Hess Reports Estimated Results for the Third Quarter of 2012

02.11.2012 | Business Wire

Hess Reports Estimated Results for the Third Quarter of 2012

Third Quarter Highlights:

Net income was $557 million, compared with $298 million in the
third quarter of 2011
Net income excluding items affecting comparability between
periods was $495 million compared with $379 million in the third
quarter of 2011
Oil and gas production increased to 402,000 barrels of oil
equivalent per day, up from 344,000 in the third quarter of 2011
Production from the Bakken oil shale play in North Dakota
increased to 62,000 barrels of oil equivalent per day, up from 32,000
in the third quarter of 2011
Net cash provided by operating activities was $1,862 million,
compared with $1,022 million in the third quarter of 2011

Hess Corporation (NYSE: HES) reported net income of $557 ?million for the
third quarter of 2012, compared with $298 million for the third quarter
of 2011. The after-tax income (loss) by major operating activity was as
follows:

	?	?	?								?	?	?
				Three Months Ended										Nine Months Ended
				September 30, (unaudited)										September 30, (unaudited)
				2012		?	?	?	2011					2012		?	?	?	2011
				(In millions, except per share amounts)
Exploration and Production				$	608				$	422				$	1,887				$	2,148
Marketing and Refining					53					(23)					72					(23)
Corporate					(38)					(44)					(115)					(114)
Interest expense				?	(66)				?	(57)				?	(193)				?	(177)
Net income attributable to Hess Corporation				$	557				$	298				$	1,651				$	1,834
																				?
Net income per share (diluted)				$	1.64				$	.88				$	4.85				$	5.40
																				?
Weighted average number of shares (diluted)				?	340.0				?	340.2				?	340.3				?	339.8
?

Note: See the following page for a table of items affecting
comparability of earnings between periods.

Exploration and Production earnings were $608 million in the third
quarter of 2012, compared with $422 million in the third quarter of
2011. The Corporation′s average worldwide crude oil selling price,
including the effect of hedging, was $86.69 per barrel, up from $85.81
per barrel in the same quarter a year ago. The average worldwide natural
gas selling price was $5.88 per mcf in the third quarter of 2012, up
from $5.74 per mcf in the third quarter of 2011. Third quarter oil and
gas production was 402,000 barrels of oil equivalent per day, up from
344,000 barrels of oil equivalent per day in the third quarter of 2011,
primarily reflecting an increase in production from the Bakken oil shale
play and the resumption of operations in Libya. Net production from the
Bakken averaged 62,000 barrels of oil equivalent per day in the third
quarter of 2012 compared to 32,000 barrels of oil equivalent per day in
the same period last year. At the Waha concessions in Libya, net
production averaged 23,000 barrels of oil equivalent per day in the
third quarter of 2012. Due to civil unrest in the country, there was no
production in Libya in the same period last year.

Marketing and Refining generated income of $53 million in the third
quarter of 2012, compared with a loss of $23 million in the same period
in 2011. Marketing earnings were $17 million in the third quarter of
2012, down from $41 million in the third quarter of 2011 as a result of
lower margins. Port Reading refining operations generated income of $18
million in the third quarter of 2012, compared with break even in the
same quarter last year. Refining operations generated a loss of $38
million in the third quarter a year ago, almost entirely related to our
share of HOVENSA's results. The HOVENSA refinery was shut down in the
first quarter of 2012. Trading activities generated income of $18
million in the third quarter of 2012 and a loss of $26 million in the
same quarter of last year.

The following table reflects the total after-tax income (expense) of
items affecting comparability of earnings between periods:

Three Months Ended

Nine Months Ended

September 30, (unaudited)

2012

2011

2012

2011

(In millions)

Exploration and Production

(81)

244

Third quarter 2012 results included an after-tax gain of $349 million
from the sale of the Corporation′s interests in the Schiehallion Field
and associated assets in the United Kingdom North Sea for $524 million.
The results also included after-tax impairment charges of $116 million
that resulted from increases to the Corporation′s estimated abandonment
liabilities related to non-producing properties. Additionally, the
Corporation recorded a $56 million after-tax charge to write off its
assets in Peru following a decision to cease future appraisal and
development activities in the country. A one-time charge of $115 million
was also recorded to reflect the third quarter change in the United
Kingdom′s supplementary income tax rate to 20 percent from 32 percent
applicable to deductions for dismantlement expenditures.

