HES John B Hess sells $28.1M worth of shares
Mar 29, 2025, 4:30 AM
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What does HES do
Hess is an exploration and production company based in New York City, employing 1,756 people, focusing on crude oil and natural gas operations in the U.S., Guyana, and Malaysia. It operates through E&P and Midstream segments, providing various production and transportation services, particularly in the Bakken shale play.
John B Hess sold 175,000 shares of HES on 27 March at $160.35 per share, worth a total of $28.1M. They now own 2,472,674 HES shares, or a 7% holding decrease.
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