy sector ETFs provide a trading opportunity.
On June 25–July 1, Hess is expected to close between $58.82 and $64.36 68% of the time. The forecast is based on Hess’s implied volatility of 38.5%.
On June 26, the EIA is scheduled to announce last week’s US crude oil inventory data. A fall of equal to or more than ~7 million barrels could help the inventories spread contract. A Reuters poll suggests a fall of 2.9 MMbbls.
Hess's forward EV-to-EBITDA multiple is ~7.5x Analysts’ mean target price ~$70.83, which implies a potential upside of ~15% based on its last closing price.
Disturbances in Iran intensified on Jun 13, when two oil tankers were set on fire in the Strait of Hormuz, for which the United States blamed Tehran.
The federal governments EIA report revealed that crude inventories fell by 3.1 million barrels for the week ending Jun 14, after rising to a nearly 2-year high in the previous week.