Net cash provided by operating activities was $1,862 million in the
third quarter of 2012, compared with $1,022 million in the same quarter
of 2011. Capital and exploratory expenditures were $2,287 million, of
which $2,260 million related to Exploration and Production operations.
Capital and exploratory expenditures for the third quarter of 2011 were
$2,550 million, of which $2,517 million related to Exploration and
Production operations.

At September 30, 2012, cash and cash equivalents totaled $528 million,
compared with $351 ?million at December 31, 2011. Total debt was $7,841
million at September 30, 2012 and $6,057 million at December 31, 2011.
The Corporation′s debt to capitalization ratio at September 30, 2012 was
27.5 percent, compared with 24.6 percent at the end of 2011.

Hess Corporation will review third quarter financial and operating
results and other matters on a webcast at 10 a.m. today. For details
about the event, refer to the Investor Relations section of our website
at www.hess.com.

Hess Corporation, with headquarters in New York, is a leading global
independent energy company engaged in the exploration for and production
of crude oil and natural gas, as well as in refining and in marketing
refined petroleum products, natural gas and electricity. More
information on Hess Corporation is available at www.hess.com.

===================================================================

Forward-looking Statements

Certain statements in this release may constitute 'forward-looking
statements' within the meaning of Section 21E of the United States
Securities Exchange Act of 1934, as amended, and Section 27A of the
United States Securities Act of 1933, as amended. Forward-looking
statements are subject to known and unknown risks and uncertainties and
other factors which may cause actual results to differ materially from
those expressed or implied by such statements, including, without
limitation, uncertainties inherent in the measurement and interpretation
of geological, geophysical and other technical data.

	?	?	?			?	?	?			?	?	?
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES SUPPLEMENTAL FINANCIAL DATA (UNAUDITED) (IN MILLIONS)
														?
				Third					Third					Second
				Quarter					Quarter					Quarter
				2012					2011					2012
Income Statement
Revenues and Non-operating Income
Sales (excluding excise taxes) and other operating revenues				$	9,194				$	8,665				$	9,304
Income (loss) from equity investment in HOVENSA L.L.C.					-					(36)					-
Gains on asset sales					376					103					-
Other, net				?	49				?	(6)				?	5
															?
Total revenues and non-operating income				?	9,619				?	8,726				?	9,309
															?
Costs and Expenses
Cost of products sold (excluding items shown separately below)					6,019					6,181					5,969
Production expenses					712					609					677
Marketing expenses					259					266					265
Exploration expenses, including dry holes and lease impairment					259					199					196
Other operating expenses					41					43					41
General and administrative expenses					167					177					172
Interest expense					104					94					105
Depreciation, depletion and amortization					748					586					769
Asset impairments				?	208				?	358				?	59
															?
Total costs and expenses				?	8,517				?	8,513				?	8,253
															?
Income (loss) before income taxes					1,102					213					1,056
Provision (benefit) for income taxes				?	510				?	(54)				?	521
															?
Net income (loss)					592					267					535
Less: Net income (loss) attributable to noncontrolling interests				?	35				?	(31)				?	(14)
Net income (loss) attributable to Hess Corporation				$	557				$	298				$	549
															?
Supplemental Income Statement Information
Foreign currency gains (losses), after-tax				$	7				$	(2)				$	(5)
Capitalized interest					8					4					5
															?
Cash Flow Information
Net cash provided by operating activities (a)				$	1,862				$	1,022				$	1,240
															?
Capital and Exploratory Expenditures
Exploration and Production
United States				$	1,210				$	1,600				$	1,243
International				?	1,050				?	917				?	793
															?
Total Exploration and Production					2,260					2,517					2,036
Marketing, Refining and Corporate				?	27				?	33				?	42
															?
Total Capital and Exploratory Expenditures				$	2,287				$	2,550				$	2,078
															?
Exploration expenses charged to income included above
United States				$	39				$	48				$	33
International				?	88				?	68				?	67
															?
				$	127				$	116				$	100
															?

(a) Includes changes in working capital.

