Can Hess Dig Itself Out of Debt?
Nov 18th 2012 3:00PM
Updated Nov 18th 2012 11:52PM
In this video, Motley Fool energy analyst Joel South takes a closer look at some trends emerging in Hess' balance sheet. He notes that the company has a significant funding gap and discusses some of the company's announced sales that may fill that gap. He says the gap will also shrink now that the company has decreased its capital expenditure budget for 2013 compared with 2012.
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The article Can Hess Dig Itself Out of Debt? originally appeared on Fool.com.Joel South, Taylor Muckerman, and The Motley Fool have no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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