Core Points - The Oklahoma State University A&M Board of Regents appointed Dr. Jim Hess as the 20th president of Oklahoma State University, transitioning from his interim role to a three-year term [2][6] - Dr. Hess is recognized for his deep understanding of OSU's land-grant mission and his commitment to student success, which aligns with the university's goals [3][4] - His leadership is expected to enhance OSU's statewide impact through education, research, and agricultural leadership, contributing to Oklahoma's economy [3][5] Leadership and Vision - Dr. Hess has demonstrated immediate positive impact on the OSU community, addressing key issues and restoring connections among students, faculty, and staff [3][4] - His vision emphasizes that all university decisions should enhance education and the overall student experience, with a focus on strengthening the relationship between administration and faculty [4][5] - Dr. Hess's background in Oklahoma higher education spans four decades, providing him with a unique perspective as both a faculty member and administrator [5] Institutional Context - Oklahoma State University serves over 35,000 students across its five-campus system, with a significant number of students from all 50 states and over 127 nations [9] - The OSU/A&M Board of Regents governs multiple institutions, ensuring their growth and success through management and oversight [10]

Hess Corporation (HES) is set to report first-quarter 2025 results on April 30.In the last reported quarter, its adjusted earnings of $1.76 per share beat the Zacks Consensus Estimate of $1.51, primarily attributed to higher oil equivalent production volumes and decreased costs.Hess’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of almost 30%. This is depicted in the graph below:HES’ Estimate TrendThe Zacks Consensus Estimate for first-quart ...

Hess (HES) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 30. On the othe ...

Group 1 - The individual has nearly two decades of experience in the logistics sector and a decade in stock investing and macroeconomic analysis, focusing on ASEAN and NYSE/NASDAQ stocks, particularly in banks, telecommunications, logistics, and hotels [1] - Since 2014, the individual has been trading on the Philippine stock market, initially investing in blue-chip companies and later diversifying across various industries and market capitalizations [1] - The individual entered the US market in 2020, gaining insights through a relative's trading account before opening their own, and has been using analyses from Seeking Alpha to compare with the Philippine market [1]

Today, Hess (NYSE: HES ) is not just an industry pioneer , but a dramatically reformed player who has gone through a transformation from a vertically integrated oil giant with its own refineries and a network of fillingMy professional background spans multiple continents and includes experience in private banking, corporate finance, and strategic advisory. For several years, I developed and led a private banking department in Dubai, where I crafted tailored investment solutions to meet the unique needs of a ...

Core Viewpoint - The Government of Guyana, in collaboration with Mount Sinai Health System and Hess Corporation, has announced a five-year extension of a national healthcare initiative aimed at transforming the public health system to provide world-class healthcare services to all citizens of Guyana [1][5]. Group 1: Initiative Overview - The next phase of the healthcare initiative will include the establishment of a national cancer center, modernization of health facilities, and implementation of an advanced digital health system [1][7]. - The initiative builds on significant progress from the first phase, which included over 35,000 child health screenings and training programs for nearly 900 nursing assistants by 2025 [2][12]. Group 2: Funding and Leadership - The initiative will continue to be funded jointly by Hess Corporation and the Government of Guyana, led by the Arnhold Institute for Global Health and Mount Sinai International [3][4]. - Key leaders from Mount Sinai and Hess Corporation emphasized the importance of strategic partnerships and investments in achieving high-quality healthcare for all Guyanese [5][6]. Group 3: Key Focus Areas - The initiative will focus on six key pillars: 1. Establishing a national cancer center for screening and treatment of common cancers [7]. 2. Developing a National Women's and Children's Hospital to meet international quality standards [8]. 3. Transforming health systems to ensure access to health screenings and primary care for all [11]. 4. Implementing a national program for quality improvement across health services [11]. 5. Supporting the rollout of a national electronic health records system [11]. 6. Building capacity in the health workforce to meet critical needs [11]. Group 4: Achievements in the First Phase - Significant accomplishments from the first phase include comprehensive health screenings for over 35,000 children, the establishment of a state-of-the-art pathology lab, and the introduction of new clinical protocols for primary care services [12][9]. - The initiative has also seen improvements in patient safety and quality at the Georgetown Public Hospital Corporation, setting a model for national quality improvement [12].

