Hess

Mentor Capital Gains 390% During Move to Uranium, Coal, Oil and Gas

Retrieved on: 
Thursday, November 9, 2023
Professional Services, Oil, Gas, Coal, Energy, Finance, Asset Management, Nuclear, Education, Uranium, ExxonMobil, Berkshire Hathaway, Hess, Pioneer Natural Resources, OTCQB, Marketing, Cameco, Occidental Petroleum, Woman, Chevron Corporation, Philosophy, Natural gas, Capital, Management, Westinghouse, Mentorship

During the approximately five months since its creation, through to November 2nd, the Mentor Classic Energy Index has appreciated 10.2%.

Key Points: 
  • During the approximately five months since its creation, through to November 2nd, the Mentor Classic Energy Index has appreciated 10.2%.
  • During that same five-month period, the Mentor Capital, Inc. closing share price increased 390%, with the closing share price gain continuing at 67.8% during the latest one-month period of October 2023.
  • It is being used by Mentor for marketing purposes to reflect the general state of the classic energy market.
  • The Mentor board has recently reaffirmed its commitment to being an operating company concentrating in the uranium, coal, oil and gas businesses.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HES, OLK, FAZE, TGH

Retrieved on: 
Sunday, October 29, 2023
Textainer Group Holdings, Sale, NYSE, Hess Corporation, Hess, Fraud, Advertising, Mindful Scientific Inc., Thermo Fisher Scientific, FaZe Clan, Chevron Corporation, Security (finance)

If you are a Hess shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Hess shareholder, click here to learn more about your rights and options .
  • If you are an Olink shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Moore Kuehn Encourages INVO, ESMT, HES, and TGH Investors to Contact Law Firm

Retrieved on: 
Tuesday, October 24, 2023
TGH, NYSE, Hess Corporation, Hess, Fraud, Vista Equity Partners, Textainer Group Holdings, Wall Street, Chevron Corporation, PLLC, Security (finance), Bank

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.

Key Points: 
  • Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.
  • Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq.
  • Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
  • Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HES, FAZE, TGH

Retrieved on: 
Tuesday, October 24, 2023
Hess Corporation, Textainer Group Holdings, Sale, Chevron Corporation, Hess, Fraud, Advertising, NYSE, FaZe Clan, Security (finance)

If you are a Hess shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Hess shareholder, click here to learn more about your rights and options .
  • If you are a FaZe shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

HES Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Hess Corporation to Chevron

Retrieved on: 
Monday, October 23, 2023
Hess Corporation, Sale, Wohl, TipRanks, Hess, Chevron Corporation, NYSE, Wall Street, Sales, Audit

MONSEY, N.Y., Oct. 23, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Hess Corporation (NYSE: HES) (“Hess”) to Chevron Corporation (“Chevron”) in an all-stock transaction valued at $171.00 per share.

Key Points: 
  • MONSEY, N.Y., Oct. 23, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Hess Corporation (NYSE: HES) (“Hess”) to Chevron Corporation (“Chevron”) in an all-stock transaction valued at $171.00 per share.
  • On October 23, 2023, Hess announced that it had agreed to be sold to Chevron in an all-stock transaction valued at $171.00 per share based on Chevron’s closing price on October 20, 2023.
  • Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share.
  • “We are investigating whether the Hess Board of Directors acted in the best interests of Hess shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: EngageSmart, Inc. (NYSE – ESMT), Hess Corporation (NYSE – HES), Textainer Group Holdings Limited (NYSE – TGH), INVO Bioscience, Inc. (Nasdaq – INVO)

Retrieved on: 
Monday, October 23, 2023
Vista, NYSE, Brodsky, Tripura Merger Agreement, Hess, Vista Equity Partners, Chevron Corporation, Security (finance)

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • EngageSmart stockholders will receive $23.00 per share in cash upon completion of the proposed transaction.
  • Under the terms of the Merger Agreement, Hess will be acquired by Chevron Corporation (“Chevron”) (NYSE – CVX”), in an all-stock transaction valued at approximately $53 billion.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

