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Hess Corp., which is facing a shareholder revolt for a perceived lack of focus and crony-heavy board, on Monday said it would become a pure-play exploration and production (E&P) company. The plan involves fully exiting the downstream business, selling Bakken Shale midstream, and bringing aboard six new independent directors.

Continuing the momentum from Monday’s 50.5-cent slide lower, January natural gas futures probed lower Tuesday on news that a majority of the U.S. might not be subjected to a stretch of below normal temperatures as previously predicted.