Hess Stock News

https://www.investing.com/analysis/hess-corp-to-enjoy-the-looming-energy-deficit-200613541

The "Halftime Report" traders give their top picks to watch for the second half.

Energy stocks were broadly lower in premarket trading Friday, as crude oil futures CL00, -1.64% dropped 1.9% to put them in danger of snapping a seven-day win streak. Halliburton Co.'s stock HAL, -0.7

Despite the significant finds by XOM, HES and SNP, global 2021 oil and gas discoveries are likely to hit the lowest level in 75 years if no significant discoveries are unearthed in the next few days.

Hess Corporation is working through a transition, dumping billions worth of capital into exciting growth opportunities.

Waratah Capital Advisors Ltd. bought a new position in shares of Hess Co. (NYSE:HES) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 156,925 shares of the oil and gas producers stock, valued at approximately $12,257,000. Waratah Capital Advisors Ltd. owned 0.05% []

Ninety One UK Ltd boosted its holdings in shares of Hess Co. (NYSE:HES) by 13.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,569,952 shares of the oil and gas producers stock after purchasing an additional 185,720 shares during the []

Texas Permanent School Fund trimmed its holdings in shares of Hess Co. (NYSE:HES) by 6.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 42,578 shares of the oil and gas producers stock after selling 3,024 shares during the quarter. Texas Permanent School Funds holdings in Hess were worth $3,326,000 at the end of []

Banque Cantonale Vaudoise cut its stake in Hess Co. (NYSE:HES) by 49.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,768 shares of the oil and gas producers stock after selling 9,600 shares during the quarter. Banque Cantonale Vaudoises holdings in Hess were [] The post Banque Cantonale Vaudoise Cuts Position in Hess Co. (NYSE:HES) appeared first on ETF Daily News .

Hess Midstream (HESM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

More investment is needed in oil and gas as well as other energy sources and technologies, leaders from Hess Corp., the International Energy Forum and API say.

Related Stocks: PSX , LW , HES , NLSN , VLO , NCLH , SPY , CDAY , BRO , MTCH , TECH , MRNA , MPWR , BIO , CMG , PAYC , MSCI , MXIM , ALXN , UNM , PRGO , NOV ,

Hess Midstream (HESM) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.