Gross discovered recoverable resource estimate for Stabroek Block increased to approximately 11 billion barrels of oil equivalent
Discoveries at Barreleye, Lukanani and Patwa further underpin the development potential
Hess (NYSE:HES) has outperformed the market over the past 5 years by 3.81% on an annualized basis producing an average annual return of 17.91%. Currently, Hess has a market capitalization of $33.92 billion.
Hess Corporation's (NYSE:HES) short percent of float has fallen 15.21% since its last report. The company recently reported that it has 6.21 million shares sold short, which is 2.23% of all regular shares that are available for trading.