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  "documentTitle": "Hess Corporation (HES)",
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      "text": "Total Estimated Stock Price Appreciation 94% to 153%",
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      "text": "Estimated stock price appreciation = 51% to 58%\nRealize full market value for Bakken, Eagle Ford and Utica acreage",
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      "text": "Estimated stock price appreciation = 26% to 73%\nAchieve peer multiple for focused international portfolio",
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      "text": "Estimated stock price appreciation = 17% to 23%\nRemove management distraction\nFund midstream assets with lower cost of capital",
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      "text": "1. Spin off Bakken, Eagle Ford and Utica to create US resource play focused company\n2. Divest downstream assets and monetize resource play infrastructure\n3. Focus remaining conventional portfolio on core areas of competitive advantage",
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      "text": "1. Elliott internal estimates based upon publicly available data",
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