Hess Corp. (NYSE:HES) today announced that together with its project co-owners it will proceed with the development of Stampede, an oil and gas project operated by Hess in the deepwater Gulf of Mexico. Discovered in 2005, the Stampede Field is located approximately 115 miles south of Fourchon, La., in the Gulf of Mexico (Green Canyon Blocks 468, 511 and 512). The field is located in approximately 3,500 feet of water [...]
Hess Corp. (NYSE:HES) announced today that it will hold a conference call on Wednesday, October 29, 2014, at 10 a.m. Eastern Daylight Time to discuss its third quarter 2014 earnings release. To phone into the conference call, parties in the United States should dial 1-866-318-8618 and enter the pass code 29524195 after 9:45 a.m. Outside the United States, parties should dial 1-617-399-5137 and enter the pass code [...]
Hess Corp. (NYSE:HES) has been recognized by CDP, an environmental not-for-profit organization, as a leader among S&P 500 companies for the depth and quality of climate change data it discloses to investors and the global marketplace. On the 2014 Climate Disclosure Leadership Index (CDLI), which the CDP announced yesterday, Hess is one of only 14 companies across all sectors to receive a score of 100 and the only energy [...]
Hess Corp. (NYSE:HES) announced today that its wholly owned subsidiary, Hess Midstream Partners LP, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) related to its proposed initial public offering of common units representing limited partner interests. The offering is expected to occur in the first quarter of 2015. Hess Midstream Partners intends to list its common [...]
NEW YORK, Sept. 23, 2014 /PRNewswire/ -- In honor of the Hess Toy Truck's 50th anniversary, Hess Corp. is releasing the first-ever Collector's Edition Hess Toy Truck, an individually numbered tanker truck with a replica of the original 1964 tanker trailer inside. The Collector's Edition, which is limited, will be sold exclusively online at www.hesstoytruck.com starting October 2 for $45.99 with Energizer® batteries and [...]
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 September 30, 2014 to holders of record at the close of business on September 16, 2014. 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. (NYSE:HES) announced today that John Hess, Chief Executive Officer, will present at the 2014 Barclays CEO Energy-Power Conference in New York on September 4 at 7:45 a.m. EDT. A live audio webcast and a replay of the presentation will be accessible via Hess Corporations website. About Hess: Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil and [...]
NEW YORK, Aug. 19, 2014 /PRNewswire/ -- Hess Corp. today announced plans to celebrate the much anticipated 50th Anniversary of the Hess Toy Truck during the upcoming holiday season. In keeping with its annual tradition, Hess will unveil the 50th Anniversary Hess Holiday Toy Truck this fall, with online pre-ordering and free shipping available at www.hesstoytruck.com starting October 2. It will also be available for [...]
Hess Corp. (NYSE:HES) announced today that it will hold an Investor Day on November 10, 2014 at 1:00 p.m. CST in Houston, TX. Chief Executive Officer John Hess and other members of the Hess leadership team will provide an overview of the companys growth strategy and key assets. A live webcast of the meeting will be made available on the Hess website, http://www.hess.com/investors. The presentation and webcast will be [...]
Hess Corp. (NYSE:HES) today reported net income of $931 million for the quarter ended June 30, 2014. Adjusted net income, which excludes items affecting comparability, was $432 million or $1.38 per common share, compared with $520 million or $1.51 per share in the prior year quarter. The decrease in adjusted net income was primarily due to the impact on operating earnings of divesting E&P assets and downstream businesses [...]
Hess Corp. (NYSE:HES) announced today its intention to pursue the formation and initial public offering of a master limited partnership (MLP). Hess remains focused on value creation and the pursuit of its previously announced intention to monetize its midstream assets in the Bakken oil shale play in North Dakota. Hess intends to use the MLP as the primary midstream vehicle to support its Bakken production growth, and [...]
Hess Corp. (NYSE:HES) released its 2013 Corporate Sustainability Report today, a comprehensive look at the environmental, social and governance programs that distinguish the company and its subsidiaries worldwide. The report was released in print and an electronic version is published on the company’s website at http://www.hess.com/sustainability/sustainability-reports. Hess Corp.’s 17th annual sustainability ...