Hess Corp. (NYSE:HES) today reported an adjusted net loss, which excludes items affecting comparability, of $147 million or $0.52 per common share, for the second quarter of 2015 compared with adjusted net income of $432 million or $1.38 per share in the second quarter of 2014. Lower realized selling prices reduced adjusted net income by approximately $740 million after-tax compared with the prior-year quarter. In [...]
Hess Corp. (NYSE:HES) today released its 2014 Corporate Sustainability Report, providing a comprehensive look at the company’s strategy and performance on significant environmental, social and governance programs and initiatives. An electronic version is published on the company’s website at http://www.hess.com/sustainability/sustainability-reports. Hess Corp.’s 18th annual sustainability report was [...]
Hess Corp. (NYSE:HES) announced today that it will hold a conference call on Wednesday, July 29, 2015, at 10 a.m. Eastern Daylight Time to discuss its second quarter 2015 earnings release. To phone into the conference call, parties in the United States should dial 1-866-318-8618 and enter the pass code 64595974 after 9:45 a.m. Outside the United States, parties should dial 617- 399-5137 and enter the pass code 64595974 [...]
Hess Corp. (NYSE: HES) today completed the previously announced sale of a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for cash consideration of $2.675 billion. As planned, Hess and Global Infrastructure Partners have created a premier midstream joint venture -- Hess Infrastructure Partners. The joint venture has incurred $600 million of debt through a 5-year Term Loan A facility [...]
Hess Corp. (NYSE:HES) (the €œCompany €) announced today that it has agreed to sell a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners, a leading global infrastructure investor with an extensive midstream energy investment track record, for cash consideration of $2.675 billion. Hess and Global Infrastructure Partners will create a premier midstream joint venture [...]
Hess Corp. (NYSE:HES) today announced it has been ranked first among U.S. energy companies on the 2015 Newsweek Green Rankings €“ U.S. 500, one of the world €™s most recognized assessments of corporate environmental performance. The rankings reflect the sustainability and environmental impact of the 500 largest publicly traded companies in the United States by market capitalization. Hess ranked No [...]
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 June 30, 2015 to holders of record at the close of business on June 16, 2015. 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. (NYSE: HES) today reported an adjusted net loss, which excludes items affecting comparability, of $279 million or $0.98 per common share, for the first quarter of 2015 compared with adjusted net income of $446 million or $1.38 per share in the first quarter of 2014. Lower realized selling prices reduced adjusted net income by approximately $700 million, after-tax compared with the prior-year quarter. In [...]
Hess Corp. (NYSE: HES) has been ranked the No. 1 oil and gas company on Corporate Responsibility magazine ™s prestigious list of 100 Best Corporate Citizens for 2015. The list recognizes public companies across the United States that demonstrated strong performance in such areas as environment, climate change, employee relations, human rights, governance, finance, and philanthropy and community support. Hess has been [...]
Hess Corp. (NYSE:HES) will host a visit today of a bipartisan Congressional Delegation to its Tubular Bells oil and gas production facility, located in the Mississippi Canyon area of the deepwater Gulf of Mexico. “Tubular Bells demonstrates Hess’ capability to safely and successfully execute highly complex, deepwater development projects,†said Brian Truelove, senior vice president, Offshore. “We are proud to give this bipartisan Congressional Delegation an in-depth tour of our facility, which was the first classic spar built in the United States, creating an estimated 7,000 direct and indirect jobs in T... [...]
Hess Corp. (NYSE:HES) announced today that it will hold a conference call on Wednesday, April 29, 2015, at 10 a.m. Eastern Daylight Time to discuss its first quarter 2015 earnings release. To phone into the conference call, parties in the United States should dial 1-877-280-4957 and enter the pass code 13179842 after 9:45 a.m. Outside the United States, parties [...]
The Board of Directors of Hess Corp. (NYSE:HES) today declared a regspanlar qspanarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on March 31, 2015 to holders of record at the close of bspansiness on March 19, 2015. Hess Corp. is a leading global independent energy company engaged in the exploration and prodspanction of crspande oil and natspanral gas. More information on [...]