	?	?	?
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES SUPPLEMENTAL FINANCIAL DATA (UNAUDITED) (IN MILLIONS)
				?
				Nine Months
				2012			?	?	2011
Income Statement
Revenues and Non-operating Income
Sales (excluding excise taxes) and other operating revenues				$	28,180				$	28,733
Income (loss) from equity investment in HOVENSA L.L.C.					-					(133)
Gains on asset sales					412					446
Other, net				?	83				?	1
										?
Total revenues and non-operating income				?	28,675				?	29,047
										?
Costs and Expenses
Cost of products sold (excluding items shown separately below)					18,667					20,062
Production expenses					2,062					1,739
Marketing expenses					775					796
Exploration expenses, including dry holes and lease impairment					708					769
Other operating expenses					123					127
General and administrative expenses					506					515
Interest expense					313					290
Depreciation, depletion and amortization					2,198					1,732
Asset impairments				?	267				?	358
										?
Total costs and expenses				?	25,619				?	26,388
										?
Income (loss) before income taxes					3,056					2,659
Provision (benefit) for income taxes				?	1,369				?	849
										?
Net income (loss)					1,687					1,810
Less: Net income (loss) attributable to noncontrolling interests				?	36				?	(24)
Net income (loss) attributable to Hess Corporation				$	1,651				$	1,834
										?
Supplemental Income Statement Information
Foreign currency gains (losses), after-tax				$	11				$	(7)
Capitalized interest					18					8
										?
Cash Flow Information
Net cash provided by operating activities (a)				$	4,090	(b)			$	3,846
										?
Capital and Exploratory Expenditures
Exploration and Production
United States				$	3,694				$	2,933
International				?	2,565				?	2,226
										?
Total Exploration and Production					6,259					5,159
Marketing, Refining and Corporate				?	92				?	67
										?
Total Capital and Exploratory Expenditures				$	6,351				$	5,226
										?
Exploration expenses charged to income included above
United States				$	109				$	146
International				?	226				?	189
										?
				$	335				$	335
										?

(a)	Includes changes in working capital.
(b)	Net of payments to HOVENSA L.L.C. totaling $487 million to fully fund our share of previously accrued refining shutdown costs.

	?	?	?			?	?	?
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES SUPPLEMENTAL FINANCIAL DATA (UNAUDITED) (IN MILLIONS)
									?
				September 30,					December 31,
				2012					2011
Balance Sheet Information
										?
Cash and cash equivalents				$	528				$	351
Other current assets					7,629					7,988
Investments					401					384
Property, plant and equipment ? net					28,144					24,712
Other long-term assets				?	5,510				?	5,701
Total assets				$	42,212				$	39,136
										?
Short-term debt and current maturities of long-term debt				$	621				$	52
Other current liabilities					7,227					8,048
Long-term debt					7,220					6,005
Other long-term liabilities					6,492					6,439
Total equity excluding other comprehensive income (loss)					21,327					19,659
Accumulated other comprehensive income (loss)				?	(675)				?	(1,067)
Total liabilities and equity				$	42,212				$	39,136

