HES Chart

1 Month

	Date	Diff
	2023-12-07	-2.97 %
The article discusses talks of a potential merger between Australian oil and gas producers Woodside Energy and Santos, which could create a giant energy group, but emphasizes that there is no certainty that the discussions will lead to a transaction. The stock for Hess Corporation (HES) went down -2.97% with no specific reason mentioned in the article. Hess Corporation (HES) stock went down by -2.97% last night, but the article does not provide an explanation for the decrease.
	2023-12-06	-1.52 %
The article discusses Chevron Corporation's expected capital expenditure for 2024, including plans to allocate two-thirds of their planned expenditure to the United States, and approximately $6.5 billion for the development of Chevron's U.S. shale and tight portfolio. As for the decrease in Hess Corporation (HES) stock, the article does not provide a specific reason for the decline. The article notes that the stock of Hess Corporation (HES) went down 1.52% last night, but does not provide an explanation for the decline.
	2023-11-30	+0.72 %
The article is about Halper Sadeh LLC, an investor rights law firm, investigating several companies for potential violations of securities laws and breaches of fiduciary duties relating to their sale transactions, including Hess Corporation. The reason for the increase in Hess Corporation's stock is not mentioned in the article.
	2023-11-24	+0.7 %
The article discusses the increase in hedging activity by U.S. oil producers, particularly Hess Corporation (HES), which may be a factor in the recent rise in the company's stock.
	2023-11-14	+0.76 %
The stock of Hess Corporation (HES) went up by 0.76% last night due to the announcement of a unit repurchase agreement by its subsidiary, Hess Midstream LP, which will provide a return of capital to shareholders and increase distributable cash flow per Class A share. Hess Corporation announced that the Payara development on the Stabroek Block offshore Guyana has commenced production, leading to an increase in the stock price, and the increased production capacity on the Stabroek Block is a contributing factor to the stock going up.
	2023-11-08	-1.53 %
The article discusses the drop in corporate dealmaking in 2023 and its impact on the M&A market, citing factors such as global economic uncertainty, geopolitical conflicts, regulatory hurdles, and concerns over interest rate hikes and antitrust regulations. The author mentions that some companies are opting to wait before engaging in deals. However, there are green shoots, as evidenced by recent all-stock acquisitions by Chevron and Exxon Mobil. There is optimism that deal activity will pick up once stability is achieved.
	2023-11-07	-1.91 %
The article discusses an investigation by Halper Sadeh LLC into potential violations of federal securities laws and breaches of fiduciary duties by various companies, including Hess Corporation (HES), which recently experienced a decline in its stock price. The reason for the decline is not mentioned in the article.
	2023-11-01	-1.49 %
Hess Corporation (HES) stock went down by 1.49% last night, and the reason for the decline is not mentioned in the article.
	2023-10-30	+1.31 %
Chevron Corporation has proposed a $60 billion equity acquisition of Hess Corporation, which includes a 30% stake in the Stabroek Block in Guyana. The acquisition is expected to boost Chevron's production and cash flow, although it carries risks due to volatility in oil prices and lack of diversification. Hess Corporation's stock went up due to the acquisition offer. Hess Corporation (HES) stock went up 1.31% because Chevron's acquisition of Hess, which will give Chevron access to high-quality assets in the Bakken shale play, is expected to increase oil production in the region.
	2023-10-27	-6.46 %
The article discusses Chevron Corporation's Q3 2023 earnings, which saw a decrease in earnings per share and resulted in a drop in pre-market trade shares. The decline is attributed to lower upstream realizations, reduced margins on refined product sales, international downstream weakness, and maintenance operations at the Richmond refinery. The article discusses Chevron Corporation's third-quarter earnings and financial highlights. The stock of Chevron Corporation (HES) went down by -6.46% last night. The reason for the stock decline is not mentioned in the article. The article reports that Chevron Corporation (NYSE: CVX) had lower-than-expected earnings for the third quarter of 2023, causing its stock to decline by 2%. The decrease in earnings was attributed to lower upstream realizations and lower margins on refined product sales.
	2023-10-26	-0.79 %
Chevron Corporation is set to announce its third-quarter results, and while the company's stock has seen strong gains in recent years, it underperformed the S&P 500 in 2023. The decline in stock price could be due to uncertainties in the macroeconomic environment, such as high oil prices and elevated interest rates. However, Chevron's acquisition of Hess Corporation is expected to enhance its production and free cash flow growth outlook. Hess Corporation (HES) stock went down by -0.79% last night, possibly due to the overall decline in oil prices and the consolidation of the American shale patch through mergers and acquisitions.
	2023-10-25	-0.53 %
Hess Corporation (HES) stock went down by 0.53% last night. The decrease in stock price may be attributed to lower realized selling prices and a decrease in adjusted after-tax results compared to the prior-year quarter, despite an increase in net production and overall net income for the third quarter of 2023. Hess Corporation (HES) stock went down by -0.53% due to lower-than-expected net income and adjusted EBITDA in the third quarter of 2023, despite increased quarterly cash distribution and higher throughput volumes for gas gathering, gas processing, terminaling, and water gathering. Hess Corporation's stock went down by -0.53% after the company reported earnings for the third quarter that beat analyst estimates, and after announcing its acquisition by Chevron.