Hess Midstream LP Reports Estimated Results for the Third Quarter of 2023

Retrieved on: 
Wednesday, October 25, 2023
Energy, Other Energy, Utilities, Oil, Gas, Adjustment, Water, DCF, Weather, MVC, NYSE, Global Infrastructure Partners, Public expenditure, Hess Corporation, EBITDA, Chevron, Hess, Maintenance, Growth, Capital expenditure, Borrowing base, Sponsor, Chevron Corporation, MVC COVID-19 vaccine, Capital, Petroleum

Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported third quarter 2023 net income of $164.8 million compared with net income of $159.4 million for the third quarter of 2022.

Key Points: 
  • Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported third quarter 2023 net income of $164.8 million compared with net income of $159.4 million for the third quarter of 2022.
  • We refer to certain results as “attributable to Hess Midstream LP,” which exclude the noncontrolling interests in Hess Midstream Operations LP owned by the Sponsors.
  • Hess Midstream expects upon consummation of the proposed transaction, Chevron will acquire Hess’ 37.8% ownership in Hess Midstream, including its right to appoint four directors to the Board of Hess Midstream.
  • Revenues and other income in the third quarter of 2023 were $363.1 million compared with $334.8 million in the prior-year quarter.

Hess Reports Estimated Results for the Third Quarter of 2023

Retrieved on: 
Wednesday, October 25, 2023
Finance, Oil, Gas, Energy, Professional Services, Utilities, Destiny, Water, Midstream, Global Infrastructure Partners, Barrel, NGL, Hess Corporation, Corporation, Hess, GAAP, Maintenance, Interest, JDA, Uaru, Class, E&P, Video game, Natural gas, Petroleum, Gulf of Mexico, Whiptail

During the third quarter of 2023, the Corporation drilled 28 wells, completed 41 wells, and brought 26 new wells online.

Key Points: 
  • During the third quarter of 2023, the Corporation drilled 28 wells, completed 41 wells, and brought 26 new wells online.
  • In the third quarter of 2023, we sold nine cargos of crude oil from Guyana, compared with eight cargos in the prior-year quarter.
  • During the third quarter of 2023, a mechanical issue on the Liza Destiny reduced production during the quarter.
  • Midstream capital expenditures were $65 million in the third quarter of 2023 and $60 million in the prior-year quarter.

HESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hess Corporation - HES

Retrieved on: 
Wednesday, October 25, 2023
Class Action Lawsuit, Professional Services, Legal, Hess Corporation, Sale, Chevron Corporation, Hess, CVX, KSF, NYSE, Petroleum

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hess Corporation (NYSE: HES) to Chevron Corporation (NYSE: CVX).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hess Corporation (NYSE: HES) to Chevron Corporation (NYSE: CVX).
  • Under the terms of the proposed transaction, shareholders of Hess will receive 1.0250 shares of Chevron for each share of Hess that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

$14B in 3Q23 upstream M&A overshadowed by October's $60B+ historic deals

Retrieved on: 
Tuesday, October 24, 2023
Permian, Hess, Pioneer Natural Resources, Carbon, EIR, AB, Acquisition, ExxonMobil, Dittmar, Software as a service, Petroleum, Pioneer

CALGARY, AB, Oct. 24, 2023 /PRNewswire/ -- Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, is releasing its summary of 3Q23 upstream merger and acquisition (M&A) activity.

Key Points: 
  • In Q3, U.S. upstream M&A cruised along with $14 billion transacted in 25 deals.
  • That accelerated to historic levels in October with ExxonMobil's $65 billion acquisition of Pioneer Natural Resources in the third-largest upstream deal ever by enterprise value, and Chevron purchasing Hess for $60 billion.
  • "This is coming from a combination of reducing upstream emissions and building its carbon sequestration business."
  • Already, reports have emerged of merger talks between large-cap independents that are also likely to go on shopping spree targeting smaller and midsize producers.