Hess Corp. announced today that it will hold a conference call on Wednesday, October 31, 2018 at 10 a.m. Eastern Time to discuss its third quarter 2018 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 6968468 after 9:45 a.m. Outside the United States, parties should [...]
Hess Corp. will hold an Investor Day on December 12, 2018 at 1:00 p.m. CT in Houston, TX. The meeting will feature presentations by CEO John Hess and other members of the Hess leadership team. A live webcast of the meeting will be available on the Hess website at www.hess.com. The presentation and webcast will be archived and available for replay [...]
Hess has earned a place on the prestigious Dow Jones Sustainability Index North America for the ninth 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 decisions. Only [...]
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 28, 2018 to holders of record at the close of business on September 17, 2018. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude [...]
The Board of Directors of Hess Corp. today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on November 1, 2018 to [...]
Hess Corp. today announced that it has completed the previously announced sale of its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effective April 1. Proceeds from this transaction will be used to invest in the company’s higher [...]
Hess Corp. today announced a ninth oil discovery offshore Guyana at the Hammerhead-1 well, marking its fifth oil discovery on the Stabroek Block in the past year and proving a new play concept for potential development. Hammerhead-1 encountered approximately 197 feet of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to [...]
Hess Corp. announced today that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on September 6, 2018 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 $130 million, or $0.48 per common share, in the second quarter of 2018, compared to a net loss of $449 million, or $1.46 per common share, in the second quarter of 2017. On an adjusted basis, the Corporation reported an after-tax net loss of $56 million, or $0.23 per common share, in the second quarter of [...]
Hess Corp. today announced an increased estimate of gross discovered recoverable resources for the Stabroek Block, offshore Guyana to more than 4 billion barrels of oil equivalent, up from the previous estimate of 3.2 billion barrels of oil equivalent. The increase follows completion of testing at the Liza-5 appraisal well, a discovery at Ranger [...]
Hess Corp. published its 2017 Sustainability Report today, providing a comprehensive review of the company’s strategy and performance on safety, environmental, social and governance programs and initiatives. An electronic version is available at http://www.hess.com/sustainability/sustainability-reports. “Our company is committed to [...]
Hess Corp. announced today that it will hold a conference call on Wednesday, July 25, 2018 at 10 a.m. Eastern Time to discuss its second quarter 2018 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 2156325 after 9:45 a.m. Outside the United States, parties should [...]
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