Replies to post #10250 on The Rising Influence of Rising Affluence

[DewDiligence]

WSJ oops—photo in this HES article is not a HES asset anymore:

http://www.wsj.com/articles/hess-to-sell-50-stake-in-bakken-midstream-assets-for-2-68-billion-1434027236

:- )

[DewDiligence]

p.s. HES’ Bakken-midstream JV is structured as an MLP, and hence is exempt from corporate income taxes.

[WorstLuck]

[HES] That bounce is gone and many oil stocks are hitting 52 week lows.

Curious how people are looking at the sector now compared to last December. Considering starting a position - may wind up with a smallish position anyhow as I sold close dated puts at the 65 strike.