Stock Message Boards
Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door ValueForum.com
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

First Trust Energy AlphaDEX Fund Experiences Big Outflow
Wednesday, June 18, 10:48 AM ET, by Market News Video Staff

Symbols mentioned in this story: FXN, GLNG, HES, MRO Exchange traded funds (ETFs) trade just ...

Top Buys by Top Brass: Executive Chairman O'Malley's $253K Bet on PBF
Wednesday, June 18, 12:32 PM ET, by Market News Video Staff

A company's own top management tend to have the best inside view into the business, ...

Top Buys by Directors: O'Malley's $253K Bet on PBF
Thursday, June 19, 11:19 AM ET, by Market News Video Staff

The directors of a company tend to have a unique inside view into the business, ...

W & T Offshore (WTI) Shares Cross Above 200 DMA
Monday, June 23, 11:31 AM ET, by Market News Video Staff

In trading on Monday, shares of W & T Offshore Inc (WTI) crossed above their ...

February 2015 Options Now Available For Hess (HES)
Monday, June 23, 11:57 AM ET, by Market News Video Staff

Investors in Hess Corp (HES) saw new options become available today, for the February 2015 ...

  More articles:  1 2 3 4 5 6 7 next »

Top Buys by Directors: Wilson's $250.8K Bet on HES

By Energy Stock Channel Staff, Friday, December 7, 3:31 PM ET
Play Video: One Reason For Insiders to Buy


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $250.8K by Robert N. Wilson, Director at Hess Corp (NYSE:HES).

Wilson bets big on HES:

Purchased Insider Title Shares Price/Share Value
11/13/2012 Robert N. Wilson Director 5,000 $50.16 $250,800.00

Wilson's average cost works out to $50.16/share. In trading on Friday, bargain hunters could buy shares of Hess Corp (NYSE:HES) and achieve a cost basis lower than Wilson, with shares changing hands as low as $48.95 per share. Shares of Hess Corp were changing hands at $49.53 at last check, trading up about 0.8% on Friday. The chart below shows the one year performance of HES shares, versus its 200 day moving average:

Hess Corp Chart

Looking at the chart above, HES's low point in its 52 week range is $39.67 per share, with $67.86 as the 52 week high point that compares with a last trade of $49.53.

According to the ETF Finder at ETF Channel, HES makes up 4.94% of the Dynamic Energy Exploration & Production Portfolio ETF (AMEX:PXE) which is trading up by about 0.6% on the day Friday.

See what other ETFs contain HES
See what other stocks are held by PXE


Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco's Oil & Gas Income Portfolio


This Article's Word Cloud:   Buying   Company   Corp   Definition   Director   ETFs   Earnings   Friday   Hess   Importance   Insider   NYSE   Price   Robert   Shares   Value   What   Wilson   about   above   average   buys   changing   chart   company   cost   director   directors   hands   have   hunters   last   make   maybe   open   other   point   portfolio   share   shares   stock   take   that   they   trading   week   what   when   which   with

Top Buys by Directors: Wilson's $250.8K Bet on HES | www.EnergyStockChannel.com | Copyright © 2010 - 2014, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.