	?	?	?
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES EXPLORATION AND PRODUCTION EARNINGS (UNAUDITED) (IN MILLIONS)
				?
				Third Quarter 2012
				United States			?	?	?	International			?	?	?	Total
Sales and other operating revenues				$	1,022					$	1,685					$	2,707
Gains on asset sales					-						376						376
Other, net				?	18					?	26					?	44
																	?
Total revenues and non-operating income				?	1,040					?	2,087					?	3,127
Costs and expenses
Production expenses, including related taxes					241						471						712
Exploration expenses, including dry holes and lease impairment					68						191						259
General, administrative and other expenses					49						30						79
Depreciation, depletion and amortization					393						332						725
Asset impairments				?	58					?	150					?	208
																	?
Total costs and expenses				?	809					?	1,174					?	1,983
																	?
Results of operations before income taxes					231						913						1,144
Provision (benefit) for income taxes				?	91					?	445					?	536
																	?
Results of operations attributable to Hess Corporation				$	140	(a)				$	468	(b)				$	608
																	?
				Third Quarter 2011
				United States						International						Total
Sales and other operating revenues				$	830					$	1,307					$	2,137
Gains on asset sales					-						103						103
Other, net				?	4					?	(10)					?	(6)
																	?
Total revenues and non-operating income				?	834					?	1,400					?	2,234
Costs and expenses
Production expenses, including related taxes					174						435						609
Exploration expenses, including dry holes and lease impairment					120						79						199
General, administrative and other expenses					44						27						71
Depreciation, depletion and amortization					209						355						564
Asset impairments				?	16					?	342					?	358
																	?
Total costs and expenses				?	563					?	1,238					?	1,801
																	?
Results of operations before income taxes					271						162						433
Provision (benefit) for income taxes				?	108					?	(97)					?	11
																	?
Results of operations attributable to Hess Corporation				$	163					$	259	(b)				$	422
																	?
				Second Quarter 2012
				United States						International						Total
Sales and other operating revenues				$	1,043					$	1,946					$	2,989
Gains on asset sales					-						-						-
Other, net				?	1					?	-					?	1
																	?
Total revenues and non-operating income				?	1,044					?	1,946					?	2,990
Costs and expenses
Production expenses, including related taxes					253						424						677
Exploration expenses, including dry holes and lease impairment					75						121						196
General, administrative and other expenses					50						29						79
Depreciation, depletion and amortization					335						408						743
Asset impairments				?	59					?	-					?	59
																	?
Total costs and expenses				?	772					?	982					?	1,754
																	?
Results of operations before income taxes					272						964						1,236
Provision (benefit) for income taxes				?	112					?	480					?	592
																	?
Results of operations attributable to Hess Corporation				$	160	(a)				$	484	(b)				$	644
																	?

(a)	The after-tax losses from crude oil hedging activities were $5 million in the third quarter of 2012 and $3 million in the second quarter of 2012.
(b)	The after-tax losses from crude oil hedging activities were $89 million in the third quarter of 2012, $82 million in the third quarter of 2011 and $86 million in the second quarter of 2012.

	?	?	?
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES EXPLORATION AND PRODUCTION EARNINGS (UNAUDITED) (IN MILLIONS)
				?
				Nine Months 2012
				United States			?	?	?	International			?	?	?	Total
Sales and other operating revenues				$	2,988					$	5,328					$	8,316
Gains on asset sales					-						412						412
Other, net				?	19					?	53					?	72
																	?
Total revenues and non-operating income				?	3,007					?	5,793					?	8,800
Costs and expenses
Production expenses, including related taxes					725						1,337						2,062
Exploration expenses, including dry holes and lease impairment					221						487						708
General, administrative and other expenses					137						86						223
Depreciation, depletion and amortization					1,007						1,120						2,127
Asset impairments				?	117					?	150					?	267
																	?
Total costs and expenses				?	2,207					?	3,180					?	5,387
																	?
Results of operations before income taxes					800						2,613						3,413
Provision (benefit) for income taxes				?	313					?	1,213					?	1,526
																	?
Results of operations attributable to Hess Corporation				$	487	(a)				$	1,400	(b)				$	1,887
																	?
				Nine Months 2011
				United States						International						Total
Sales and other operating revenues				$	2,434					$	5,014					$	7,448
Gains on asset sales					-						446						446
Other, net				?	(10)					?	-					?	(10)
																	?
Total revenues and non-operating income				?	2,424					?	5,460					?	7,884
Costs and expenses
Production expenses, including related taxes					490						1,249						1,739
Exploration expenses, including dry holes and lease impairment					357						412						769
General, administrative and other expenses					141						90						231
Depreciation, depletion and amortization					527						1,127						1,654
Asset impairments				?	16					?	342					?	358
																	?
Total costs and expenses				?	1,531					?	3,220					?	4,751
																	?
Results of operations before income taxes					893						2,240						3,133
Provision (benefit) for income taxes				?	340					?	645					?	985
																	?
Results of operations attributable to Hess Corporation				$	553					$	1,595	(b)				$	2,148
																	?

(a)	The after-tax losses from crude oil hedging activities were $34 million in the first nine months of 2012.
(b)	The after-tax losses from crude oil hedging activities were $300 million in the first nine months of 2012 and $244 million in the first nine months of 2011.

