Hess Corp (HES)
140.20 -0.87 (-0.62%)
Hess Corporation is an integrated energy company engaged in the exploration, production, refining, and marketing of oil and natural gas. The company operates primarily in the United States and Guyana, focusing on developing its extensive portfolio of assets in both conventional and unconventional resources. Hess is involved in the production of crude oil and natural gas, along with the refining and delivery of petroleum products to consumers. Additionally, the company is committed to sustainable practices and advancing technology to enhance its operational efficiency and environmental stewardship.
Hess Recognized for Sustainability Performance
Hess Corporation (NYSE: HES) has achieved the highest rating – now called “Level 5” – for the fifth consecutive year in the Transition Pathway Initiative (TPI) 2024 Management Quality assessment. For 2024, Hess is the only U.S. oil and gas company to achieve a Level 5 rating. TPI rates more than 2,000 companies in their management of greenhouse gas emissions and the strategic risks and opportunities of a low carbon economy in line with other disclosure frameworks including CDP, the Global Reporting Initiative, the Climate Action 100+ Initiative, and the Task Force on Climate-related Financial Disclosures recommendations. Details of Hess’ scores are available here.
By Hess Corporation · Via Business Wire · December 11, 2024
Hess Announces Regular Quarterly Dividend On Common Stock
The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on December 31, 2024 to holders of record at the close of business on December 16, 2024.
By Hess Corporation · Via Business Wire · December 4, 2024
Hess to Participate in Wolfe Research Oil & Gas Conference
Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will participate in a Keynote Fireside Chat at the Wolfe Research Oil & Gas Conference Wednesday, November 20 at 7:50 a.m. Eastern Time.
By Hess Corporation · Via Business Wire · November 19, 2024
Hess Reports Estimated Results for the Third Quarter of 2024
Hess Corporation (NYSE: HES) today reported net income of $498 million, or $1.62 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023. On an adjusted basis, the Corporation reported net income of $660 million, or $2.14 per share, in the third quarter of 2024. The increase in adjusted after-tax earnings compared with the prior-year quarter primarily reflects higher production volumes, partially offset by lower realized selling prices in the third quarter of 2024.
By Hess Corporation · Via Business Wire · October 30, 2024
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Hess Schedules Earnings Release Date
Hess Corporation (NYSE: HES) announced today that on Wednesday, October 30 it will issue its third quarter earnings press release and post supplemental earnings information on its website at www.hess.com.
By Hess Corporation · Via Business Wire · October 2, 2024
Hess Announces HSR Clearance Of Chevron-Hess Merger
Hess Corporation (NYSE: HES) today announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction.
By Hess Corporation · Via Business Wire · September 30, 2024
Chevron-Hess Merger Clears FTC Antitrust Review
Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation (NYSE: HES), satisfying a key closing condition for the transaction.
By Chevron Corporation · Via Business Wire · September 30, 2024
Hess Announces Increased Regular Quarterly Dividend On Common Stock
The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on September 30, 2024 to holders of record at the close of business on September 16, 2024. The dividend represents an approximate 14% increase compared to the dividend for the second quarter of 2024, which equals a 25 cent increase per share on an annualized basis.
By Hess Corporation · Via Business Wire · September 4, 2024
Chevron Stock Dips as Earnings Miss Highlights Merger Uncertainty
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Via MarketBeat · August 2, 2024
Hess Reports Estimated Results for the Second Quarter of 2024
Hess Corporation (NYSE: HES) today reported net income of $757 million, or $2.46 per share, in the second quarter of 2024, compared with net income of $119 million, or $0.39 per share, in the second quarter of 2023. On an adjusted basis, the Corporation reported net income of $809 million, or $2.62 per share in the second quarter of 2024, compared with $201 million or $0.65 per share, in the prior-year quarter. The increase in adjusted after-tax earnings compared with the prior-year quarter primarily reflects higher production volumes and realized selling prices in the second quarter of 2024.
By Hess Corporation · Via Business Wire · July 31, 2024
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Via MarketBeat · July 22, 2024
Hess Schedules Earnings Release Date
Hess Corporation (NYSE: HES) announced today that on Wednesday, July 31, it will issue its second quarter earnings press release and post supplemental earnings information on its website at www.hess.com.
By Hess Corporation · Via Business Wire · July 3, 2024
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Chevron Eyes Hess, Exxon Resists: Here's the Trade
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Via MarketBeat · May 31, 2024
Hess Corporation Receives Stockholder Approval for Proposed Merger with Chevron
Hess Corporation (NYSE: HES) today announced that it has received the necessary approval of its stockholders for closing the company’s merger with Chevron Corporation. At the special meeting of Hess stockholders held today, a majority of the outstanding shares of Hess common stock were voted in favor of the adoption of the merger agreement.
By Hess Corporation · Via Business Wire · May 28, 2024