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

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Earnings data Q1 2022

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Earnings data Q3 2023

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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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Hess (HES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Hess (HES) to Report a Decline in Earnings: What to Look Out for

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I am adjusting my portfolio to reduce risk and am considering investing in W. P. Carey. WPC experienced a stock price rebound after a spinoff and dividend cut, and I believe the company will recover. I am cautious about Hess Midstream and Medical Properties Trust due to uncertainties and financial issues.

Why I Am Selling Medical Properties Trust And Hess Midstream To Buy W. P. Carey

PISCATAWAY, N.J.--(BUSINESS WIRE)--Mr. Hess will apply the depth and breadth of his experience within the MedTech industry to lead IEEE Pulse the flagship magazine for IEEE EMBS.

Biomedical Technology Veteran Mike Hess Joins IEEE Pulse as Editor-in-Chief

Guyana likely has the upper hand in the dispute with Venezuela, as it has support from Brazil, Great Britain, and the United States. Venezuela's government is unpopular and broke. This whole situation could be a last gasp attempt to avoid collapse and retain power. The Guyana partnership is proceeding as planned, with the latest FPSO beginning production, and there is potential for further exploration and development in the future.

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De Nora Will Utilize H2U's Catalyst Discovery Engine™ to Identify Low-cost, Durable Catalysts for Water Electrolysis TULSA, OK and CHATSWORTH, CA / ACCESSWIRE / December 19, 2023 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTC:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to announce that its portfolio company, H2U Technologies , a next-generation electrolyzer developer, and De Nora , the world's largest supplier of high-performing catalyst-coated membranes, have entered an R&D agreement to identify and develop low-cost, high-performance electrocatalysts for hydrogen production through water electrolysis. These catalysts are expected to enable the market presence of affordable green hydrogen, thereby addressing a specific market need, facilitating the expansion of the hydrogen value chain and driving the energy transition.

JEV Portfolio Company H2U and De Nora Enter Research & Development Agreement to Discover High-Performance Materials for Green Hydrogen Production

NEW YORK--(BUSINESS WIRE)--Hess Recognized for Sustainability Performance.

Hess Recognized for Sustainability Performance

Shares of the U.S. oil and gas producer fell nearly 5% to $134.50 last week even as the S&P 500 rose for the sixth straight week. The downturn is significant because it puts Hess more than 20% below Chevron's initial acquisition price of $171.00.

Don't hesitate to trade Hess well below Chevron's buyout price

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

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NEW YORK--(BUSINESS WIRE)--Hess Announces First Production from Payara Development, Offshore Guyana.

Hess Announces First Production from Payara Development, Offshore Guyana

Chevron's deal to buy Hess will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess's past losses to cut future payments, according to the company and tax experts.

Chevron takeover of Hess resurrects multi-billion dollar tax shield

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Hess (HES) expects substantial growth in the free cash flow in the coming years, and intends to allocate it toward reducing the debt burden and returning capital to its shareholders.

Here's Why You Should Consider Buying Hess (HES) Stock Now

This is a massive economic impact, one so large that the Nicolas Maduro government in Venezuela recently renewed its longstanding claim to own rights along the western

Guyana Oil Development Back In Focus After Chevron, Hess Deal

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Chevron's deal announced last week to buy Hess , one of the largest operators in the Bakken shale play in North Dakota, could raise oil output there marginally but analysts do not expect a return to its peak pre-pandemic boom days.

Chevron-Hess deal may lift Bakken oil output, but no return to boom days

Hess's sale to Chevron concludes nearly a century of globe-spanning oil discoveries and Homeric fights for the New York oil giant

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News for Hess Stock (HES)