Hess Closing Its Gas Stations
The company will instead focus on oil production and exploration.
Recently, Elliott Management, one of the company’s largest shareholders, "accused the board of ‘poor oversight,’ and said that the company’s management was responsible for more than a ‘decade of failures,’” reported the Associated Press.
The closings will include the Hess Station at 1910 Andover St., Tewksbury.
Many of the stations are owned by Hess rather than franchises, reported AP. No timetable has been announced for the closings.