Hess Corporation: One Billion Cash On The Way

Dec. 13, 2021 11:03 AM ETHess Corporation (HES) StockXOM, HES10 Comments

Summary

  • Management expects a considerable increase in cash flow from the second FPSO beginning production.
  • Current commodity prices allow for an extraordinary return on investment.
  • Management projects that material and service cost inflation will be absorbed with greater efficiencies.
  • The hedging strategy will continue as a safety measure.
  • Bakken production will climb significantly in 2022.
  • This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More »

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Hess Corporation (NYSE:HES) announced during the conference call that the expected cash flow from the latest platform installation would be about $1 billion for the company's share of production once the platform is up

I analyze oil and gas companies like Hess Corporation and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here for a free two-week trial.

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Long Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA.

He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.

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