Hess Jumps To 6-Year High On Q2 Earnings, MLP Plan

Investors.com http://ift.tt/1xzCwQ8 Hess (HES) crushed second-quarter estimates and said it will form a master limited partnership to support exploration and growth in the oil-rich Bakken shale formation. The oil and natural gas company said the MLP will include railcars, trucking, storage and its natural gas processing facilities at its Bakken site. The company said Q2 earnings per share fell 9% to $1.38, beating the consensus estimate of analysts polled by Thomson Reuters by 20