Core Viewpoint - Hess Corporation reported better-than-expected fourth-quarter earnings, driven by increased production volumes despite lower crude and natural gas prices [2][3]. Financial Performance - Adjusted EPS for Q4 2024 was $1.76, exceeding the Zacks Consensus Estimate of $1.51, remaining flat year-over-year [2]. - Total quarterly revenues rose to $3,225 million from $3,035 million year-over-year, surpassing the Zacks Consensus Estimate of $3,032 million [2]. Production and Costs - Exploration and Production segment reported adjusted earnings of $529 million, slightly down from $531 million a year ago, impacted by lower realized prices [4]. - Hydrocarbon production increased to 495 MBoe/d from 418 MBoe/d year-over-year, primarily due to higher output in Guyana and Bakken [4]. - Crude oil production rose to 315 MBbls/d from 244 MBbls/d year-over-year, exceeding estimates [5]. - Operating expenses totaled $532 million, up from $473 million a year ago, with exploration expenses increasing to $139 million from $87 million [8]. Pricing Trends - Worldwide crude oil realization per barrel decreased to $72.10 from $78.95 year-over-year, while natural gas prices fell to $4.10 per Mcf from $4.51 [6]. Financial Position - Net cash provided by operating activities was $1,312 million, with capital expenditures for exploration and production at $1,677 million [9]. - As of December 31, 2024, cash and cash equivalents stood at $1,171 million, with long-term debt at $8,555 million [10]. Future Outlook - For Q1 2025, Hess expects net production of 465-475 MBoe/d and forecasts total capital and exploratory expenditure of $4.5 billion for 2025 [11]. - Recent estimates have shown a 9.52% upward revision trend, indicating positive market sentiment [12].

Core Insights - The market is showing potential for certain stocks, indicating that increased capital and attention may lead to higher returns for shareholders [1][2] Group 1: Hess Co. (NYSE: HES) - Hess stock has seen a 12% increase this year, prompting analysts to adopt a bullish outlook, with a 12-month price forecast of $170.60, representing a 16.15% upside [3][4] - UBS Group has raised its valuation for Hess stock to a high of $186 per share, suggesting a potential new 52-week high and a net upside of 23% from current trading levels [4][6] - Analysts forecast earnings per share (EPS) for Hess to reach $2.10 by Q3 2025, a 20% increase from the current EPS of $1.76, indicating strong future growth potential [6] Group 2: Steel Dynamics Inc. (NASDAQ: STLD) - Steel Dynamics stock has rallied 16.7% this year, leading to an 18.6% contraction in short interest, signaling bearish traders' capitulation [8][9] - Analysts have upgraded Steel Dynamics to an overweight rating, with a 12-month price forecast of $146.22, implying a 9.68% upside [7][10] - The stock's positive momentum is supported by improving industry dynamics and a favorable market environment [9][10] Group 3: Uber Technologies Inc. (NYSE: UBER) - Uber's stock is forecasted to reach $90.94, reflecting a 22.56% upside, driven by its scalable business model and implementation of artificial intelligence [11][13] - The company has achieved a gross margin of 33.2% and a return on invested capital (ROIC) of over 25% in the past year, indicating strong financial health [12][13] - Analysts at Evercore have maintained an outperform rating on Uber, with a target price of $115 per share, suggesting a potential rally of 50.5% from current levels [13][14]

