Jim Cramer thinks asset sales could unlock big value for Hess (HES +2.4%); the company's assets...

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

Jim Cramer thinks asset sales could unlock big value for Hess (HES +2.4%); the company's assets in the Bakken shale alone are worth $25/share, he says, while its Utica shale assets aren't valued at all. Internationally, its west Africa assets are worth $11, Europe $8 and Asia $17. Its New Jersey refining operation and 1,300 east coast filling stations could fetch another $2B, or $6/share.