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.
It's making the right moves.
About the Author
Joel is a University of Washington graduate and covers energy and materials for The Motley Fool. Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage.
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