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Hess Corp (HES)

HES on New York Consolidated

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27 Jul 2016
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Oil producer Hess reports smaller loss, cuts budget

U.S. oil producer Hess Corp reported a smaller-than-expected quarterly loss, helped by its efforts to keep costs low, and the company further cut its exploration and production budget for the year.

UPDATE 1-Oil producer Hess reports smaller loss, cuts budget

July 27 U.S. oil producer Hess Corp reported a smaller-than-expected quarterly loss, helped by its efforts to keep costs low, and the company further cut its exploration and production budget for the year.

Oil producer Hess reports smaller loss, cuts budget

July 27 U.S. oil producer Hess Corp reported a smaller quarterly loss, helped by its efforts to keep costs low, and the company further cut its exploration and production budget for the year.

BRIEF-Hess encouraged by favorable results of 2nd well offshore Guyana

* Announced positive results from Liza-2 exploration well in Stabroek Block offshore Guyana

Hess storage facility in North Dakota leaks 32,000 gallons

A Hess Corp storage facility in North Dakota leaked about 32,000 gallons of saltwater on Tuesday, although the liquid has been recovered on site, state regulators said.

CORRECTED-OFFICIAL-Hess storage facility in North Dakota leaks 32,000 gallons

June 15 A storage facility in North Dakota owned by Hess Corp leaked about 32,000 gallons of saltwater on Tuesday, though the liquid has been recovered on site, state regulators said.

BRIEF-Hess sets regular quarterly dividend of $0.25 per share

* Hess announces regular quarterly dividend on common stock Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

Hess would add Bakken rigs when oil nears $60 per barrel

Hess Corp said on Wednesday it would add drilling rigs in North Dakota's Bakken shale basin, its largest area of operations, if oil prices approach $60 per barrel, a level executives believe offers the best chance to return to profitability.

UPDATE 2-Hess would add Bakken rigs when oil nears $60 per barrel

April 27 Hess Corp said on Wednesday it would add drilling rigs in North Dakota's Bakken shale basin, its largest area of operations, if oil prices approach $60 per barrel, a level executives believe offers the best chance to return to profitability.

BRIEF-Hess to add Bakken rigs if oil prices move closer to $60 per barrel

* Says believes could triple number of Bakken rigs to six over period of a year, if oil prices recover, and still maintain efficiencies

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