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

Featured MNV Articles:

ALJ Dividend Yield Pushes Above 6%
Tuesday, March 29, 3:14 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Alon USA Energy Inc (ALJ) were yielding above the ...

Surprising Analyst 12-Month Target For PXE
Thursday, April 7, 7:40 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

WNR Ex-Dividend Reminder - 4/14/16
Tuesday, April 12, 9:56 AM ET, by Market News Video Staff

On 4/14/16, Western Refining Inc (WNR) will trade ex-dividend, for its quarterly dividend of $0.38, ...

KOS Makes Bullish Cross Above Critical Moving Average
Tuesday, April 12, 4:27 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Kosmos Energy Ltd (KOS) crossed above their 200 day ...

SM Ex-Dividend Reminder - 4/20/16
Monday, April 18, 10:20 AM ET, by Market News Video Staff

On 4/20/16, SM Energy Co. (SM) will trade ex-dividend, for its semi-annual dividend of $0.05, ...

  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:   Corp   Director   Friday   Hess   Insider   NYSE   Portfolio   Price   Robert   Share   Shares   Special   Value   Wilson   about   average   bargain   both   business   buys   changing   chart   company   cost   directors   earned   expect   hands   last   make   makes   maybe   other   period   point   portfolio   share   shares   stock   take   that   they   trading   unique   view   week   what   which   wise   with

Top Buys by Directors: Wilson's $250.8K Bet on HES | | Copyright © 2010 - 2016, 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.