The Board of Directors of Hess declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on December 31, 2024 to holders of record at the close of business on December 16, 2024. 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 participate in a Keynote Fireside Chat at the Wolfe Research Oil & Gas Conference Wednesday, November 20 at 7:50 a.m. Eastern Time. A live audio webcast and a replay of the discussion will be accessible via Hess Corporation's website. Hess Corporation is a leading global [...]
Hess Corporation today reported net income of $498 million, or $1.62 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023. On an adjusted basis, the Corporation reported net income of $660 million, or $2.14 per share, in the third quarter of 2024. The increase in [...]
Hess Corp. announced today that on Wednesday, October 30 it will issue its third quarter earnings press release and post supplemental earnings information on its website. The company will not hold a conference call due to the definitive agreement announced on Oct 23, 2023 for Hess to be acquired by Chevron, subject to the agreement's closing [...]
Hess Corp. today announced that the Federal Trade Commission antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction. "We are very pleased that our merger with Chevron has cleared this significant regulatory hurdle," said CEO John Hess. "This transaction continues to be an [...]
The Board of Directors of Hess Corp. today declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on September 30, 2024 to holders of record at the close of business on September 16, 2024. The dividend represents an approximate 14% increase compared to the dividend for the second quarter of 2024 [...]
Hess Corp. today reported net income of $757 million, or $2.46 per share, in the second quarter of 2024, compared with net income of $119 million, or $0.39 per share, in the second quarter of 2023. On an adjusted basis, the Corporation reported net income of $809 million, or $2.62 per share in the second quarter of 2024, compared with $201 million [...]
Hess Corp announced today that on Wednesday, July 31, it will issue its second quarter earnings press release and post supplemental earnings information on its website. The company will not hold a conference call due to the definitive agreement announced on Oct 23, 2023 for Hess to be acquired by Chevron, subject to shareholder and regulatory [...]
LiTHOS Group Ltd. is pleased to announce it has entered into a non-binding letter of intent with 1481450 B.C. Ltd. , dated June 5th, 2024, pursuant to which the Company would acquire all of the outstanding securities of 1481450 from the securityholders of 1481450 . 1481450 has entered into an Agreement, and, at the time of Closing , will hold all [...]
Hess Corp. today announced that it has received the necessary approval of its stockholders for closing the company's merger with Chevron Corp.. At the special meeting of Hess stockholders held today, a majority of the outstanding shares of Hess common stock were voted in favor of the adoption of the merger agreement. "We are very pleased that the [...]
Hess Corp. today announced that independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. has recommended that Hess shareholders vote FOR the proposed merger with Chevron. In its report, Glass Lewis notes "the strategic and financial merits of the proposed merger are sound and reasonable" and that "Hess shareholders will [...]
The Board of Directors of Hess Corp. declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on June 28, 2024 to holders of record at the close of business on June 14, 2024. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil and [...]