Bigness matters in the oil business. Companies want to get bigger and stronger. With Triton, Hess moves up another peg so they now have more entrée into a variety of areas.
It's about time. This was supposed to be a quick and easily executed merger. In other industries, these mergers do take years, but not in the oil industry.
The big kicker here is the potential for oil and gas in Equatorial Guinea. This will give Hess potential significant upside if they have additional discoveries there.
The current valuation largely reflects the company's strong fundamental outlook.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.