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Industry Focus

Energy: Is This The Best E&P Stock To Buy Now?

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 29 March 2018

⏱️ 28 minutes

🧾️ Download transcript

Summary

A big restructuring that could begin to pay off for investors soon could make this a great time to add Hess Corp. to your portfolio.

Transcript

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0:00.0

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0:05.4

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0:20.0

Welcome to Industry Focus, the show that dives into a different sector of the stock market every day.

0:28.0

Today we're talking Energy and Industrials.

0:30.0

It's Thursday the 29th of March and we're going to be talking about an upstream oil stock that might be an opportunity.

0:37.0

We haven't heard about any of those for a while.

0:39.0

I'm your host Sarah Priestley and joining me in the studio is Motley 4 senior contributor Todd Campbell

0:44.9

Todd thank you very much for joining me on the show today.

0:47.8

I am so excited to be here Sarah I mean as listeners may know I'm I usually am talking about health care stocks, but as a generalist, it's always so much fun to join some of the other shows and talk about some of the other really interesting stocks that I'm coming across as I'm doing my own work.

1:04.0

Well, I was going to say if anybody listens to all of the shows, they will most definitely recognize you from Christine's show on Wednesday.

1:11.0

But yeah, thank you very much for joining us. I couldn't not have you on. on be this one and lo and behold I was so surprised it was an energy company which I

1:24.7

never see people you know it's obviously is very in vogue to be bearish on oil as it has

1:29.2

been for the past three years four years so yeah, the company that you chose was HES Corporation, the ticket is HES.

1:37.0

HES is now solely an upstream oil producer, it span off its midstream business, into Hess Midstream Partners last year.

1:45.8

And upstream means they are an exploration and production company.

1:49.2

I think we've covered this in a previous episode, but it just means that they go looking for oil and gas

1:53.6

deposits they drill the exploratory wells all the good stuff that goes along with

...

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