Equity research notes on Hess Corp and MGM Resorts International (Q1 2017 outlook)

Equity research notes on Hess Corp and MGM Resorts International (Q1 2017 outlook) The document contains routine investment analysis and financial metrics without any allegations, controversial actions, or links to high‑profile individuals or agencies. It offers no actionable investigative leads. Key insights: Hess Corp has strong balance sheet metrics (net debt/cap 14%, $2.9 bn cash) as of Q3 2016.; Hess expects supportive commodity backdrop and exploration news flow for Q1 2017.; MGM Resorts is projected to reduce net debt/EBITDA below 4x by end‑2017 and potentially upgrade to investment grade.