Hess Corporation (NYSE: HES) announced today it has completed the sale of its 2.72 percent interest in the Azeri, Chirag and Guneshli Fields (ACG) and its 2.36 percent interest in the associated BTC pipeline to ONGC Videsh Ltd. for $1 billion. Adjusting for net cash flow ...
Urges Shareholders to Protect Value of Their Investment by Rejecting Elliott′s Slate Incentivized to Break up the CompanyRecommends Voting the White Proxy Card for the Election of Hess′ Highly Qualified Nominees
The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on March 29, 2013 to holders of record at the close of business on March 15, 2013. More infor ...
Focusing on Higher Growth, Lower Risk Portfolio of E&P AssetsExiting Downstream Businesses, Including Retail, Energy Marketing and Energy TradingReturning Capital Directly to Shareholders through Dividend Increase And Share Repurchase Authorization of up to $4 BillionNames Six New, Highly Qualified Independent Directors
Announces Culmination of Multi-Year Transformation Into Pure Play E&P CompanyNames Six New, Highly Qualified Independent DirectorsResponds to Elliott Management′s Flawed Recommendations
Hess Corporation (NYSE: HES) announced today it has completed drilling of its seventh consecutive successful exploratory well on the Deepwater Tano/Cape Three Points block offshore Ghana. The Pecan North-1 well, located approximately seven miles northeast of the Pecan-1 w ...
Fourth Quarter Highlights:Net income was $566 million, compared with a net loss of $131 million in the fourth quarter of 2011Net income excluding items affecting comparability between periods was $409 million compared with $394 million in the fourth quarter of 2011Oil and gas production increased to 396,000 barrels of oil equivalentper day, up from 367,000 in the fourth quarter [...]
Hess Corporation (NYSE: HES) announced today that Elliott Associates, L.P. and its associated entity Elliott International Limited notified Hess this past Friday in writing that they intend to file a Hart-Scott-Rodino Notification and Report Form seeking regulatory ...
Hess Corporation (NYSE: HES) announced today that it will pursue the sale of its terminal network in the United States. Hess also announced that it will complete its exit from the refining business by closing its Port Reading, New Jersey refinery. The terminal ...
Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, January 30, at 10 a.m. Eastern Standard Time to discuss its fourth quarter 2012 earnings release. To phone into the conference call, parties in the United States should ...
Hess Corporation (NYSE: HES) announced today a 2013 capital and exploratory budget of $6.8 billion, which is down 18 percent from 2012 expenditures of approximately $8.3 billion. Of the $6.7 billion budgeted for Exploration and Production, $2.7 billion (40 percent) is ded ...
Hess Corporation (NYSE: HES) announced today that it filed a notice of discovery with the Ghana National Petroleum Corporation for the Pecan-1 exploration well located in the Deepwater Tano / Cape Three Points license offshore Ghana, which has encountered 245 net feet of ...