Pumpjacks taken out of production temporarily stand idle at a Hess site while new wells are fracked near Williston, North Dakota November 12, 2014. REUTERS/Andrew Cullen/File Photo HOUSTON (Reuters) – U.S. oil and gas producer Hess Corp said Wednesday it expects output of barrels of oil equivalent to grow more than 10 percent per year compounded through 2025, citing higher growth opportunities at its Bakken shale and offshore Guyana projects. The company projects higher margins will drive compound annual cash flow growth of 20 percent through 2025, it announced ahead of a meeting with Wall Street investors. Hess will be “moving from our investment phase to return to free capital,” Chief Executive John Hess said during a meeting with analysts that was broadcast over the internet. “We are at a transformative inflection point,” he said. Hess expects the first production from the first Guyana discovery to be tapped in […]