Hess Corp.

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 29, 2017 to holders of record at the close of business on December 18, 2017. 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 [...]

The Board of Directors of Hess Corp. today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on February 1, 2018 to holders of record at the close of business on January 15, 2018. The depositary [...]

Hess Midstream Partners LP , today announced that Jonathan Stein, Chief Financial Officer, and Jennifer Gordon, Director of Investor Relations, will meet with investors on Thursday, December 7, 2017 at the Wells Fargo Pipeline, MLP and Utility Symposium in New York. A presentation will be posted in the “Investors” section of the Hess Midstream website at www.hessmidstream.com. About Hess Midstream Hess [...]

Hess Corp. announced today that it has completed the previously announced sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017. “Our 2017 asset monetizations have exceeded expectations in terms of value and timing,” CEO John Hess said. “These proceeds, along with cash on our balance sheet, are enabling [...]

Hess Infrastructure Partners LP , a midstream energy joint venture between Hess Corp. and Global Infrastructure Partners, and the sponsor of Hess Midstream Partners LP, a publicly traded master limited partnership, today announced the closing of its offering of $800 million in aggregate principal amount of 5.625% senior notes due 2026 at par. The Notes are being sold only to qualified institutional buyers in the United [...]

In a presentation at the Bank of America Merrill Lynch 2017 Global Energy Conference today, Hess Corp. Chief Executive Officer John Hess reviewed the company’s progress in executing its strategy to deliver significant value to shareholders. Financial strength and shareholder focus This year, the company has announced sales of mature, lower growth assets that will result in proceeds of $3.4 billion and the release of [...]

Hess Corp. released a statement today about the impact on its operations resulting from a fire at the Shell Enchilada platform in the Gulf of Mexico. Shell advised in a statement on Nov. 12 that a plan for repairing the damaged portions of the asset is being developed. All production coming into the Garden Banks Gas Pipeline system also remains shut in until further notice. Hess production is shut in at its Baldpate [...]

Hess Corp. (NYSE: HES) announced today that John Hess, Chief Executive Officer, will present at the Bank of America Merrill Lynch 2017 Global Energy Conference in Miami Beach, FL on November 16, 2017 at 8:15 a.m. Eastern Standard Time. A live audio webcast and a replay of the presentation will be accessible via Hess Corporation’s website. Hess Corp. is a leading global independent energy company engaged in the [...]

Hess Corp. (NYSE:HES) has been recognized for climate change stewardship, achieving leadership status in CDP’s 2017 Global Climate Analysis. Hess is the only U.S. energy company to achieve leadership status. This is the ninth consecutive year that Hess earned this recognition from CDP, an international nonprofit group seeking to drive sustainable economies. Scores are based upon a company’s disclosure [...]

Hess Corp. (NYSE: HES) today reported a net loss of $624 million, or $2.02 per common share, in the third quarter of 2017 compared with a net loss of $339 million, or $1.12 per common share, in the third quarter of 2016. On an adjusted basis, the Corporation reported a net loss of $324 million, or $1.07 per common share, in the third quarter of 2017 compared with an adjusted net loss of $340 million, or $1.12 per common [...]