Hess Corporation Trading Volume Surges 45.51% to $209 Million, Ranks 392nd Despite Stock Price Drop

Generated by AI AgentAinvest Market Brief
Monday, Apr 21, 2025 7:54 pm ET1min read

On April 21, 2025,

(HES) saw a significant increase in trading volume, reaching $209 million, a 45.51% rise from the previous day, placing it at the 392nd position in the day's stock market rankings. However, the stock price of Hess Corporation (HES) fell by 3.31%.

Hess Corporation has announced that it will be holding its first quarter 2025 earnings conference call on May 1, 2025. The call will provide investors with an opportunity to hear from the company's management team about its financial performance and strategic initiatives for the year ahead. The conference call is scheduled to begin at 10:00 AM Eastern Time and will be available for replay on the company's website.

Hess Corporation has also announced that it will be hosting an investor day event on May 15, 2025. The event will feature presentations from the company's senior management team, as well as Q&A sessions with analysts and investors. The investor day event will provide an opportunity for investors to gain a deeper understanding of the company's business strategy, financial performance, and growth prospects.

Hess Corporation has announced that it will be selling a portion of its assets in the Bakken Shale region. The sale is part of the company's ongoing efforts to optimize its portfolio and focus on its core assets. The proceeds from the sale will be used to fund the company's capital expenditure program and strengthen its balance sheet.

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