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Hess Corporation (HES) [hlAlert]

down 32.90 %

Hess Corporation (HES) rated Overweight with price target $95 by Atlantic Equities

Posted on: Monday,  Nov 18, 2013  8:25 AM ET by Atlantic Equities

Atlantic Equities rated Overweight Hess Corporation (NYSE: HES) on 11/18/2013, when the stock price was $83.11. Since
then, Hess Corporation has lost 32.91% as of 01/12/2016's recent price of $55.76.
If you would have followed this Atlantic Equities's recommendation on HES, you would have lost 32.9% of your investment in 785 days.

Hess Corporation (Hess) is a global integrated energy company that operates in two segments: Exploration and Production (E&P) and Marketing and Refining (M&R). The E&P segment explores for, develops, produces, purchases, transports and sells crude oil and natural gas. These exploration and production activities take place principally in Algeria, Australia, Azerbaijan, Brazil, Denmark, Egypt, Equatorial Guinea, Gabon, Ghana, Indonesia, Libya, Malaysia, Norway, Russia, Thailand, the United Kingdom and the United States. The M&R segment manufactures, purchases, transports, trades and markets refined petroleum products, natural gas and electricity. As of December 31, 2008, the Company owned a 50% interest in a refinery joint venture in the United States Virgin Islands, and another refining facility, terminals and retail gasoline stations located on the East Coast of the United States.

Atlantic Equities
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2013 8:25 AM Buy
83.11 95.00
as of 12/13/2013
1 Week down  -2.36 %
1 Month down  -5.00 %
3 Months   
1 YTD down  -5.00 %

(*) Stock Price at the time of the recommendation.
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