Hess Corporation's most recent trend suggests a bullish bias. One trading opportunity on Hess Corporation is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 11.36% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Hess Corporation is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Hess Corporation is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Hess Corporation
HESS CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Wed, 25 Jun 2014 16:26:53 GMT
Enterprise Products plans Bakken-to-Cushing pipeline
Tue, 24 Jun 2014 16:32:23 GMT
Reuters – Enterprise Products Partners LP said on Tuesday it would build a 1,200-mile pipeline from North Dakota's Bakken oil fields to Cushing, Oklahoma. The pipeline, Enterprise's first in North Dakota, would help transport more of the state's crude oil to Cushing, a key gathering and distribution hub for oil produced around the United States. The pipeline would originate in Stanley, North Dakota, and be 30 inches in diameter.
North Dakota aims to nearly double pipeline capacity-governor
Tue, 24 Jun 2014 14:03:42 GMT
Reuters – North Dakota Governor Jack Dalrymple on Tuesday set a goal for the state's pipeline capacity to nearly double within two years, part of a plan to curb flaring of natural gas. The state aims to have daily …
Hess Corporation Announces Notes Offering
Thu, 19 Jun 2014 21:53:00 GMT
Business Wire – Hess Corporation announced today that it has agreed to sell $300 million of 3-year notes with a 1.30% coupon maturing on June 15, 2017 and $300 million of 10-year notes with a 3.50% coupon maturing on July 15, 2024 in a registered public offering led by J.P.
[$$] Best Picks to Play Major Oil Stocks
Thu, 19 Jun 2014 15:01:00 GMT
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