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 December 30, 2020, to holders of record at the close of business on December 15, 2020. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude [...]
Hess Corp. has earned a place on the prestigious Dow Jones Sustainability Index North America for the eleventh consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders who consider sustainability when making investment [...]
Hess Corp. announced today that John Hess, Chief Executive Officer, will speak at the Bank of America Securities 2020 Global Energy Conference on November 10, 2020 at 10:00 a.m. Eastern Time. A live audio webcast and a replay of the presentation will be accessible via Hess Corp.’s website Hess Corp. is a leading global independent energy company [...]
Hess Corp. announced today that it has completed the previously announced sale of its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP, the field’s operator, for a total consideration of $505 million, subject to customary adjustments, with an effective date of July 1, 2020. “This transaction brings value forward in [...]
Hess Corp. today reported a net loss of $243 million, or $0.80 per common share, in the third quarter of 2020, compared with a net loss of $212 million, or $0.70 per common share, in the third quarter of 2019. On an adjusted basis, the Corporation reported a net loss of $216 million, or $0.71 per common share, in the third quarter of 2020, compared [...]
Hess Corp. announced today that it will hold a conference call on Wednesday, October 28, 2020 at 10 a.m. Eastern Time to discuss its third quarter 2020 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 2148568 after 9:45 a.m. Outside the United States, parties should [...]
Hess Corp. announced today that it has entered into an agreement to sell its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP Billiton, the field’s operator, for a total consideration of $505 million, subject to customary adjustments, with an effective date of July 1, 2020. The field produced an average of 11,000 net [...]
Hess Corp. today announced it has made a final investment decision to proceed with development of the Payara Field offshore Guyana after the development plan received approval from the government of Guyana. Payara is the third oil development on the Stabroek Block; gross production capacity from the three developments is expected to reach [...]
Hess Corp. announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the J.P. Morgan U.S. All Stars Conference September 15 at noon 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 company engaged in [...]
Hess Corp. today announced another oil discovery offshore Guyana at the Redtail-1 well, the 18th discovery on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate for the block of more than 8 billion barrels of oil equivalent. Redtail-1 encountered approximately 232 feet of high quality oil [...]
Hess Corp. announced today that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on September 9, 2020 at 8:25 a.m. ET. A live audio webcast and a replay of the presentation will be accessible via Hess Corp.’s website. Hess Corp. is a leading global independent energy company engaged in the [...]
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 September 30, 2020 to holders of record at the close of business on September 15, 2020. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude [...]