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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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 ben.lefebvre@dowjones.com

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.
12:39a HESS : Announces Regular Quarterly Dividend on Common Stock
12:38a HESS : Announces Quarterly Cash Dividend on Preferred Stock
11/30 Hess and Goldman Sachs climb; American Eagle, Autodesk fall
11/30DJU.S. Stocks on Track to End Month With Gains
11/30 Leaner and meaner - U.S. shale greater threat to OPEC after oil price war
11/19 EXXON MOBIL : to fasttrack giant Liza discovery offshore Guyana
11/14 HESS : to Participate in Bank of America Merrill Lynch 2016 Global Energy Confer..
11/14 Drilling continues off Guyana`s shores
11/13 GUYANA-ENERGY-US oil companies continue testing for oil in Guyana waters
11/10 HESS : to Participate in Bank of America Merrill Lynch 2016 Global Energy Confer..
More news
Sector news : Oil & Gas Refining and Marketing - NEC
02:22a CHEVRON : sets 2017 capital budget, in 4th year of spending cuts
12:47aDJRussia Sells Stake in Oil Giant Rosneft to Glencore, Qatar - Update
12/07 Kremlin says Glencore, Qatari fund to buy 19.5 percent stake in Rosneft
12/07DJRussia Sells Stake in Oil Giant Rosneft to Glencore, Qatar
12/07DJShell Signs Preliminary Iran Oil Deal Despite Trump Doubts -- 4th Update
More sector news : Oil & Gas Refining and Marketing - NEC
News from SeekingAlpha
12/05 Energy Transfer Partners, Sunoco Logistics open lower on Dakota delay
11/30 S&P 500 oil stocks up as much as 22%; some analysts say more gains ahead
11/30 Energy sector surges to top of morning leaderboard
11/29 Oil Stocks To Buy If Production Cuts Are Announced At The 171st OPEC Conferen..
11/29 Energy stocks slide alongside crude oil in early trading
Advertisement
Financials ($)
Sales 2016 4 697 M
EBIT 2016 -2 327 M
Net income 2016 -1 585 M
Debt 2016 4 337 M
Yield 2016 1,65%
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 5,03x
EV / Sales 2017 4,26x
Capitalization 19 298 M
More Financials
Chart HESS CORP.
Duration : Period :
Hess Corp. Technical Analysis Chart | HES | US42809H1077 | 4-Traders
Full-screen chart
Technical analysis trends HESS CORP.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 63,6 $
Spread / Average Target 4,3%
Consensus details
EPS Revisions
More Estimates 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
Zhanna Golodryga Chief Information Officer & Senior VP-Services
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HESS CORP.25.72%19 298
EXXON MOBIL CORPORATIO..12.98%365 199
ROYAL DUTCH SHELL A16.54%219 297
BP PLC33.74%113 552
CHINA PETROLEUM & CHEM..6.85%92 079
SAUDI BASIC INDUSTRIES..--.--%76 410
More Results