Hess

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hess reports robust performance in 2022, eyes growth in Guyana

Hess is well-positioned for growth with strong operational and financial performance, supported by a focus on sustainability and shareholder value.
Challenges include managing cost pressures and operational targets, but opportunities in Guyana and Bakken offer avenues for future growth and value creation.
The company's strategic approach to exploration, hedging, and shareholder returns reflects a balanced strategy aimed at long-term success and value creation.

Hess reports robust Q1 performance, eyes growth in exploration

Hess showcased strong operational performance and strategic focus on high-return growth areas.
Analysts probed on cost trends, exploration risks, and the company's financial resilience.
The company's partnership with Hess Midstream and exploration plans offer growth opportunities.
Overall, Hess's Q1 2023 earnings call highlighted a mix of performance, challenges, and growth prospects.

Hess reports strong operational performance and growth opportunities ahead

Hess showcased strong operational performance with production successes in key regions and strategic focus on profitable growth.
Despite financial challenges in Q2 2023, the company aims for industry-leading cash flow growth through 2027 and shareholder value enhancement.
Opportunities lie in Guyana FPSO developments, Pickerel discovery profitability, and Gulf of Mexico subsalt exploration advancements.
Challenges include lower earnings, energy transition gaps, operational optimizations, and maintaining cash flow in Southeast Asia.

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HOUSTON--(BUSINESS WIRE)-- #ConservationMatters--Hess Corporation has invested in the expansion of the Texas Water Action Collaborative (TxWAC) to the entire Trinity River Basin. This investment is foundational in bringing funding and partners to conservation projects along the Trinity to provide benefits for water volume, water quality, air quality, and biodiversity. Launched in March of 2021, TxWAC was developed to match companies and funders with conservation projects to positively benefit Texas' water resources.

Hess Corporation Invests in Expansion of Texas Water Action Collaborative

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Hess Corporation's run-up has slowed down, however, the company still has significant room for growth.

Hess Corporation's Run-Up Isn't Done

NEW YORK--(BUSINESS WIRE)--Hess to Participate in 50th Annual Scotia Howard Weil Energy Conference

Hess to Participate in 50th Annual Scotia Howard Weil Energy Conference

Hess Midstream has significant growth potential. The limited partnership also offers a generous distribution that will grow.

Hess Midstream: More Growth Ahead

The market is focused on Hess price action whereas the future should alleviate any fears about growth instead of a dividend.

Hess: Revving Up The Growth Engine

ENGlobal Corporation (ENG) CEO Mark Hess on Q4 2021 Results - Earnings Call Transcript

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Although US crude oil futures traded lower this morning after rising sharply recently, there were a few notable insider trades. When insiders sell shares, it indicates their concern in the company's prospects or that they view the stock as being overpriced.

Insiders Sell Around $136M Of 4 Stocks

The International Energy Agency should release 240 million barrels of oil from strategic petroleum reserves, Hess Corp. CEO John Hess said.

Hess CEO says oil is in the 'intensive care unit' — U.S., other nations need to act

Hess (HES) strengthens its position financially to start increasing shareholders??? returns and lower debt load.

Hess (HES) Rewards Investors With Dividend Hike, Updates View

NEW YORK--(BUSINESS WIRE)--Hess Announces 50% Increase in Quarterly Dividend on Common Stock; Provides Updated Guidance

Hess Announces 50% Increase in Quarterly Dividend on Common Stock; Provides Updated Guidance

Hess (HES) reported earnings 30 days ago. What's next for the stock?

Hess (HES) Up 6.2% Since Last Earnings Report: Can It Continue?

Production has begun on the second platform.

Hess Corporation: Cash Flow Jump Coming

NEW YORK--(BUSINESS WIRE)--Hess Announces First Production from Liza Phase 2 Development, Offshore Guyana

Hess Announces First Production from Liza Phase 2 Development, Offshore Guyana

Following a week in which West Texas Intermediate crude oil futures expiring March 2022 and Brent oil futures expiring April 2022 gained 3.5%, the barrel is a little bit hesitant at $91 and $92 as of the time of writing. A potential nuclear agreement between Iran and the European Union in Vienna Tuesday could release the Iranian supply, that sanctions have so far impeded, and mitigate the price.

Hess Could Trade Higher as Oil Prices Rise

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From upstream activities to refining, prospects for companies are rosy now as fuel demand has recovered considerably, enhancing the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and MRO will make the most of the improving business scenario.

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HESM yields 7.3% currently, but management's forward dividend guidance will bring its yield to over 8%. It had another strong quarter in Q4 '21.

Hess Midstream LP: Good Q4 '21 Growth, 5% Annual Dividend Growth Through 2024

NEW YORK--(BUSINESS WIRE)--Hess Recognized for Diversity, Equity and Inclusion

Hess Recognized for Diversity, Equity and Inclusion

Higher commodity price realizations and increased contributions from the midstream segment aid Hess' (HES) Q4 earnings.

Hess (HES) Q4 Earnings Beat Estimates on Surging Oil Prices

Hess Midstream LP (HESM) Management on Q4 2021 Results - Earnings Call Transcript

Hess Corporation (HES) CEO John Hess on Q4 2021 Results - Earnings Call Transcript

Hess (HES) delivered earnings and revenue surprises of 11.84% and 9.98%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Hess (HES) Q4 Earnings and Revenues Surpass Estimates

U.S. oil producer Hess Corp posted a quarterly profit on Wednesday, compared with a year-ago loss, as demand recovered from a pandemic-induced slump and prices surged on fears of a supply crunch.

Hess posts quarterly profit on surging oil and gas prices

NEW YORK--(BUSINESS WIRE)--HESS REPORTS ESTIMATED RESULTS FOR THE FOURTH QUARTER OF 2021

Hess Reports Estimated Results for the Fourth Quarter of 2021

Hess Corp on Tuesday raised its 2022 capital budget for production by 37% as it looks to focus on its operations in Guyana and the U.S. Bakken shale oil basin.

News for Hess Stock (HES)