International Business News - Hess http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Hess Corp. said Monday it has discovered natural gas in sandstone on Australia's Northwest Shelf. The New York-based company said its Briseis-1 exploration well, the second of four wells being drilled this year in the area, found 151 feet of net gas pay. http://www.ibtimes.com/articles/20080721/hess-reports-natural-gas-find-in-australia.htm Mon, 21 Jul 2008 10:31:49 EDT An executive vice president of oil and gas company Hess Corp. exercised options for 42,000 shares of common stock, according to Securities and Exchange Commission filings Monday. http://www.ibtimes.com/articles/20080701/hess-executive-vice-president-exercises-options.htm Tue, 01 Jul 2008 17:28:56 EDT A senior vice president of oil and gas company Hess Corp. sold 14,410 shares of common stock, according to a Securities and Exchange Commission filing Wednesday. http://www.ibtimes.com/articles/20080619/hess-sr-vp-john-simon-sells-14-410-shares.htm Thu, 19 Jun 2008 15:53:40 EDT A senior vice president of oil and gas company Hess Corp. sold 14,410 shares of common stock, according to a Securities and Exchange Commission filing Wednesday. http://www.ibtimes.com/articles/20080619/hess-svp-simon-sells-shares.htm Thu, 19 Jun 2008 15:53:29 EDT A senior vice president of oil and gas company Hess Corp. sold 6,660 shares of common stock, according to a Securities and Exchange Commission filing Wednesday. http://www.ibtimes.com/articles/20080619/hess-sr-vp-scelfo-sells-6-660-shares.htm Thu, 19 Jun 2008 15:51:08 EDT A senior vice president at oil and gas company Hess Corp. exercised options for 21,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday. http://www.ibtimes.com/articles/20080618/hess-sr-vp-exercises-options.htm Wed, 18 Jun 2008 16:11:21 EDT A senior vice president of oil company Hess Corp. exercised options for 24,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday. http://www.ibtimes.com/articles/20080611/hess-senior-vice-president-exercises-options.htm Wed, 11 Jun 2008 14:58:35 EDT A senior vice president of oil company Hess Corp. exercised options for 63,499 shares of common stock, according to a Securities and Exchange Commission filing Tuesday. http://www.ibtimes.com/articles/20080611/hess-senior-vp-exercises-options-sells-shares.htm Wed, 11 Jun 2008 14:30:34 EDT Shares of Hess Corp. rose Wednesday after the vertically integrated petroleum company revealed what the company called a "very encouraging" natural gas strike off the coast of Australia. http://www.ibtimes.com/articles/20080611/hess-strikes-natural-gas-off-australian-coast.htm Wed, 11 Jun 2008 10:40:53 EDT A Lehman Brothers analyst says high oil prices will keep Hess shares around their current price, and he upgraded the stock as a result. Paul Cheung raised his rating on New York-based Hess Corp. to "Equal weight" from "Underweight," and raised his profit estimates for the last three quarters of 2008. He lifted his price target to $110 per share from $99. http://www.ibtimes.com/articles/20080509/ahead-of-the-bell-hess-upgraded-on-high-oil-prices.htm Fri, 09 May 2008 07:59:10 EDT Hess Corp. shares jumped to a new all-time high Tuesday after Goldman Sachs added the oil producer to a recommended list and credit ratings agency Fitch upgraded the company's debt ratings. http://www.ibtimes.com/articles/20080506/hess-shares-rally-to-high-after-goldman-sachs-upgrade.htm Tue, 06 May 2008 17:22:39 EDT Credit ratings agency Fitch Ratings upgraded several debt ratings on Hess Corp., saying the oil and gas company's operational performance is improving. http://www.ibtimes.com/articles/20080505/fitch-upgrades-ratings-on-hess-citing-improved-operations.htm Mon, 05 May 2008 18:48:12 EDT Hess Corp. said Wednesday its first-quarter earnings more than doubled, as the price of oil and natural gas soared and production edged higher. The company earned $759 million, or $2.34 per share, compared with $370 million, or $1.17 per share, in the year-ago quarter. http://www.ibtimes.com/articles/20080430/hess-1q-profit-doubles-on-soaring-crude-oil-and-gas-prices.htm Wed, 30 Apr 2008 08:39:32 EDT An analyst upgraded Hess Corp. Tuesday, saying the oil company has strong growth prospects and has the most to gain from high crude prices. Friedman, Billings, Ramsey & Co. analyst Eitan Bernstein raised his rating to "Outperform" from "Market Perform" on the New York-based company, and raised his price target to $107 from $97. The target implies he expects the stock to rise about 21 percent over Monday's $88.18 close. http://www.ibtimes.com/articles/20080401/ahead-of-the-bell-hess-upgrade.htm Tue, 01 Apr 2008 08:28:55 EDT The executive vice president of oil company Hess Corp. sold 131,501 shares of common stock, according to a Securities and Exchange Commission filing. In a Form 4 filed with the SEC Friday, John J. O'Connor reported he sold the shares Wednesday for $90.80 to $90.85 apiece. http://www.ibtimes.com/articles/20080331/hess-executive-vp-sells-131-501-shares.htm Mon, 31 Mar 2008 14:25:02 EDT An executive vice president of integrated oil and gas company Hess Corp. exercised options for 24,000 shares of common stock, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080325/hess-sr-vp-exercises-options.htm Tue, 25 Mar 2008 15:24:39 EDT An executive vice president of integrated oil and gas company Hess Corp. exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080325/hess-exec-vp-collins-exercises-options.htm Tue, 25 Mar 2008 15:22:11 EDT Hess Corp. said Tuesday that its Pony No. 2 well in the Gulf of Mexico could have less potential than it previously estimated. Hess took 100 million barrels off the top end of its gross recoverable resource estimate for the deepwater well, in which it holds total working interest. http://www.ibtimes.com/articles/20080318/hess-says-pony-well-has-less-potential.htm Tue, 18 Mar 2008 11:21:57 EDT Moody's Investors Service said Thursday it is reviewing oil and gas developer Hess Corp.'s long-term investment-grade debt rating for a possible upgrade, due to its improving financial performance and oil reserve replacement. http://www.ibtimes.com/articles/20080131/moodys-says-it-may-upgrade-hess-rating.htm Thu, 31 Jan 2008 14:15:07 EST The executive vice president of oil and gas producer Hess Corp. exercised options for 10,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080118/hess-evp-borden-exercises-options.htm Fri, 18 Jan 2008 13:08:23 EST