Hess Corp.

Hess Corp. today announced a new discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated gross discovered recoverable resource of more than 5.5 billion barrels of oil equivalent on the Stabroek Block. “Yellowtail marks the 13th significant [...]

Hess Corp. announced today that it will hold a conference call on Thursday, April 25, 2019 at 10 a.m. Eastern Time to discuss its first 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 7774919 after 9:45 a.m. Outside the United States, parties should dial [...]

Hess Infrastructure Partners LP , a midstream energy joint venture between Hess Corp. and Global Infrastructure Partners and the sponsor of Hess Midstream Partners LP, a publicly traded master limited partnership , today announced that it has closed the previously announced acquisition of Hess’ existing Bakken water services business for a [...]

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 March 29, 2019 to holders of record at the close of business on March 18, 2019. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil and [...]

Hess Corp. today announced positive results from the Tilapia-1 and Haimara-1 wells offshore Guyana, bringing the total number of discoveries on the Stabroek Block to 12. “These two discoveries demonstrate the continuing exploration potential on the prolific Stabroek Block and add to the previously announced gross discovered recoverable [...]

Hess Corp. announced today that John Hess, Chief Executive Officer, will present at the Credit Suisse 24th Annual Energy Summit in Vail on Tuesday, February 12 at 7:30 a.m. Mountain 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 exploration and [...]

Hess Corp. today announced that the Company’s 8.00% Series A Mandatory Convertible Preferred Stock and related depositary shares, each representing a 1/20th interest in a share of Preferred Stock, will automatically convert into 21.8220 shares of the Company’s common stock per share of Preferred Stock on January 31, 2019. Cash will be [...]

Hess Corp. today reported a net loss of $4 million, or $0.05 per common share, in the fourth quarter of 2018, compared to a net loss of $2,677 million, or $8.57 per common share, in the fourth quarter of 2017. On an adjusted basis, the Corporation reported a net loss of $77 million, or $0.31 per common share, in the fourth quarter of 2018, compared [...]

Hess Corp. has been recognized for climate change stewardship, achieving leadership status in CDP’s 2018 Global Climate Analysis. Hess is the only U.S. energy company to achieve leadership status. This is the tenth year that Hess earned this recognition from CDP, an international nonprofit group seeking to drive sustainable economies. Scores [...]

Hess Corp. said today that drilling has begun on the Haimara-1 exploration well offshore Guyana, the first of two planned exploration wells in January. The Stena Carron drillship is drilling the Haimara-1 well, located 19 miles east of the Pluma-1 discovery in the southeastern part of the Stabroek Block. The Noble Tom Madden drillship will drill [...]