Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Hess Corp.    HES

HESS CORP. (HES)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Northeast Refineries Start Cutting Run Rates as Sandy Approaches

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/28/2012 | 10:26pm CET

A number of refineries in the U.S. northeast started scaling back production Sunday in anticipation of Hurricane Sandy bearing down on the east coast.

Sandy, a Category 1 hurricane with wind speeds of up to 75 miles an hour, is currently heading north in the Atlantic offshore of North Carolina, according to the National Hurricane Center. Forecasts call for the storm to continue north before plowing west into New Jersey and Delaware late Monday.

Philadelphia Energy, which operates a former Sunoco Inc. refinery in Philadelphia after buying a majority stake in September, was discussing reducing rates of some production units at the 330,000 barrel-a-day refinery and would likely take action as early as Sunday night, a source familiar with the refinery said Sunday.

Hess Corp. (>> Hess Corp.) said Sunday it would reduce rates at its 70,000-barrel-a-day refinery in Port Reading, N.J., by an unspecified amount at 6 p.m. EDT.

Phillips 66 (>> Phillips 66), which runs the 238,000-barrel-a-day refinery in Linden, N.J., is tracking Sandy's progress but had not yet made any changes to its refinery operations, company spokeswoman Janet Grothe said.

About 6.5% of the total U.S. refining capacity is near the region in Sandy's forecast path, according to the U.S. Energy Administration.

-Write to Ben Lefebvre at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Hess Corp., Phillips 66
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HESS CORP.
11/16 HESS : Presents at Bank of America Merrill Lynch 2017 Global Energy Conference
11/15 HESS : The George Washington University (GWU) Elliott School of International Af..
11/15 HESS : About 75,000 bpd of Gulf oil output still shut after Shell fire
11/14 HESS : Issues Statement on Impact from Incident at Shell Enchilada Platform in G..
11/14 HESS CORP. : Earnings Review and Free Research Report: Hess’ Revenue Jumped 16.1..
11/13 HESS : Issues Statement on Impact from Incident at Shell Enchilada Platform in G..
11/10 HESS : The George Washington University (GWU) Elliott School of International Af..
11/10 HESS : to Participate in Bank of America Merrill Lynch 2017 Global Energy Confer..
11/07 HESS : to Participate in Bank of America Merrill Lynch 2017 Global Energy Confer..
11/07 HESS : Achieves Leadership Status in CDP's Global Climate Analysis
More news
News from SeekingAlpha
11/17 Hess (HES) Presents At Bank of America Merrill Lynch Global Energy Conference..
11/16 Hess sets new $500M stock buyback program, eyes $500M debt reduction
11/15 75K bbl/day of Gulf of Mexico oil production still shut after Shell fire
11/15 Crude oil posts fourth straight loss as crude inventories swell
11/13 Hess shuts operations at three Gulf of Mexico fields after Enchilada fire
Financials ($)
Sales 2017 5 282 M
EBIT 2017 -1 976 M
Net income 2017 -1 797 M
Debt 2017 2 832 M
Yield 2017 2,32%
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 3,22x
EV / Sales 2018 3,54x
Capitalization 14 160 M
Chart HESS CORP.
Duration : Period :
Hess Corp. Technical Analysis Chart | HES | US42809H1077 | 4-Traders
Technical analysis trends HESS CORP.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 51,5 $
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
John B. Hess Chief Executive Officer & Director
Gregory P. Hill President & Chief Operating Officer
James H. Quigley Chairman
John P. Rielly Chief Financial Officer & Senior Vice President
Edith E. Holiday Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
HESS CORP.-28.48%14 160
EXXON MOBIL CORPORATION-11.10%339 985
BP-3.24%128 823
CHINA PETROLEUM & CHEMICAL CORP9.98%104 461
RELIANCE INDUSTRIES LIMITED67.53%88 833
SAUDI BASIC INDUSTRIES CORPORATION SJSC--.--%79 842