Hess Corp.

Hess Corp. today announced an eighth oil discovery offshore Guyana at the Longtail-1 exploration well, creating the potential for additional resource development in the southeast area of the Stabroek Block. The well encountered approximately 256 feet of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to 18,057 feet depth [...]

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 August 1, 2018 to holders [...]

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 29, 2018 to holders of record at the close of business on June 18, 2018. 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 Citi Global Energy & Utilities Conference in Boston on Tuesday, May 15 at 4:15 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 exploration and [...]

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 for 2018. The annual list recognizes public companies across the United States that demonstrate strong performance in such areas as environment, climate change, employee relations, human rights [...]

The LA 1 Coalition, today received a $300,000 grant from Hess Corporation to help build phase 2 of the Louisiana Highway One Improvement Project. The project supports the ongoing redevelopment of Louisiana Highway One, which is located in the state’s southern Lafourche Parish. The region is the gateway to energy production from the Gulf of [...]

Hess Corp. today announced that its subsidiary, Hess Guyana Exploration Limited, had reached agreement with Esso Exploration and Production Guyana Limited to acquire a 15 percent participating interest in the Kaieteur Block, offshore Guyana. The Cooperative Republic of Guyana has provided Hess and ExxonMobil an instrument detailing the transfer of [...]

Hess Corp. today reported a net loss of $106 million, or $0.38 per common share, in the first quarter of 2018, compared to a net loss of $324 million, or $1.07 per common share, in the first quarter of 2017. On an adjusted basis, the Corporation reported an after-tax net loss of $72 million, or $0.27 per common share, in the first quarter of 2018 [...]

Hess Corp. announced today that it will hold a conference call on Wednesday, April 25, 2018 at 10 a.m. Eastern Daylight Time to discuss its first 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 5598309 after 9:45 a.m. Outside the United States, parties [...]

Elliott Management Corporation , which manages funds that are collectively the fourth-largest shareholder in Hess Corp. , released the following statement supporting several changes announced by the Company: “We are pleased that Hess is initiating a comprehensive operating review with the goal of becoming the best-in-class operator in the [...]