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Hess Corporation (HES) [hlAlert]

Rating:
Equal Weight
HES
down 17.33 %

Hess Corporation (HES) rated Equal Weight with price target $104 by Barclays

Posted on: Wednesday,  Oct 22, 2014  1:25 PM ET by Barclays

Barclays rated Equal Weight Hess Corporation (NYSE: HES) on 10/22/2014. Previously Barclays rated Overweight Hess Corporation (NYSE: HES) on 04/22/2013.,
when the stock price was $67.45. Since then, Hess Corporation has lost 17.33% as of 01/12/2016's recent price of $55.76.
If you would have followed the previous Barclays's recommendation on HES, you would have lost 17.33% of your investment in 995 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.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2014 1:25 PM Buy
None
81.24 104.00
as of 10/17/2014
1 Week down  -4.76 %
1 Month down  -20.51 %
3 Months down  -20.15 %
1 YTD down  -5.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/22/2013 12:25 PM Buy
None
67.45 86.00

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