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Just saw that the CEO of Hess offloaded like 77 million bucks worth of stock back in November. That's a pretty fat check to take off the table honestly. Dude sold over 500k shares at around 142 per share. When insiders start cashing out like that, you gotta wonder what they're thinking right? Like is it just portfolio rebalancing or are they seeing something we're not.
The company itself looks solid on paper though - strong margins, decent earnings per share, growing revenue. But that debt ratio is a bit chunky compared to peers. Stock's trading around that same price point, so no crazy moves after the news dropped. Anyway, john hess net worth just got a nice boost from that transaction lol. Makes you think about the difference between what executives say publicly versus what they actually do with their own money.