Hess Corp. (HES) Chairman of the Board and CEO, 10% Owner John B Hess sells 90,000 Shares

Chairman of the Board and CEO, 10% Owner of Hess Corp. (HES, Financial) John B Hess sells 90,000 shares of HES on 03/02/2011 at an average price of $84.34 a share.

Hess Corp. has a market cap of $27.78 billion; its shares were traded at around $84.51 with a P/E ratio of 16 and P/S ratio of 0.8. The dividend yield of Hess Corp. stocks is 0.5%. Hess Corp. had an annual average earning growth of 8.5% over the past 10 years. GuruFocus rated Hess Corp. the business predictability rank of 3-star.

Hedge Fund Gurus that owns HES: Stanley Druckenmiller of Duquesne Capital Management, LLC, Manning & Napier Advisors, Inc, Andreas Halvorsen of Viking Global Investors LP, Bruce Kovner of Caxton Associates, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns HES: NWQ Managers of NWQ Investment Management Co, PRIMECAP Management, Pioneer Investments, Ken Heebner of Capital Growth Management LP, Mario Gabelli of GAMCO Investors, Dodge & Cox.

CEO Recent Trades:

  • Sell: Chairman of the Board and CEO, 10% Owner John B Hess sold 120,000 shares of HES stock on 03/01/2011 at the average price of 85.5. John B Hess owns at least 10,476,376 shares after this. The price of the stock has decreased by 1.16% since.
  • Sell: Chairman of the Board and CEO, 10% Owner John B Hess sold 120,000 shares of HES stock on 02/28/2011 at the average price of 85.87. John B Hess owns at least 10,325,707 shares after this. The price of the stock has decreased by 1.58% since.
  • Sell: Chairman of the Board and CEO, 10% Owner John B Hess sold 90,000 shares of HES stock on 02/25/2011 at the average price of 83.84. John B Hess owns at least 10,445,707 shares after this. The price of the stock has increased by 0.8% since.
  • Sell: Chairman of the Board and CEO, 10% Owner John B Hess sold 90,000 shares of HES stock on 02/24/2011 at the average price of 84.28. John B Hess owns at least 10,535,707 shares after this. The price of the stock has increased by 0.27% since.
  • Sell: Chairman of the Board and CEO, 10% Owner John B Hess sold 84,400 shares of HES stock on 02/23/2011 at the average price of 83.19. John B Hess owns at least 10,949,897 shares after this. The price of the stock has increased by 1.59% since.

Directors and Officers Recent Trades:

  • Sell: Senior Vice President John J Scelfo sold 10,000 shares of HES stock on 02/28/2011 at the average price of 85.74. John J Scelfo owns at least 74,449 shares after this. The price of the stock has decreased by 1.43% since.
  • Sell: Senior Vice President John J Scelfo sold 7,000 shares of HES stock on 02/22/2011 at the average price of 83.37. John J Scelfo owns at least 74,449 shares after this. The price of the stock has increased by 1.37% since.
  • Sell: Treasurer Robert M. Biglin sold 901 shares of HES stock on 02/08/2011 at the average price of 82.12. Robert M. Biglin owns at least 18,424 shares after this. The price of the stock has increased by 2.91% since.
  • Sell: Senior Vice President Lawrence H Ornstein sold 13,014 shares of HES stock on 02/08/2011 at the average price of 82.12. Lawrence H Ornstein owns at least 106,638 shares after this. The price of the stock has increased by 2.91% since.
  • Sell: Senior Vice President John J Scelfo sold 14,201 shares of HES stock on 02/08/2011 at the average price of 82.12. John J Scelfo owns at least 74,449 shares after this. The price of the stock has increased by 2.91% since.


For the complete insider trading history of HES, click here.