The stock of oil and gas company Hess Corp. has been in the dumps, down 27% for the year as of Tuesday. Chalk it up to lower oil prices, falling production and high operating costs. But some observers are starting to think that the company -- led by John Hess, son of founder Leon Hess -- has turned the corner. "Given YTD underperformance and our constructive oil call, we are buyers of HES [Hess] at this level," he writes. Besides lower oil prices, his concerns include exploration results, production growth and higher service costs.

Source: Forbes April 26, 2017 19:52 UTC