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flag Hess reports strong Q3 earnings, exceeding estimates, but insiders sell significant shares.

flag Hess, an oil and gas producer, saw its Q3 earnings exceed estimates, with EPS of $2.14 and a 12.7% revenue increase to $3.20 billion. flag Analysts gave a "Moderate Buy" rating with a target price of $170.50. flag The company announced a quarterly dividend of $0.50 per share, yielding 1.37%. flag However, insiders sold over 314,000 shares recently. flag Hess Midstream is also set to release Q4 earnings, with analysts predicting EPS of $0.65 and revenue of $392.13 million.

3 months ago
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