Hess Corp. (NYSE:HES) today announced positive results from the Payara-1 well offshore Guyana, which is the second oil discovery on the Stabroek Block following the world-class Liza oil discovery in 2015. Payara-1 Discovery The Payara-1 well, located approximately 10 miles (16 kilometers) northwest of the Liza discovery, was drilled by Esso Exploration and Production Guyana Limited, and encountered more than 95 feet (29 [...]
Hess Corp. (NYSE:HES) announced today that it will hold a conference call on Wednesday, January 25, 2017 at 10 a.m. Eastern Standard Time to discuss its fourth quarter 2016 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 49885375 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 49885375 [...]
The Board of Directors of Hess Corp. (NYSE:HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on December 30, 2016 to holders of record at the close of business on December 19, 2016. 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 [...]
The Board of Directors of Hess Corp. (NYSE: HES) 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, 2017 to holders of record at the close of business on January 15, 2017. The [...]
Hess Corp. (NYSE:HES) announced today that John Hess, Chief Executive Officer, will present at the Bank of America Merrill Lynch Global Energy Conference in Miami on November 17, 2015 at 8:15 AM (ET). 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 exploration and production of crude oil [...]
Hess Corp. (NYSE: HES) today reported a net loss of $339 million, or $1.12 per common share, in the third quarter of 2016 compared with a net loss of $279 million, or $0.98 per common share, in the third quarter of 2015. On an adjusted basis, the Corporation reported a net loss of $340 million, or $1.12 per common share, in the third quarter of 2016 compared with an adjusted net loss of $291 million, or $1.03 per common [...]
Accenture (NYSE:ACN) has been chosen by Hess Corp. (NYSE:HES) to help realize its As-a-Service vision that is part of the Hess IT transformation strategy. The new cloud-enabled operating model can ramp up or down IT infrastructure and digital technologies during volatile industry cycles. The model is underpinned by Accenture’s cloud services and ecosystem of partners that includes leading public cloud providers [...]
Hess Corp. (NYSE:HES) announced today the consideration to be paid in the previously announced cash tender offer (the “Maximum Tender Offer”) to purchase up to approximately $324.0 million (the “Aggregate Maximum Repurchase Amount”) of the following series of notes issued by Hess (the “Notes”): 7.875% Notes due 2029; 7.300% Notes due 2031; and 7.125% Notes due 2033. The Maximum Tender [...]
Hess Corp. (NYSE:HES) announced today the early tender results of the previously announced cash tender offer (the “Maximum Tender Offer”) to purchase up to approximately $324.0 million of the following series of notes issued by Hess (the “Notes”): 7.875% Notes due 2029; 7.300% Notes due 2031; and 7.125% Notes due 2033. The Maximum Tender Offer was made pursuant to the terms and conditions set [...]
Hess Corp. (NYSE:HES) announced today that it will hold a conference call on Wednesday, October 26, 2016 at 10 a.m. Eastern Daylight Time to discuss its third quarter 2016 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 92400068 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 92400068 This [...]
ToughMet® Sucker Rod Couplings have been named a finalist for two 2016 industry awards: for the 2016 World Oil Awards Best Production Technology category and the Platts Global Energy Award Commercial Application of the Year category. Materion Corporation (NYSE: MTRN), and Hess Corp. (NYSE: HES) partnered to develop and test the use of Materion’s advanced, high performance ToughMet copper-nickel-tin alloy for [...]
Hess Corp. (NYSE: HES) announced today that it will redeem all of its outstanding 1.300% Notes due June 15, 2017 (the “Notes”). The formal notice of redemption was sent today to holders of the Notes, by The Bank of New York Mellon, the trustee under the indenture governing the Notes. The Notes will be redeemed on October 28, 2016 (the “Redemption Date”) at a redemption price to be calculated on the [...]