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The sale of the terminal network, along with the sales of four upstream
producing assets completed earlier this year and the announced sale of
the Energy Marketing business, brings total year-to-date divestitures to
The agreement is subject to regulatory approvals and other customary closing conditions and is expected to close in the fourth quarter of 2013.
Cautionary Statements
This news release contains projections and other forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. These
projections and statements reflect the company’s current views with
respect to future events and financial performance. No assurances
can be given, however, that these events will occur or that these
projections will be achieved, and actual results could differ materially
from those projected as a result of certain risk factors. A
discussion of these risk factors is included in the company’s periodic
reports filed with the
Source:
Hess Corporation
Investors:
Jay Wilson, 212-536-8940
Media:
Jon
Pepper, 212-536-8550
or
Sard Verbinnen & Co
Michael
Henson/Patrick Scanlan
212-687-8080