	?	?	?			?	?	?			?	?	?
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES EXPLORATION AND PRODUCTION SUPPLEMENTAL OPERATING DATA (UNAUDITED)
														?
				Third					Third					Second
				Quarter					Quarter					Quarter
				2012					2011					2012
Operating Data
Net Production Per Day (in thousands)
Crude oil - barrels
United States					109					82					109
Europe					80					68					98
Africa					75					59					79
Asia				?	17				?	15				?	18
Total				?	281				?	224				?	304
															?
Natural gas liquids - barrels
United States					16					13					15
Europe					2					3					3
Asia				?	1				?	1				?	1
Total				?	19				?	17				?	19
															?
Natural gas - mcf
United States					116					102					121
Europe					36					55					53
Asia and other				?	462				?	458				?	465
Total				?	614				?	615				?	639
Barrels of oil equivalent				?	402				?	344				?	429
															?
Average Selling Price
Crude oil - per barrel (including hedging)
United States				$	90.17				$	95.12				$	91.97
Europe					75.08					65.92					76.20
Africa					90.78					89.41					89.01
Asia					102.85					112.31					105.89
Worldwide					86.69					85.81					86.86
															?
Crude oil - per barrel (excluding hedging)
United States				$	90.87				$	95.12				$	92.48
Europe					75.36					65.92					76.58
Africa					110.33					113.03					105.72
Asia					103.20					112.31					106.17
Worldwide					92.35					92.33					91.83
															?
Natural gas liquids - per barrel
United States				$	38.35				$	57.72				$	40.75
Europe					56.82					82.18					66.15
Asia					64.67					71.30					75.16
Worldwide					41.71					63.64					45.56
															?
Natural gas - per mcf
United States				$	2.18				$	3.43				$	1.55
Europe					9.15					8.93					9.98
Asia and other					6.56					5.86					6.61
Worldwide					5.88					5.74					5.94

	?	?	?
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES EXPLORATION AND PRODUCTION SUPPLEMENTAL OPERATING DATA (UNAUDITED)
				?
				Nine Months
				2012		?	?	?	2011
Operating Data
Net Production Per Day (in thousands)
Crude oil - barrels
United States					104					78
Europe					91					86
Africa					75					70
Asia				?	17				?	14
Total				?	287				?	248
										?
Natural gas liquids - barrels
United States					15					13
Europe					3					3
Asia				?	1				?	1
Total				?	19				?	17
										?
Natural gas - mcf
United States					112					103
Europe					50					78
Asia and other				?	459				?	453
Total				?	621				?	634
Barrels of oil equivalent				?	409				?	371
										?
Average Selling Price
Crude oil - per barrel (including hedging)
United States				$	92.53				$	97.71
Europe					77.13					81.19
Africa					89.56					89.85
Asia					107.88					112.03
Worldwide					87.71					90.22
										?
Crude oil - per barrel (excluding hedging)
United States				$	94.46				$	97.71
Europe					78.18					81.19
Africa					111.28					111.20
Asia					109.92					112.03
Worldwide					94.58					95.89
										?
Natural gas liquids - per barrel
United States				$	42.60				$	58.86
Europe					75.67					78.09
Asia					75.95					74.18
Worldwide					49.05					63.70
										?
Natural gas - per mcf
United States				$	1.83				$	3.66
Europe					9.56					8.64
Asia and other					6.64					5.85
Worldwide					6.01					5.84