Production and Reserves - Hess Corporation has discovered a significant resource base at the Stabroek Block, with plans to increase production capacity to approximately 1.7 million gross barrels of oil per day (bopd) by the end of 2030[31]. - The company currently operates three Floating Production Storage and Offloading (FPSO) units and aims to have eight FPSOs producing by 2030[31]. - Hess holds a 30% interest in the Stabroek Block, which is expected to support the potential for up to ten FPSOs based on discovered resources[31]. - Proved reserves as of December 31, 2024, included 891 million barrels of crude oil and condensate, 292 million barrels of natural gas liquids, and 1,528 million cubic feet of natural gas, totaling 1,438 million barrels of oil equivalent (boe)[34]. - Proved undeveloped reserves accounted for 42% of total proved reserves on a boe basis as of December 31, 2024, up from 41% in 2023[35]. - Worldwide crude oil production in 2024 was 111,519 thousand barrels, a significant increase from 81,941 thousand barrels in 2023[36]. - Net production from Guyana averaged 186,000 barrels of oil per day (bopd) in 2024, with plans to increase production capacity to approximately 1.7 million gross bopd by the end of 2030[42][41]. - The production from Guyana increased to 68,136 thousand barrels in 2024, up from 41,831 thousand barrels in 2023[36]. Financial Performance and Risks - Hess Corporation's future financial and operational results are subject to various risks, including regulatory approvals and market price fluctuations[10]. - The anticipated benefits and synergies from the proposed merger with Chevron Corporation may not be realized within the expected timeframe[11]. - The average selling price of crude oil per barrel in the United States increased to $72.70 in 2024 from $70.80 in 2023, a rise of 2%[56]. - Average production costs per barrel of oil equivalent in the United States decreased to $27.11 in 2024 from $27.61 in 2023, a decline of 1.8%[58]. - The average crude oil price used for determining proved reserves at December 31, 2024, was $74.88 per barrel for West Texas Intermediate (WTI)[34]. Exploration and Development Activities - The company is engaged in exploration activities primarily offshore Guyana, in the U.S. Gulf of America, and offshore Suriname[31]. - The company plans to operate four drilling rigs in the Bakken and drilled 136 wells in 2024, bringing total operated production wells to 1,864[38]. - The company drilled a total of eight successful exploration and appraisal wells in 2024, with plans to utilize five drillships for continued exploration and development activities in 2025[48]. - The company has sanctioned multiple developments in Guyana, including Yellowtail with a production capacity of approximately 250,000 gross bopd expected in Q4 2025, and Uaru with a similar capacity expected in 2026[43][44]. Midstream Operations - The Midstream segment includes a 38% consolidated ownership interest in Hess Midstream LP, providing fee-based services primarily in the Bakken shale play[32]. - Midstream segment revenues are primarily generated from fee-based services, with commercial agreements extended through December 31, 2033[72]. - Hess Midstream LP completed three public equity offerings totaling 35.7 million Class A shares in 2024[69]. - The natural gas gathering and compression system has a current capacity of approximately 675 mmcfd, with an additional 50 mmcfd of net compression capacity expected in 2024[73]. - The crude oil gathering system has a capacity of approximately 290,000 bopd[73]. Environmental and Regulatory Considerations - Hess Corporation's operations are influenced by environmental regulations and sustainability initiatives, which may impact operational changes and expenditures[11]. - The company is subject to increasingly stringent environmental regulations, which may lead to higher capital expenditures and operating expenses[86]. - Environmental remediation expenditures were $17 million in 2024, down from $28 million in 2023 and $23 million in 2022[86]. - The company is involved in several industry-wide task forces to improve oil spill prevention and response methods[79]. Human Capital and Corporate Culture - As of December 31, 2024, the company had a total of 1,797 employees globally[88]. - The company maintains a total workforce diversity rate of 26% for women and 26% for minorities in 2024, showing stability compared to previous years[95]. - The company’s human capital strategy focuses on professional development and employee engagement, with a commitment to fostering an inclusive workplace culture[87][91]. - The company emphasizes safety and well-being through various programs designed to ensure employees return home safely every day[90]. - The company has six employee resource groups that contribute to sustaining an inclusive environment and partnering with diverse organizations[93]. Merger and Acquisition Activities - The company entered into a Merger Agreement with Chevron, where stockholders will receive 1.025 shares of Chevron common stock for each share of Hess common stock if the Merger is completed[33]. - The arbitration regarding the applicability of a right of first refusal related to the Merger is scheduled for May 2025, with a decision expected in Q3 2025[33]. - The proposed merger with Chevron Corporation is expected to provide anticipated economic benefits, although it faces regulatory approval risks[10].

Group 1 - Hess Midstream LP (NYSE: HESM) has performed well over the past year, with a 21% increase in stock price and a nearly 7% dividend yield, reaching a 52-week high [1] - The company reported solid financial results on Wednesday, contributing to its strong stock performance [1] Group 2 - The article emphasizes the importance of macro views and stock-specific turnaround stories in achieving outsized returns with a favorable risk/reward profile [1]