	2023-10-24	-3.77 %
The article states that Moore Kuehn, a law firm, is investigating potential claims regarding the fairness of proposed mergers involving various companies, including Hess Corporation. The reason for the decline in Hess Corporation's stock is not mentioned in the article. In the article, Chevron announced its acquisition of Hess Corporation for $53 billion, causing the stock to drop by 3.77%. The decrease in stock price may be due to concerns about the acquisition and its impact on the company's future performance. The article is about Halper Sadeh LLC, an investor rights law firm, investigating potential violations of securities laws and breaches of fiduciary duties relating to the sale of Hess Corporation to Chevron Corporation, and the stock of Hess Corporation going down by -3.77%. The reason for the stock going down is not mentioned in the article.
	2023-10-23	-1.06 %
The article explains that Hess Corporation's stock went down by 1.06% due to Chevron's announcement of acquiring the company in an all-stock deal, along with the overall decrease in crude oil prices. Chevron is set to acquire Hess Corporation in a $53 billion all-stock deal, which will give Chevron exposure to Guyana's offshore oil reserves and diversify its portfolio, causing Hess Corporation's stock to go down. Chevron has agreed to acquire Hess Corporation in an all-stock deal worth $53 billion, resulting in a 1.06% drop in Hess's stock; the deal is seen as an opportunity for Chevron to strengthen its portfolio and gain access to Hess's assets in Guyana and US shale positions.
	2023-10-09	+5.31 %
Hess Corporation (HES) stock went up 5.31% due to rising geopolitical tensions in the Middle-East and the expectation of increased defense spending as a result of the Israel-Hamas conflict.
	2023-10-05	-0.92 %
The article announces that Hess Corporation will hold a conference call to discuss its third-quarter 2023 earnings release, and the stock went down by 0.92% last night. The reason for the stock decrease is not provided in the article.
	2023-09-20	-1.74 %
Hess Corporation (HES) stock went down by 1.74% due to the announcement that Hess Midstream LP will repurchase approximately $100 million of Class B units from affiliates of Hess Corporation and Global Infrastructure Partners, which is expected to provide immediate accretion to shareholders and increase distributable cash flow per Class A share.
	2023-09-06	-0.01 %
The article discusses the challenges faced by the integrated energy players in the Zacks Oil & Gas US Integrated industry, including the volatility in oil and gas prices, high input costs in refining operations, and low dividend yields. These factors have contributed to the decline in stocks, such as Hess Corporation (HES), and may continue to affect the industry's performance. The article reports that the stock of Hess Corporation (HES) went down by -0.01% last night after the company declared a regular quarterly dividend and is engaged in the exploration and production of crude oil and natural gas. The reason for the stock decline is not mentioned in the article.
	2023-08-28	+1.85 %
The article announces that John Hess, the CEO of Hess Corporation, will be presenting at the Barclays CEO Energy-Power Conference and this news may have contributed to the 1.85% increase in Hess Corporation's stock.
	2023-08-24	-0.53 %
The Hess Corporation (HES) stock went down by 0.53% last night, and the article suggests that the selling of stock by several insiders over the past year may be a reason for the decline.
	2023-08-15	-1.02 %
Hess Corporation stock (HES) went down by 1.02% last night, possibly due to the commencement of an underwritten public offering of Class A shares by an affiliate of Global Infrastructure Partners, from which HESM, a midstream company that provides services to Hess Corporation, will not receive any proceeds.
	2023-07-26	+0.19 %
Hess Corporation (HES) stock went up due to the company's sanctioned development of Uaru, an oil field in offshore Guyana, its extension of the Stabroek Block exploration license, and the discovery of oil at the Pickerel-1 exploration well in the Gulf of Mexico. Overall, the company reported positive financial and operational highlights for the second quarter of 2023. The stock of Hess Corporation (HES) went up by 0.19% last night, and the reason for the increase is not mentioned in the article.
	2023-07-24	+2.43 %
Hess Corporation's stock (HES) went up by 2.43% following the announcement of an increase in its quarterly cash distribution. The increase in distribution reflects the company's commitment to delivering consistent returns to shareholders and its expectations for at least 5% annual distribution growth through 2025.
	2023-06-30	+1.56 %
The article announces that Hess Corporation will hold a conference call to discuss its second quarter 2023 earnings release, and provides information on how participants can join the call; the reason for the stock going up is not mentioned in the article.
	2023-06-22	+0.43 %
Hess Corporation's stock went up by 0.43% due to the company's commitment to support global efforts to address climate change by purchasing $750 million of carbon credits from the Government of Guyana between 2022 and 2032 as part of Guyana's Low Carbon Development Strategy, earning the annual Energy Transition Initiative Award.
	2023-06-14	-1.85 %
Hess Corporation's (HES) stock went down by 1.85% after announcing that its Chief Executive Officer, John Hess, will participate in a Fireside Chat at the J.P. Morgan 2023 Energy, Power & Renewables Conference, which included projections and forward-looking statements that might not be achieved due to certain risk factors.
	2023-06-13	+1.34 %
The article is an advertisement by InvestorsObserver that issues critical PriceWatch Alerts, however, it does not provide any information about why Hess Corporation (HES) stock went up by 1.34% last night.