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  "documentTitle": "Hess Corporation (HES)",
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  "authorName": "Elliott Management",
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  "presentationDate": "2013-04-15 00:00:00",
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      "text": "Mkt Cap as Multiple of Hess: 2.2x",
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      "text": "Source: Company filings; As of 11/28/12; Wood Mackenzie - September 2012 Hess Corporate Report; Bank of America Merrill Lynch, April 1 2013",
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      "text": "Table comparing Hess, Anadarko, Noble, Conoco, Marathon, and Continental across Mkt Cap, Revenue, Production, and PP&E metrics.",
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      "text": "On The Basis of Size, N.A. Gas Exposure, and % of PP&E Outside of Upstream, Anadarko And Noble Are The Most Comparable Peers; Conoco And Marathon Are Instructive Given Similar Transitions to Pure-play E&P; Continental Is Closest Comparable For Bakken Position",
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