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April 24, 2024


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About the Company

Hess Corporation (formerly Amerada Hess Corporation) is an American global independent energy company involved in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968. Leon Hess was CEO from the early 1960s through 1995, after which his son John B Hess succeeded him as chairman and CEO. The company has agreed to be acquired by rival oil company Chevron. Headquartered in New York City, the company ranked 394th in the 2016 annual ranking of Fortune 500 corporations. In 2020, Forbes Global 2000 ranked Hess as the 1,253rd largest public company in the world. The company has exploration and production operations on-shore in the United States (North Dakota) and Libya, and off-shore in the United States (Gulf of Mexico), Canada, South America (Guyana and Suriname), and Southeast Asia (Malaysia and the Joint Development Area of Malaysia and Thailand).

Sector

Energy & Transportation

Industry

Petroleum Refining

Employees

1621

Exchange

NYSE

$11B

Total Revenue

2K

Employees

$49B

Market Capitalization

34.76

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $HES News

Hess Q1 Earnings Trump Forecasts Ahead of Acquisition by Chevron

8h ago, source: Crude Oil Prices

Hess Corporation (NYSE: HES) reported on Thursday much higher-than-expected net income for the first quarter of 2024 amid ...

Chevron, Hess extend merger completion date by six months

on MSN ago, source:

Chevron (CVX) and Hess (NYSE:HES) extended the completion date for their proposed merger to October 22 from April 18, ...

Hess: Q1 Earnings Snapshot

11h ago, source: The Washington Post

NEW YORK — NEW YORK — Hess Corp. (HES) on Thursday reported first-quarter earnings of $972 million. On a per-share basis, the New York-based company said it had net income of $3.16. The results ...

Hess Reports Estimated Results for the First Quarter of 2024

15h ago, source: Yahoo Finance

Sanctioned development of Whiptail, the sixth development on the Stabroek Block, offshore Guyana; expected to add gross ...

Hess Corporation And An Acquisition That Might Not Close

11d ago, source:

Hess Corporation's share price is approaching its late-2023 highs. Check out why I think HES stock remains a valuable ...

Hess Sets Date for Shareholder Vote on Chevron Merger

1d ago, source: Marine Link

Hess Corp on Wednesday said its board has set April 12 as the record date for the determination of the stockholders entitled ...

Chevron-Hess Tie Up Could Drag Until Next Year Courtesy of Exxon

13d ago, source: Crude Oil Prices

Chevron’s acquisition of Guyana superstar Hess could be delayed until next year thanks to Exxon Mobil’s arbitration case ...

Hess profits surge thanks to higher production in Guyana and Bakken

9h ago, source: Upstream

US producer Hess saw profits leap by $626 million in the first quarter of 2024 thanks to higher production volumes in the ...

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