Hess Corp (NYSE:HES)

CAPS Rating: 4 out of 5

The Company and its subsidiaries is a global integrated energy company that operates in two segments, Exploration and Production and Marketing and Refining.

Recs

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Player Avatar brophool (< 20) Submitted: 11/15/2008 11:29:13 PM : Outperform Start Price: $52.00 HES Score: -52.05

An American energy company that has a large exploration arm which has entered markets all over the globe and is well positioned to provide a good chunck of the worlds oil/gas and electricity needs going forward. Hess has grown it's petroleum reserves every year since I have been watching and refines is own gasoline. It is somewhat protected from falling crude prices because of the improved refining margins that accompany lower priced crude. Hess has the benefit of being significantly smaller and more nimble than its larger competitors and has not hesitated to hire many top talent SVP/VP/Directors over the past several years in an effort to ensure management continues to make all the right moves. I do not know how negative world economic output will go or for how long it will stay there, but if there is any economic growth Hess will do very well.

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