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Stock impact report

3 Energy Stocks to Buy in May [The Motley Fool]

Hess Corporation (HES) 
Last hess corporation earnings: 1/29 07:30 am Check Earnings Report
US:NYSE Investor Relations: hess.com/investors
Company Research Source: The Motley Fool
The return of higher crude oil prices -- and the likelihood that they will persist -- gives Hess Corp., Diamond Offshore, and Core Labs strong chances of producing market-beating performances. In the years since oil prices plunged from their $100-plus per barrel levels of 2014, many energy industry stocks have struggled -- but now, they may be set to rebound. Economic growth worldwide and Middle Eastern production cuts have resulted in a more than doubling of crude oil prices since early 2016; if they remain near current levels or head higher, now could be the perfect time to add Hess Corp. ( NYSE:HES ) , Diamond Offshore ( NYSE:DO ) , and Core Labs ( NYSE:CLB ) to your portfolio. A growth stock in the making Hess's ongoing development of 550,000 acres in the Bakken Shale and its 30% interest in ExxonMobil 's ( NYSE:XOM ) massive 6.6 million-acre project offshore Guyana, which is forecast to begin producing in 2020, put it in a great position to Show less Read more
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