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"By almost any metric, Hess (HES) sells at a discount to many peers, and to its historic...

"By almost any metric, Hess (HES) sells at a discount to many peers, and to its historic valuation," Christopher Williams notes, in a Barron's piece applauding the company's shift towards becoming a pure E&P play. Asset sales could eventually bring as much as $7B which could find its way to shareholders in the form of buybacks, Williams adds. With Elliot Management keeping a close eye on things, HES could be poised for a nice run over the next two years.
Comments (3)
  • Ohrama
    , contributor
    Comments (532) | Send Message
     
    These kinds of statements (pumping up the stock) show up after the stock had run up a lot (50% this year in this case)! The articles are written to help the readers or someone else?
    20 Jul 2013, 04:01 PM Reply Like
  • rambler1
    , contributor
    Comments (630) | Send Message
     
    And even better now they profess the company might buy the stock at these levels.
    20 Jul 2013, 10:34 PM Reply Like
  • lenfla
    , contributor
    Comments (7) | Send Message
     
    i have traded hess all year.i have pulled over 22k out of them.every time i sell on rallies the stock keeps going up.i think there is big money cominig into this stock pushing it pass 52 week high.
    21 Jul 2013, 09:48 AM Reply Like
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