Replies to post #4805 on The Rising Influence of Rising Affluence

[DewDiligence]

HES CEO, John Hess, bought $2.5M worth of stock on 4/30/12 at $52/sh:

http://www.sec.gov/Archives/edgar/data/4447/000120919112025003/xslF345X03/doc4.xml

The latest purchase increased the number of Hess’ directly-held HES shares by 17%. (Hess owns a much larger stake through various trusts.)

The 4/30/12 transaction was Hess’ second large purchase of HES shares during 2012: on 1/30/12, Hess bought $5M worth of stock at approximately $55/sh (http://www.sec.gov/Archives/edgar/data/4447/000120919112006247/xslF345X03/doc4.xml ).

All told, therefore, Hess has bought $7.5M worth of HES stock this year on the open market.