Mizuho: New crude-by-rail rules could hit Hess, Marathon, others

|About: Hess Corporation (HES)|By:, SA News Editor

Recent accidents involving crude oil being shipped from North Dakota are raising eyebrows on Wall Street and have analysts looking at companies that could be exposed to new rules governing oil shipments from the region.

Mizuho analyst John Malone says costs related to "stricter transport standards could squeeze margins further" on oil out of the Bakken shale, citing several stocks with the potential to suffer as a result, including Hess (HES), Marathon Oil (MRO), Continental Resources (CLR), Oasis Petroleum (OAS), EOG Resources (EOG), Whiting Petroleum (WLL), Kodiak Oil & Gas (KOG) and Triangle Petroleum (TPLM).