Hess Corp.

Hess Corp. announced today that it will hold a conference call on Wednesday, October 28, 2020 at 10 a.m. Eastern Time to discuss its third quarter 2020 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 2148568 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 2148568. This conference call will [...]

Hess Corp. announced today that it has entered into an agreement to sell its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP Billiton, the field’s operator, for a total consideration of $505 million, subject to customary adjustments, with an effective date of July 1, 2020. The field produced an average of 11,000 net barrels of oil equivalent per day in the first eight months of 2020 [...]

Hess Corp. today announced it has made a final investment decision to proceed with development of the Payara Field offshore Guyana after the development plan received approval from the government of Guyana. Payara is the third oil development on the Stabroek Block; gross production capacity from the three developments is expected to reach approximately 560,000 barrels of oil per day in 2024. Payara will utilize the [...]

Hess Corp. announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the J.P. Morgan U.S. All Stars Conference September 15 at noon 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 the exploration and production of crude oil and natural gas. More [...]

Hess Corp. today announced another oil discovery offshore Guyana at the Redtail-1 well, the 18th discovery on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate for the block of more than 8 billion barrels of oil equivalent. Redtail-1 encountered approximately 232 feet of high quality oil bearing sandstone and was drilled in 6,164 feet of water. The well is [...]

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, 2020 at 8:25 a.m. ET. A live audio webcast and a replay of the presentation will be accessible via Hess Corp.’s website. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on [...]

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, 2020 to holders of record at the close of business on September 15, 2020. 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 at [...]

Hess Corp. today reported a net loss of $320 million, or $1.05 per common share, in the second quarter of 2020, compared with a net loss of $6 million, or $0.02 per common share, in the second quarter of 2019. On an adjusted basis, the second quarter 2019 net loss was $28 million, or $0.09 per common share. The decrease in after-tax results compared with adjusted results in the prior-year period primarily reflects lower [...]

Hess Corp. today announced publication of its 23rd 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 2019 Sustainability Report is available on the company’s website at www.hess.com/sustainability/sustainability-reports. “Our company’s purpose – to be the world’s most trusted energy [...]

Hess Corp. announced today that it will hold a conference call on Wednesday, July 29, 2020 at 10 a.m. Eastern Time to discuss its second quarter 2020 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 2437789 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 2437789. This conference call will [...]