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Murphy Oil Corp

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  • Why Traders Are Saying 'Yes' to Hess Tuesday, 5 Mar 2013 | 2:53 PM ET

    One options trader has made a bet that Hess's rally would continue. Should you follow suit?

  • March 4- Hess Corp will offload its energy trading arm, Hetco, and exit its retail gasoline and marketing businesses by 2015 after pressure from investors accelerated plans to break up the company's sprawling energy empire.

  • Hess to Exit Retail to Focus on Oil, Gas Exploration Monday, 4 Mar 2013 | 10:26 AM ET

    Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.

  • *Raises dividend to $1 from 40 cents. March 4- Oil and gas company Hess Corp will exit its retail, energy marketing and energy trading businesses following pressure from its third-largest shareholder- activist investor Elliott Management- to break up the company.

  • *Raises dividend to $1 from 40 cents. March 4- Oil and gas company Hess Corp will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company. The company also said it would buy back up to $4 billion of its stock and increase its annual dividend to $1 from 40 cents, beginning July.

  • Dan Loeb's Third Point was the clear hedge fund standout in a horrible year for the industry as almost nine out of 10 managers underperformed the S&P 500.

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