Hess

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hess reports robust performance in 2022, eyes growth in Guyana

Hess is well-positioned for growth with strong operational and financial performance, supported by a focus on sustainability and shareholder value.
Challenges include managing cost pressures and operational targets, but opportunities in Guyana and Bakken offer avenues for future growth and value creation.
The company's strategic approach to exploration, hedging, and shareholder returns reflects a balanced strategy aimed at long-term success and value creation.

Hess reports robust Q1 performance, eyes growth in exploration

Hess showcased strong operational performance and strategic focus on high-return growth areas.
Analysts probed on cost trends, exploration risks, and the company's financial resilience.
The company's partnership with Hess Midstream and exploration plans offer growth opportunities.
Overall, Hess's Q1 2023 earnings call highlighted a mix of performance, challenges, and growth prospects.

Hess reports strong operational performance and growth opportunities ahead

Hess showcased strong operational performance with production successes in key regions and strategic focus on profitable growth.
Despite financial challenges in Q2 2023, the company aims for industry-leading cash flow growth through 2027 and shareholder value enhancement.
Opportunities lie in Guyana FPSO developments, Pickerel discovery profitability, and Gulf of Mexico subsalt exploration advancements.
Challenges include lower earnings, energy transition gaps, operational optimizations, and maintaining cash flow in Southeast Asia.

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NEW YORK--(BUSINESS WIRE)--Hess Announces Discovery at Longtail-3, Offshore Guyana

Hess Announces Discovery at Longtail-3, Offshore Guyana

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The first quarter continued the recovery from the coronavirus demand destruction. All eyes are focused on the second platform for the Guyana partnership that begins producing in early 2022.

Hess Corporation: Keep Your Eyes On Guyana

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Westmount Energy Ltd (LON:WTE) noted that Hess Corporation has increased its interest in the Kaieteur Block, offshore Guyana, to 20% from 15%. Hess has acquired its additional working interest (WI) from Cataleya Energy.

Westmount Energy welcomes Hess Corp's increased stake in Kaieteur Block

Westmount Energy Limited (LON:WTE) has noted that Hess Corporation has increased its interest in the Kaieteur Block, offshore Guyana, to 20% from 15%. Hess has acquired its additional interest from Cataleya Energy.

Westmount Energy: Hess increases stake in Kaieteur Block

NEW YORK--(BUSINESS WIRE)-- #exploration--Hess to participate in UBS Global Energy Virtual Conference

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NEW YORK--(BUSINESS WIRE)-- #Best--Hess ranked top energy company on 2021 Best Corporate Citizens list.

Hess Ranked Top Energy Company on 2021 Best Corporate Citizens List

Hess Corp. (HES) estimates gross resources of more than 9 billion barrels of oil equivalent from its multiple promising discoveries in the Stabroek Block, offshore Guyana.

Why Seasoned Investors are Holding on to Hess Corp. (HES) Stock

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Hess Corporation Is A Future Cash Flow Giant

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The shares of Hess Corporation (NYSE: HES) have recovered to pre-Covid levels supported by stable benchmark prices and a strong balance sheet. Given the resurgence of coronavirus cases in various countries, OPEC has not eased production cuts and plans to gradually increase supply by 0.35 mb/d in.

More Room For Growth In Hess Corporation Stock?

NEW YORK--(BUSINESS WIRE)--Hess to Participate in Citi 2021 Global Energy & Utilities Virtual Conference

Hess to Participate in Citi 2021 Global Energy & Utilities Virtual Conference

NEW YORK--(BUSINESS WIRE)--Hess Completes Sale of Non Strategic Interests in Bakken Acreage

Hess Completes Sale of Non Strategic Interests in Bakken Acreage

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News for Hess Stock (HES)