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  • Investor Deck

    Investor Overview

    “Our strategy in this lower for longer price environment is guided by three principles: preserve our balance sheet, preserve our operating capabilities and preserve our growth options,” CEO John Hess said.

  • Ocean Blacklion drill ship

    Capital and Exploratory Budget

    Hess Corporation (NYSE: HES) announced a 2016 E&P capital and exploratory budget of $2.4 billion, a 40 percent reduction from its 2015 actual spend of $4.0 billion and approximately 20 percent below preliminary 2016 guidance of $2.9-$3.1 billion provided in October 2015.

  • Lean Business

    Hess focuses on lean production by eliminating waste and continuously improving processes. This framework allows for quick and safe movement from capture into production.

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