Hess Corp.

Hess Corp. announced today that it will hold a conference call on Wednesday, October 27, 2021 at 10 a.m. Eastern Time to discuss its third quarter 2021 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 5934198 after 9:45 a.m. Outside the United States, parties should [...]

Hess Corp. has received a AAA rating in the MSCI environmental, social and governance ratings for 2021 after earning AA ratings from MSCI ESG for 10 consecutive years. The AAA rating designates Hess as a leader in managing industry specific ESG risks relative to peers. MSCI provides research, ratings and analysis of the ESG business practices of [...]

Hess Corp. today announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 10 billion barrels of oil equivalent, up from the previous estimate of more than 9 billion barrels of oil equivalent. The updated resource estimate includes another significant discovery on the [...]

Hess Corp. today announced another oil discovery on the Stabroek Block offshore Guyana at Pinktail. The Pinktail well encountered 220 feet of net pay in high quality oil bearing sandstone reservoir. Pinktail is located approximately 21.7 miles southeast of the Liza Phase 1 development, which began production in December 2019, and 3.7 miles [...]

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 30, 2021 to holders of record at the close of business on September 15, 2021. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude [...]

Hess Corp. announced today that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on September 9, 2021 at 8:00 a.m. Eastern Time. A live audio webcast and a replay of the discussion will be accessible via Hess Corp.'s website. Hess Corp. is a leading global independent energy company engaged in [...]

Hess Corp. announced today that it has completed the previously announced sale of its subsidiary Hess Denmark ApS, which holds a 61.5% interest in the South Arne Field, to Ineos E&P AS for a total consideration of $150 million, effective January 1, 2021. "The sale of our Denmark asset enables us to further focus our portfolio and strengthen our [...]

Hess Corp. today reported a net loss of $73 million, or $0.24 per common share, in the second quarter of 2021, compared with a net loss of $320 million, or $1.05 per common share, in the second quarter of 2020. On an adjusted basis, net income in the second quarter of 2021 was $74 million, or $0.24 per common share. The improvement in adjusted [...]

Hess Corp. today announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail. The Whiptail-1 well encountered 246 feet of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which is located 3 miles northeast of Whiptail-1 and has encountered 167 feet of net pay in [...]

Hess Corp. today announced publication of its 24th annual sustainability report, which provides a comprehensive review of the company's strategy and performance on environmental, social and governance programs and initiatives. Hess Corp.'s 2020 Sustainability Report is available on the company's website at [...]