Hess Corp. (HES) Tops Q2 EPS by 20c; Adds $2.5B to Buyback

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Hess Corp. (HES) Plans Formation, IPO of MLP

July 30, 2014 7:02 AM EDT

Hess Corp. (NYSE: HES) announced its intention to pursue the formation and initial public offering of a master limited partnership (MLP). Hess remains focused on value creation and the pursuit of its previously announced intention to monetize its midstream assets in the Bakken oil shale play in... More