Hess Corp. (NYSE:HES)

Pump Jacks Against at Dusk

Secondary Offering Sinks Hess Shares

Very early Friday morning, independent oil and gas producer Hess Corp. (NYSE: HES) announced that it had priced an underwritten offering of 25 million shares of common stock at $39 ...
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NYSE

9 Hot Stocks on the Move in the After-Hours

Earnings season may be well into the second half, but earnings reports and other news are still moving many key stocks. 24/7 Wall St. has identified nine after-hours stocks with ...
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Pump Jacks Against at Dusk

Exploration and Production Sector Takes Big Rating Downgrade From Standard & Poor’s

The credit ratings agency Standard & Poor's has just downgraded many of its official corporate credit ratings in the oil and energy patch. It took ratings actions on 20 different ...
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investing

Merrill Lynch’s Top Dividend Alpha US Stocks Picks for the Rest of 2016

At 24/7 Wall St. we cover all the major firms on Wall Street with a pretty close eye, and not only do we track their individual stocks and sector selections, ...
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OPEC

If OPEC Blinks and Cuts Production, Buy These Top Oil Stocks at Once

It finally hit the tape Tuesday. There was some chatter that the OPEC oil cartel finally has started to let it be known that it would reduce production if other ...
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oil train

Does Big Oil Have These 3 Top Energy Companies in Their Sights?

Every day is seems like we have seen it. Oil down to 12-year lows, this week dipping under $30 briefly. You may be asking yourself, could it really decline that ...
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oil train

4 Top Merrill Lynch Dividend Energy Stocks to Buy for Big Upside in 2016

Any way you slice it, the going will stay rough for the energy sector through 2016. While oil prices may start to bottom at current levels, there is no reason ...
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Pump Jacks Against at Dusk

Can the Oil Patch Overcome the Lower-for-Much-Longer Outlook?

Prospects for a recovery in the energy sector have been getting dimmer in the past several weeks, and Tuesday's announcement from Moody's Investor Services darkens an already bleak picture. The ...
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buy sell

Top Analyst Upgrades and Downgrades: Antero, Athenahealth, Capstone, Clovis, Genworth, Merck, Nuance, Salesforce and More

Stocks were surprisingly higher on Monday after the weekend's terror attacks in Paris, and in Tuesday's session international markets and U.S. equity futures were also higher. Yet again, we have ...
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ThinkstockPhotos-486517978

4 Top Merrill Lynch Energy Picks That Pay Good Dividends

While the energy sector still has a long way to go, and $100 a barrel oil is probably going to stay in the rear-view mirror for the foreseeable future, there ...
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research

Gigantic Biotech Trade Highlights The Week’s Insider Buying

Another week of volatility, helped along perhaps by the failure of the Federal Reserve to nudge interest rates up on Thursday, did not slow down the tsunami of insider buying. ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: Barclays, BP, LifeLock, Mobileye, Oracle, Southwest Air, Whole Foods More

Stocks were indicated lower after a dovish FOMC meeting and going into the first look at GDP in the second quarter. The rally from Tuesday and Wednesday was yet another ...
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Oil pipeline

Hess Raises $2.7 Billion in Sale of Midstream Stake

In a deal announced Thursday morning, independent oil and gas producer Hess Corp. (NYSE: HES) said it had sold a 50% stake it its midstream assets in the Bakken shale ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: Ambev, CTI Bio, Duke, Humana, Occidental, Yelp and More

Stocks were indicated higher on Monday after last week's selling. The culprit is a market rumor that Greece may reach a debt pact today, which maybe everyone should only believe ...
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Oil pumpjack

Merrill Lynch Raises Energy Outlook: 4 Top Oil Stocks to Buy Now

After a long hard look, and some serious thought on where prices are heading. Merrill Lynch has upgraded the energy sector to Overweight, and the timing looks solid. It is ...
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