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Capital One Financial Corporation downgraded Hess Corp. (NYSE:HES) to Underweight in a report released today.

Capital One Financial Corporation has downgraded Hess Corp. (NYSE:HES) to Underweight in a report released on 06/21/2017.

Just yesterday Hess Corp. (NYSE:HES) traded 0.40% higher at $41.72. Hess Corp.’s 50-day moving average is $40.84 and its 200-day moving average is $45.19. The last stock price is down -6.68% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 4,526,085 shares of HES traded hands, up from an average trading volume of 4,141,650

Recent Performance Chart

Hess Corp. (NYSE:HES)

Hess Corp. has 52 week low of $37.25 and a 52 week high of $65.56 and has a market capitalization of $0.

In addition to Capital One Financial Corporation reporting its stock price target, a total of 23 brokerages have issued a ratings update on the company. The average stock price target is $62.09 with 4 brokerages rating the stock a strong buy, 12 brokerages rating the stock a buy, 10 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Hess Corp. (NYSE:HES)

Hess Corporation is an exploration and production company. The Company is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids (NGL) and natural gas. The Company's segments include Exploration and Production, and Bakken Midstream. Its Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, NGLs and natural gas with production operations primarily in the United States, Denmark, Equatorial Guinea, the Malaysia/Thailand Joint Development Area (JDA), Malaysia and Norway. The Bakken Midstream segment provides fee-based services, including crude oil and natural gas gathering, processing of natural gas and the fractionation of NGLs, transportation of crude oil by rail car, terminaling and loading crude oil and NGLs, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota.

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