HESS CORP (NYSE:HES), Up By 5.73% ($4.56) From $79.590 After BUYINS.NET Report Predicted Stock Would Go Up Due To Bullish Condi
March 25, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, March 21st 2011 stating that HESS CORP (NYSE:HES) was expected to go Up due to the Bullish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=hes&id=154818
At the time this story was written, HESS CORP (NYSE:HES) is Up By $4.56 (5.73%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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HESS CORP (NYSE:HES) - Hess Corporation, together with its subsidiaries, operates as an integrated energy company worldwide. It operates in two segments, Exploration and Production (E&P) and Marketing and Refining (M&R). The E&P segment explores for, develops, produces, purchases, transports, and sells crude oil and natural gas. It engages in exploration and production activities principally in Algeria, Australia, Azerbaijan, Brazil, Colombia, Denmark, Egypt, Equatorial Guinea, Gabon, Ghana, Indonesia, Libya, Malaysia, Norway, Peru, Russia, Thailand, the United Kingdom, and the United States. The M&R segment manufactures, purchases, markets, and trades refined petroleum products, natural gas, and electricity. It owns 50% of a refinery joint venture in the United States Virgin Islands, as well as a refining facility, terminals, and retail gasoline stations with convenience stores on the East Coast of the United States. The company markets refined petroleum products, natural gas, and electricity on the East Coast of the United States to the motoring public, wholesale distributors, industrial and commercial users, other petroleum companies, governmental agencies, and public utilities. As of December 31, 2009, it had total proved reserves of 1,437 million barrels of oil equivalent, as well as operated 1,357 HESS gasoline stations, including stations owned by the WilcoHess joint venture. In addition, Hess Corporation has a 50% voting interest in a consolidated partnership that trades energy commodities and derivatives; and a 50% interest in Bayonne Energy Center, LLC, a joint venture that plans to build a natural gas fired electric generating station in Bayonne, New Jersey. It owned 20 terminals with an aggregate storage capacity of 22 million barrels in its East Coast marketing areas; and a terminal in St. Lucia with a storage capacity of 9 million barrels, which is operated for third party storage. The company was founded in 1920 and is based in New York, New York.
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