Hess Corporation (NYSE: HES) announced today that it has filed a Notice of Discovery with the Minister for Energy of Ghana for the Paradise-1 exploration well in the Deepwater Tano / Cape Three Points license, offshore Ghana. The well encountered an estimated 490 net feet ...
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 June 30, 2011 to holders of record at the close of business on June 16, 2011. Hess Corpora ...
First Quarter Highlights:Net income was $929 million compared with $538 million in the first quarter of 2010Net income included an after-tax gain of $310 million relating to asset salesNet cash provided by operating activities was $1,135 million, compared with $825 million in the first quarter of 2010Oil and gas production was 399,000 barrels per day, compared with 423,000 in the first [...]
Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, April 27, at 10 a.m. Eastern Daylight Time to discuss its first quarter 2011 earnings release. To phone into the conference call, parties in the United States should ...
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 31, 2011 to holders of record at the close of business on March 14 ...
Fourth Quarter Highlights:Net income was $58 million compared with $358 million in the fourth quarter 2009Items affecting comparability include an after-tax charge of $289 million relating to the impairment of our equity investment in HOVENSA L.L.C.Capital and exploratory expenditures, including acquisitions, were $2,464 million, compared with $992 million in the fourth quarter [...]
Hess Corporation (NYSE: HES) announced today a 2011 capital and exploratory budget of $5.6 billion, nearly all of which is targeted for Exploration and Production: $3.1 billion for production, $1.6 billion for developments and $900 million for exploration. John ...
Hess Corporation (NYSE: HES) announced today that it has agreed to acquire 167,000 net acres in the Bakken oil shale play in North Dakota from TRZ Energy, LLC for $1,050 million in cash. The properties being acquired are located near Hess′ existing acreage an ...
Hess Corporation (NYSE: HES) announced today it will present at the Bank of America Merrill Lynch Global Energy Conference in Miami Beach, FL, on Thursday, Nov. 11, 2010, at 1:20 p.m. (EST). Chairman and CEO John Hess will review the company′s strategy and business outl ...
Third Quarter Highlights:Net Income was $1,154 million, including after-tax income of $725 million from items affecting comparability, compared with $341 million in the third quarter 2009Items affecting comparability consist of an after-tax gain of $1,072 million relating to an asset exchange and an after-tax charge of $347 million relating to an asset impairmentOil and gas production [...]
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 September 30, 2010 to holders of record at the close of business on September 20, 2010. He ...