Hess Corp. today announced a $1.4 million grant to the Jackie Robinson Foundation as part of the company's longstanding commitment to diversity, equity and inclusion. The grant includes $1 million to support the new Jackie Robinson Museum being built in New York City, which will serve as a venue for innovative educational programming and dialogue [...]
Hess Corp. today announced a $9 million financial commitment over the next three years as part of its Learning for Life Partnership to fund educational programs and support services for children in three economically disadvantaged communities in Houston that are part of Mayor Sylvester Turner's Complete Communities Initiative. Hess employees will [...]
Hess Corp. announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the J.P. Morgan 2021 Energy, Power & Renewables Conference June 23 at 8:50 a.m. Eastern Time. A live audio webcast and a replay of the discussion will be accessible via Hess Corp.'s website. Hess Corp. is a leading global independent energy [...]
Hess Corp. today announced a discovery offshore Guyana at the Longtail-3 well on the Stabroek Block. Drilling at Longtail-3 encountered 230 feet of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals. The well is located approximately two miles south of the Longtail-1 [...]
The Board of Directors of Hess Corp. today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on June 30, 2021 to holders of record at the close of business on June 15, 2021. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil and [...]
Hess Corp. announced today that John Hess, Chief Executive Officer, will participate in a fireside chat at the Alliance Bernstein 37th Annual Strategic Decisions Conference on Wednesday, June 2, 2021, at 1:30 p.m. Eastern Time. A presentation will be posted and a replay of the audio webcast will be accessible via Hess Corp.'s website. Hess Corp. is [...]
Hess Corp. announced today that John Hess, Chief Executive Officer, will participate in a fireside chat at the UBS Global Energy Virtual Conference on Wednesday, May 26, 2021, at 8:00 a.m. Eastern Time. A presentation will be posted and a replay of the audio webcast will be accessible via Hess Corp.'s website. Hess Corp. is a leading global [...]
Hess Corp. has once again been recognized as the No. 1 energy company on the 100 Best Corporate Citizens list, ranking No. 35 on the 2021 list for outstanding environmental, social and governance transparency and performance. The annual list ranks the Russell 1000 Index of publicly held U.S. companies based on an independent assessment by ISS-ESG [...]
Hess Corp. announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the Citi 2021 Global Energy & Utilities Virtual Conference on May 11, 2021 at 12:50 p.m. Eastern Time. A live audio webcast and a replay of the discussion will be accessible via Hess Corp.'s website. Hess Corp. is a leading global independent [...]
Hess Corp. announced today that it has completed the previously announced sale of its Little Knife and Murphy Creek acreage interests in the Bakken in North Dakota to Enerplus Corp. for a total consideration of $312 million, effective March 1, 2021. "The Bakken is a core asset in our company's portfolio," CEO John Hess said. "Sale of the Little [...]
Hess Corp. today reported net income of $252 million, or $0.82 per common share, in the first quarter of 2021, compared with a net loss of $2,433 million, or $8.00 per common share, in the first quarter of 2020 that included impairment and other after-tax charges of $2,251 million. On an adjusted basis, the net loss in the first quarter of 2020 was [...]
Hess Corp. today announced another oil discovery offshore Guyana at the Uaru-2 well on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate for the block of approximately 9 billion barrels of oil equivalent. Uaru-2 encountered approximately 120 feet of high quality oil bearing sandstone [...]
