Hess Corp. today announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana. Tripletail-1 encountered approximately 108 feet of a high quality oil bearing sandstone reservoir. Tripletail-1, drilled in 6,572 feet of water, is located approximately 3 miles northeast of the Longtail discovery. After completion of operations [...]
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, 2019 to holders of record at the close of business on September 16, 2019. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude [...]
Hess Corp. today announced that the Liza Destiny, Guyana’s first oil production vessel, has arrived at the Stabroek Block. The Floating, Production, Storage and Offloading vessel arrived following a 42 day journey from Singapore. This FPSO is a significant component of the Liza Phase 1 development, which involves four undersea drill centers [...]
Hess Corp. announced today that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on September 5, 2019 at 7:45 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 [...]
Hess Corp. today reported a net loss of $6 million, or $0.02 per common share, in the second quarter of 2019, compared with a net loss of $130 million, or $0.48 per common share, in the second quarter of 2018. On an adjusted basis, the Corporation reported a net loss of $28 million, or $0.09 per common share, in the second quarter of 2019, compared [...]
Hess Corp. published its 2018 Sustainability Report today, providing a comprehensive review of the company’s strategy and performance on environmental, social and governance programs and initiatives. An electronic version is available at http://www.hess.com/sustainability/sustainability-reports. “We believe sustainability is fundamental [...]
Hess Corp. announced today that it will hold a conference call on Wednesday, July 31, 2019 at 10 a.m. Eastern Time to discuss its second quarter 2019 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 8892577 after 9:45 a.m. Outside the United States, parties should [...]
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 28, 2019 to holders of record at the close of business on June 17, 2019. 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 present at the Bernstein 35th Annual Strategic Decisions Conference in New York on Wednesday, May 29 at 3:30 p.m. Eastern Time. A live audio webcast and a replay of the presentation will be available. Hess Corp. is a leading global independent energy company engaged in the [...]
Hess Corp. has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens of 2019. The annual list recognizes public companies across the United States for outstanding environmental, social and governance transparency and performance. Hess is ranked No. 30 on the 2019 [...]
Hess Corp. today announced it has received regulatory approval from the government of Guyana and has made a final investment decision to proceed with the second phase of development of the Liza Field on the Stabroek Block, offshore Guyana. Liza Phase 2 will utilize the Liza Unity Floating Production, Storage and Offloading vessel which will have [...]
Hess Corp. announced today that it has applied to the Ontario Securities Commission to cease to be a reporting issuer in Ontario . Hess has not been listed on a Canadian stock exchange for twenty years, and is not a reporting issuer in any other Canadian jurisdiction. If the OSC grants the Order, Hess will cease to be a reporting issuer in Canada [...]
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