Hess Corp


  • HOUSTON, April 22- An agreement between the United States, Iran and other world powers designed to curtail Iran's nuclear program is effective and would work if implemented, U.S. "It's a long term process with constraints coming off at various time frames as confidence improves" in Iran's nuclear intentions. A framework agreement that would curb Iran's nuclear...

  • The assumption is that oil firms will finish work on those wells, known as "ducks" in the industry jargon, once oil prices recover further and North Dakota activates its tax relief in response to a long market slump. "You know you have an 800- pound gorilla that is potentially going to come after you if the price goes up," Jackson Hockley, an analyst at wealth manager...

  • 5 stocks to buy on oil's high supply Thursday, 2 Apr 2015 | 6:42 PM ET
    An oil well owned an operated by Apache Corp. in the Permian Basin, Garden City, Texas.

    "Fast Money" traders discussed how to play the Iran nuclear agreement's effect on an already heavily supplied oil market.

  • Trading the oil pullback: 5 plays on volatility Tuesday, 31 Mar 2015 | 6:37 PM ET
    A worker with Apache in the Permian Basin in Mentone, Texas.

    CNBC "Fast Money" traders picked their best plays on the continued up-and-down movement in oil prices.

  • March 25- Oil and gas producers Hess Corp and Ireland's Petroceltic International Plc agreed to pull out of the Dinarta license in Iraqi Kurdistan due to the fall in oil prices and disappointing well results, Petroceltic said. Petroceltic's London- listed shares fell as much as 5.5 percent in morning trade. Petroceltic, which owns 16 percent of the venture, said...

  • Workers at 11 companies haul in $3.5M each! Friday, 20 Mar 2015 | 8:57 AM ET
    Workers enter an Exxon Mobil refinery

    Employees at 11 non-financial companies in the Standard & Poor's 500 brought in more revenue apiece than any other in America. USA TODAY reports.

  • Will plunging oil force energy dividend cuts? Monday, 16 Mar 2015 | 6:38 PM ET
    oil crude gas

    Several big oil companies are expected to pay more in dividends than they will earn in 2015. Can the stocks really maintain these fat yields?

  • Did your company cut the most jobs in 2014? Friday, 13 Mar 2015 | 11:55 AM ET
    Hess oil gas truck

    Ten companies in the Standard & Poor's 50 reported the largest percentage drops in the employee numbers in 2014, USA Today reports.

  • Hedge funds dig deep in energy company bets Thursday, 19 Feb 2015 | 7:24 PM ET

    Activist hedge funds are buying stakes in North American oil and gas producers whose stocks have fallen because of the collapse of energy prices.

  • NEW YORK, Feb 19- Elliot Management Corp. and Omega Advisors Inc. are among activist hedge funds buying stakes in North American oil and gas producers whose stock has fallen because of weaknesses exposed by the collapse of energy prices. This month Citigroup cut its crude price forecasts, saying West Texas Intermediate could go as low as $20 a barrel before...

  • Thursday's midday movers: DuPont, FireEye & more Thursday, 5 Feb 2015 | 12:26 PM ET
    Traders on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's midday movers:

  • Wednesday's midday movers: Comcast, Apple & more Wednesday, 4 Feb 2015 | 12:16 PM ET
    Traders on the floor of the New York Stock Exchange.

    Take a look at some of Wednesday's midday movers:

  • Tuesday's midday movers: Target, Lear, NYT & more Tuesday, 3 Feb 2015 | 1:01 PM ET
    NYSE New York Stock Exchange traders markets

    Take a look at some of Tuesday's midday movers:

  • WILLISTON, N.D., Jan 30- Chevron Corp halted its 2015 share repurchase program on Friday, a move designed to conserve cash amid tumbling oil prices and its latest cost-cutting step after slashing capital spending. The move echoed similar steps earlier this week by Royal Dutch Shell, Hess Corp, ConocoPhillips and others to conserve cash in an environment where the...

  • HOUSTON/ WILLISTON, N.D., Jan 29- ConocoPhillips and Occidental Petroleum Corp on Thursday slashed exploration spending plans for this year, as the third- and fourth-largest U.S. oil companies attempt to cope with a steep slide in crude prices. The cuts follow similar steps by rival Hess Corp earlier this week while Royal Dutch Shell, Europe's largest oil company,...

  • Midday movers: Petrobras, Advent Software & more Wednesday, 28 Jan 2015 | 12:59 PM ET
    Wall Street New York Stock Exchange NYSE American Flags

    Some of Wednesday's midday movers:

  • Hess reports 4Q loss Wednesday, 28 Jan 2015 | 11:26 AM ET
    A customer refuels at a Hess gas station in Falls Church, Virginia, Jan. 26, 2015.

    Hess Corp. on Wednesday reported a fourth-quarter loss of $8 million, after reporting a profit in the same period a year earlier.

  • How to trade the historic blizzard Monday, 26 Jan 2015 | 11:59 AM ET
    Man shoveling show following a snow storm in Buffalo last November.

    The historic blizzard bearing down on the East Coast will likely be bullish for energy and public utility firms, if the past is any guide.

  • HOUSTON, Jan 21- Leading U.S. pipeline Kinder Morgan Inc said on Wednesday it will enter North Dakota's Bakken shale with a $3 billion acquisition of Hiland Partners, a pipeline and logistics company founded by Continental Resources Chief Executive Officer Harold Hamm. "The Bakken is the one producing basin in which Kinder Morgan doesn't have a large presence,"...

  • HOUSTON, Jan 21- Leading pipeline company Kinder Morgan Inc will buy Hiland Partners, a pipeline and logistics company founded by Continental Resources Inc Chief Executive Officer Harold Hamm, for $3 billion, the company said on Wednesday. Hiland Partners builds and operates oil gathering and transportation pipelines and natural gas gathering and...