Shares of Hess Corporation (HES) Sees Large Inflow of Net Money Flow

Hess Corporation (HES): $3.29 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.23. The value of trades done on upticks was $17.63 million, whereas, trades done on downticks were valued at $14.35 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $5.33 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.98 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 5.45 was strongly in favor of the bulls. The money flow in block trades was $4.35 million. Hess Corporation (HES) fell $0.03 traded at $56.9, a change of -0.05% over the previous day. The stock is 0.16% for the week.


Hess Corporation has dropped 3.32% during the last 3-month period . Year-to-Date the stock performance stands at 19.93%. Shares of Hess Corporation rose by 2.73% in the last five trading days and 2.67% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Truelove Brian D., officer (Senior Vice President) of Hess Corp, had unloaded 3,000 shares at an average price of $50.1 in a transaction dated on March 28, 2016. The total value of the transaction was worth $150,300.

Hess Corporation (NYSE:HES): stock turned positive on Monday. Though the stock opened at $56.72, the bulls momentum made the stock top out at $57.65 level for the day. The stock recorded a low of $56.25 and closed the trading day at $57.6, in the green by 1.18%. The total traded volume for the day was 2,802,739. The stock had closed at $56.93 in the previous days trading.

Hess Corporation (Hess) is an exploration and production (E&P) company that develops, produces, purchases, transports and sells crude oil and natural gas. Its production operations are located primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia and Norway. The Companys production in the United States was from offshore properties in the Gulf of Mexico and onshore properties in the Bakken oil shale play in the Williston Basin of North Dakota, the Permian Basin of Texas, and the Utica Basin of Ohio. Approximately 16% of the Companys crude oil and natural gas liquids production and 7% of its natural gas production were from European operations. Approximately 22% of the Companys crude oil and natural gas liquids production were from its African operations. Approximately 1% of the Companys crude oil and natural gas liquids production and 61% of its natural gas production were from its Asian and Other operations.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *