Top Gas Stocks To Invest In 2015

Top Gas Stocks To Invest In 2015: Hess Corporation (HES)

Hess Corporation, together with its subsidiaries, operates as an independent energy company worldwide. It operates in two segments, Exploration and Production (E&P), and Marketing and Refining (M&R). The E&P segment explores for, develops, produces, purchases, transports, and sells crude oil and natural gas. This segment conducts exploration and production activities principally in Algeria, Australia, Azerbaijan, Brunei, China, Denmark, Egypt, Equatorial Guinea, France, Ghana, Indonesia, the Kurdistan region of Iraq, Libya, Malaysia, Norway, Peru, the Russian Federation, Thailand, the United Kingdom, and the United States. The M&R segment purchases, markets, and trades in refined petroleum products, natural gas, and electricity. This segment serves motoring public, wholesale distributors, industrial and commercial users, other petroleum companies, governmental agencies, and public utilities. It also operates terminals and retail gasoline stations, which include convenience stores located on the East Coast of the United States. As of December 31, 2012, the company operated 1,361 HESS gasoline stations in New York, New Jersey, Pennsylvania, Florida, Massachusetts, North Carolina, and South Carolina. Hess Corporation was founded in 1920 and is headquartered in New York, New York.

Advisors' Opinion:

• [By Eric Volkman]

  Hess (NYSE: HES  ) is keeping its dividend flowing at the same rate it has for quite some time. The company declared a quarterly distribution of $0.10 per share, which will be paid on June 28 to shareholders of record as of June 17.That amount is in line with every one of the firm's preceding regular payouts stretching back to June 2006. If a 3-for-1 stock split is taken into account, that history reaches back even further, to the beginning of 2001.

• [By John Divine]

  Lastly, and quite fittingly considering the weak showing in energy today, another oil ref! iner rounds out our list of underperformers. Hess (NYSE: HES  ) shares slipped 2.3% after the company bowed to Elliott Management, a hedge fund that had demanded change at the upper levels of the company. Hess will split the roles of CEO and chairman -- positions that are currently occupied by one man, John Hess -- after the annual meeting next week.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-gas-stocks-to-invest-in-2015-3.html