Hess Corp.

Hess Corp. today announced it has made a final investment decision to proceed with Whiptail, the sixth development on the Stabroek Block, after receiving government and regulatory approvals. Whiptail is expected to add gross production capacity of approximately 250,000 barrels of oil per day by the end of 2027. The $12.7 billion Whiptail [...]

Hess Corp. announced today that on Thursday, April 25 it will issue its first 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 [...]

The Board of Directors of Hess Corp. today declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on March 28, 2024 to holders of record at the close of business on March 18, 2024. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil [...]

Hess Corp. has been recognized for climate change stewardship in CDP's Climate Change Scores for 2023, significantly outperforming the oil & gas extraction and production sector average, the overall North American regional average and the global average. Hess has earned Leadership status for 15 consecutive years from CDP, an international nonprofit [...]

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Hess Corp. announced today that on Wednesday, Jan 31 it will issue its fourth 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 October 23, 2023 for Hess to be acquired by Chevron, subject to shareholder and regulatory [...]

Hess Corp. has earned a place on the prestigious Dow Jones Sustainability Index North America for the 14th consecutive year and for the second time has been included in the Dow Jones Sustainability World Index , which comprises global sustainability leaders identified by S&P Global through its Corporate Sustainability Assessment. Only the most [...]

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 December 29, 2023 to holders of record at the close of business on December 18, 2023. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil [...]

Hess Corp. today announced startup of production from the Payara development on the Stabroek Block offshore Guyana, utilizing the Prosperity floating production, storage and offloading vessel. The Prosperity is expected to reach its initial production of 220,000 gross barrels of oil per day over the first half of 2024 as new wells are brought [...]

Hess Corporation today reported net income of $504 million, or $1.64 per share, in the third quarter of 2023, compared with net income of $515 million, or $1.67 per share, in the third quarter of 2022. On an adjusted basis, the Corporation reported net income of $583 million, or $1.89 per share, in the third quarter of 2022. The decrease in [...]