	?	?	?			?	?	?			?	?	?
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES MARKETING AND REFINING SUPPLEMENTAL FINANCIAL AND OPERATING DATA (UNAUDITED)
															?
				Third					Third					Second
				Quarter					Quarter					Quarter
				2012					2011					2012
Financial Information (in millions)
															?
Marketing and Refining Results
Income (loss) before income taxes				$	84				$	(23)				$	7
Provision (benefit) for income taxes				?	31				?	-				?	(1)
Results of operations attributable to Hess Corporation				$	53				$	(23)				$	8
															?
Summary of Marketing and Refining Results
Marketing				$	17				$	41				$	18
Refining					18					(38)					8
Trading				?	18				?	(26)				?	(18)
Results of operations attributable to Hess Corporation				$	53				$	(23)				$	8
?	?	?	?	?	?	?	?	?	?	?	?	?	?	?	?
															?
Operating Data
															?
Sales Volumes
Refined petroleum products (thousands of barrels per day)
Gasoline					214					222					212
Distillates					102					100					108
Residuals					48					53					54
Other				?	10				?	14				?	17
Total				?	374				?	389				?	391
															?
Natural gas (thousands of mcf per day)				?	1,900				?	1,800				?	1,860
															?
Electricity (megawatts round the clock)				?	4,765				?	4,900				?	4,405
															?
Retail Marketing
Number of retail stations (a)					1,361					1,358					1,361
Convenience store revenue (in millions) (b)				$	295				$	316				$	288
Average gasoline volume per station (thousands of gallons per month) (b)					196					201					194
															?
Port Reading
Refinery throughput (thousands of barrels per day)					68					63					69
Refinery utilization (capacity - 70,000 barrels per day)					97.0%					90.0%					98.0%
															?

(a)	Includes company operated, Wilco-Hess, dealer and branded retailer.
(b)	Company operated only.

	?	?	?			?	?	?
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES MARKETING AND REFINING SUPPLEMENTAL FINANCIAL AND OPERATING DATA (UNAUDITED)
										?
				Nine Months
				2012					2011
Financial Information (in millions)
										?
Marketing and Refining Results
Income (loss) before income taxes				$	111				$	28
Provision (benefit) for income taxes				?	39				?	51
Results of operations attributable to Hess Corporation				$	72				$	(23)
										?
Summary of Marketing and Refining Results
Marketing				$	57				$	137
Refining					20					(130)
Trading				?	(5)				?	(30)
Results of operations attributable to Hess Corporation				$	72				$	(23)
?	?	?	?	?	?	?	?	?	?	?
										?
Operating Data
										?
Sales Volumes
Refined petroleum products (thousands of barrels per day)
Gasoline					212					226
Distillates					109					116
Residuals					54					65
Other				?	15				?	20
Total				?	390				?	427
										?
Natural gas (thousands of mcf per day)				?	2,105				?	2,200
										?
Electricity (megawatts round the clock)				?	4,475				?	4,500
										?
Retail Marketing
Number of retail stations (a)					1,361					1,358
Convenience store revenue (in millions) (b)				$	855				$	899
Average gasoline volume per station (thousands of gallons per month) (b)					192					195
										?
Port Reading
Refinery throughput (thousands of barrels per day)					61					65
Refinery utilization (capacity - 70,000 barrels per day)					87.6%					92.5%
										?

(a)	Includes company operated, Wilco-Hess, dealer and branded retailer.
(b)	Company operated only.

Hess Corporation

Investor Contact:

Jay
Wilson, 212-536-8940

or

Media
Contact:

Jon Pepper, 212-536-8550

Bewerten 0 0

A A A


	Die mit * gekennzeichneten Felder sind Pflichtfelder.
Absender*
E-Mail-Adresse Empfänger*
Betreff*
Nachricht*	Hier ist eine interessante Information, die ich auf Rohstoff-Welt.de gefunden habe: https://www.rohstoff-welt.de/news/136580--Hess-Reports-Estimated-Results-for-the-Third-Quarter-of-2012.html

	Alle hinterlegten Daten der "Nachricht versenden"-Funktion werden ausschlißlich zu Übertragungszwecken verwendet und nicht gespeichert.
Zustimmung*	Mit Setzen des Häkchens im Kontrollkästchen bestätigen Sie uns, dass Sie unsere Datenschutzerklärung zur Kenntnis genommen haben und dass Sie unseren Allgemeinen Geschäftsbedingungen (AGB) zustimmen. Sie erklären sich damit einverstanden, dass Ihre Daten zur Bearbeitung Ihres Anliegens verwendet werden. Weitere Informationen und Widerrufshinweise finden Sie in der Datenschutzerklärung u. a. im Punkt "Informationsangebote".
BestÃ¤tigungscode*	Zum neu Laden auf das Bild klicken. Geben Sie die Zeichen aus dem Bild einEs wird nicht zwischen GroÃŸ und Kleinschreibung unterschieden

PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!

Weiteres aus der Rubrik: Meldungen, engl.