Hess Corp. (NYSE:HES) announced today that the previously announced cash tender offer (the “Any and All Tender Offer”) for any and all of its outstanding 8.125% Notes due February 15, 2019 (the “Any and All Notes”) (CUSIP No. 42809HAB3) expired at 5:00 p.m., New York City time, on September 23, 2016. According to information provided by Global Bondholder Services Corporation, the information agent [...]
Hess Corp. (NYSE:HES) announced today the consideration to be paid in the previously announced cash tender offer (the “Offer”) for any and all of its outstanding 8.125% Notes due 2019 (the “Notes”). The Offer will expire at 5:00 p.m., New York City time, today, September 23, 2016, unless extended or earlier terminated. The applicable Reference Yield, Repurchase Yield and Total Consideration are [...]
Hess Corp. (NYSE:HES) announced today that it has agreed to sell $1 billion of senior notes with a 4.30% coupon maturing on April 1, 2027 and $500 million of senior notes with a 5.80% coupon maturing on April 1, 2047 in a registered public offering led by Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Mizuho Securities USA Inc. and MUFG Securities Americas Inc. Hess expects to use the net [...]
Hess Corp. (NYSE: HES) announced today the commencement of cash tender offers (the “Offers”) for the debt securities in the table below (collectively the “Notes”). Any and All of the Outstanding Securities Listed Below: Security (CUSIP No.) Initial Principal Amount U.S. Treasury Reference Security ...
Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the seventh 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 most sustainable companies in each industry are considered [...]
The Board of Directors of Hess Corp. (NYSE:HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on September 30, 2016 to holders of record at the close of business on September 19, 2016. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corp. is available [...]
The Board of Directors of Hess Corp. (NYSE:HES) 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, 2016 to holders of record at the close of business on October 15, 2016. The [...]
Hess Corp. (NYSE:HES) announced today that John Hess, Chief Executive Officer, will present at the Barclays 2016 Global CEO Energy-Power Conference in New York on September 8 at 7:45 a.m. ET. A live audio webcast and a replay of the presentation will be accessible via Hess Corporation’s website. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil and [...]
Hess Corp. (NYSE: HES) today reported a net loss of $392 million, or $1.29 per common share, in the second quarter of 2016 compared with a net loss of $567 million, or $1.99 per common share, in the second quarter of 2015. On an adjusted basis, the Corporation reported a net loss of $335 million, or $1.10 per common share, in the second quarter of 2016 compared with an adjusted net loss of $147 million, or $0.52 per [...]
Hess Corp. (NYSE:HES) today released its 2015 Corporate Sustainability Report, providing a comprehensive look at 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. This Smart News Release features an interactive multimedia capsule. View the full release here [...]
Hess Corp. (NYSE:HES) announced today that it will hold a conference call on Wednesday, July 27, 2016, at 10 a.m. Eastern Daylight Time to discuss its second quarter 2016 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 43359063 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 43359063. This [...]
Hess Corp. (NYSE:HES) today announced positive results from the Liza-2 exploration well in the Stabroek block offshore Guyana. The results confirm a world-class oil discovery with estimated recoverable resource for the Liza prospect of between 800 million and 1.4 billion barrels of oil equivalent. “We are very encouraged by the drilling results to date of the Liza prospect, which we believe has the potential to [...]