3 Things Hess Corp.'s Management Team Wants You to Know About What Lies Ahead [The Motley Fool]
Hess Corporation (HES)
Last hess corporation earnings: 1/29 07:30 am
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Source: The Motley Fool
The oil company's strategy is well-thought-out. Hess Corp. ( NYSE:HES ) spent the past few years reshaping its portfolio. The aim of this reshuffle is to focus the oil company on its best assets, which should create the most value for its shareholders over the long term. This strategy has already started paying dividends; the company was in the right place at the right time to deliver strong third-quarter results . With its asset sale program complete, Hess can now direct all its attention to the future. On the third-quarter conference call, Hess' management team laid out what will drive the company. Here are three things they wanted to make sure investors know about its strategic direction. Image source: Getty Images. 1. Our cash engines will fuel our growth engines CEO John Hess gave an overview of the company's plans on the call. He stated that fundamental to this strategy is our focused high-return portfolio with Guyana and the Bakken as our growth
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