Hess in the Media: Hess brings Stampede project online
U.S. oil company Hess has started first production from its operated Stampede development in the Gulf of Mexico, reports Offshore Energy Today.
Hess Participates in Credit Suisse Energy Summit
Hess Corporation announced today that John Hess, Chief Executive Officer, will present at the Credit Suisse 23rd Annual Energy Summit in Vail on Wednesday, February 14 at 8:40 a.m. Mountain Time.
Hess Reports Estimated Results for the 4th Quarter of 2017
Hess today reported a net loss of $2,677 million, or $8.57 per common share, in the fourth quarter of 2017, compared with a net loss of $4,892 million, or $15.65 per common share, in the fourth quarter of 2016. Fourth quarter 2017 results reflect net after-tax charges totaling $2,373 million, including a non-cash accounting charge of $1,700 million to reduce the carrying value of Hess’ interests in the Stampede and Tubular Bells Fields in the Gulf of Mexico, as a result of a lower long-term crude oil price outlook.
Hess Schedules Earnings Release Conference Call
NEW YORK, January 11, 2018 -- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Monday, February 5, 2018 at 10 a.m. Eastern Standard Time to discuss its fourth quarter 2017 earnings release.
Hess Announces 2018 E&P Capital and Exploratory Budget
NEW YORK, Jan. 31, 2018 -- Hess today announced its 2018 E&P capital and exploratory budget will be $2.1 billion, the same as 2017.
Hess Announces Sixth Oil Discovery Offshore Guyana
Hess announced positive results from the Ranger-1 exploration well, which is the sixth significant oil discovery on the Stabroek Block, offshore Guyana, since 2015.