Hess (HES) +1% premarket after Heard On The Street suggests it could be sold outright rather...

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

Hess (HES) +1% premarket after Heard On The Street suggests it could be sold outright rather than broken up into pieces. No one has stepped up to buy Hess despite its valuation gap, Liam Denning writes, most likely because it wasn't perceived as being for sale. Norway's Statoil (STO) is an intriguing potential acquirer; for one thing, it has among the lowest proved-reserves life of the major oil companies.