Hess Corp.

Hess Corp. today announced startup of production from the Liza Field offshore Guyana, less than five years after the first discovery of hydrocarbons and well ahead of the industry average for deepwater developments. Production from the first phase of the Liza Field, located in the Stabroek Block, is expected to reach full capacity of 120,000 gross barrels of oil per day in the coming months, with the first cargo set to be [...]

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 December 31, 2019 to holders of record at the close of business on December 16, 2019. 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. announced today that John Hess, Chief Executive Officer, will deliver a keynote presentation: Perspectives on Global Oil Outlook at the Bank of America Merrill Lynch 2019 Global Energy Conference in Miami Beach, FL on November 13, 2019 at 8:05 a.m. Eastern Time. 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 [...]

Hess Corp. today reported a net loss of $205 million, or $0.68 per common share, in the third quarter of 2019, compared with a net loss of $42 million, or $0.18 per common share, in the third quarter of 2018. On an adjusted basis, the Corporation reported a net loss of $98 million, or $0.32 per common share, in the third quarter of 2019, compared with an adjusted net income of $29 million, or $0.06 per common share, in [...]

Hess Corp. today announced an oil discovery at the Esox-1 exploration well located in Mississippi Canyon Block No. 726 in the deepwater Gulf of Mexico. Esox-1 was drilled in 4,609 feet of water and encountered approximately 191 net feet of high quality oil bearing Miocene reservoirs. Esox-1 is located approximately 6 miles east of the Tubular Bells production facilities. “We are delighted with the success of the [...]

Hess Corp. announced today that it will hold a conference call on Wednesday, October 30, 2019 at 10 a.m. Eastern Time to discuss its third quarter 2019 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 3542157 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 3542157. This conference call will [...]

Hess Corp. will receive approximately $275 million in cash and approximately 115 million newly issued units in Hess Midstream Partners LP as part of a proposed transaction announced today by HESM. Under the terms of the proposed transaction, HESM will acquire Hess Infrastructure Partners LP , a 50/50 joint venture between Hess Corp. and Global Infrastructure Partners, including HIP’s 80% interest in HESM’s oil [...]

Hess has earned a place on the prestigious Dow Jones Sustainability Index North America for the tenth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders who consider sustainability when making investment decisions. Only the most sustainable companies in each industry are considered each year [...]

Hess Corp. today announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana. Tripletail-1 encountered approximately 108 feet of a high quality oil bearing sandstone reservoir. Tripletail-1, drilled in 6,572 feet of water, is located approximately 3 miles northeast of the Longtail discovery. After completion of operations at Tripletail, the Noble Tom Madden drillship will next drill the Uaru-1 [...]

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, 2019 to holders of record at the close of business on September 16, 2019. 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 [...]