1315 ET - UBS analysts say in a research report that heading into 2Q25 results, they expect continued strong performance across Hess's asset base. They also note that it could be the last quarterly update From Hess as a standalone company. Guyana operations remain strong, and Bakken volumes are expected to have recovered following a pull back in 1Q, hurt by winter weather. For 2Q, the analysts see higher-than-expected cash flow per share than Street estimates, as well as production just above the midpoint of Hess's most recent guidance. "Following recent investor meetings with Hess in London, we see both event driven and fundamental investors leaning towards a favorable Chevron/Hess ruling in arbitration, and we maintain our 3Q25 Chevron-Hess transaction close forecast," they write. (connor.hart@wsj.com)

(END) Dow Jones Newswires

July 07, 2025 13:15 ET (17:15 GMT)

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