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  • 06.14.2019

    In the Media: Evolution of Designs Hastens U.S. Shale Boom

    Hess’ financial and production metrics have experienced a marked increase following its move to plug-and-perf (PNP) completion designs and improved well spacing after the price collapse of 2014. The company reported in its December 2018 investor presentation that its adoption of PNP completions is forecast to result in increases in production to about 200,000 boe/d and net present value by about $1 billion.
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  • 06.05.2019

    Hess Announces Regular Quarterly Dividend On Common Stock - June 2019

    The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on June 28, 2019 to holders of record at the close of business on June 17, 2019.
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    05.23.2019

    Hess to Participate in Bernstein 35th Annual Strategic Decisions Conference

    Hess Corporation announced that John Hess, Chief Executive Officer, will present at the Bernstein 35th Annual Strategic Decisions Conference in New York May 29 at 3:30 p.m. ET.
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    05.23.2019

    Bigger, Better, Bakken: Petroleum Industry Optimism In North Dakota

    With exports from the Bakken formation centered on western North Dakota already heading to Asian and European markets, the future for North American shale and onshore production, for at least the next two decades, appears promising, according to Barry Biggs, Vice President of Onshore for Hess.
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  • 05.21.2019

    Ekweribe Helps Women Advance at Hess, Just as She Has

    When asked what drew her to Hess as an employer, Kehinde Ekweribe responds: “I looked for four major qualities while evaluating potential employers: career growth opportunities, domestic and international footprint, social responsibility and a diverse and inclusive work environment.”
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  • 05.15.2019

    Hess Ranked Top Oil and Gas Company on 2019 Best Corporate Citizens List

    Hess has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens of 2019. The annual list recognizes public companies across the U.S. for outstanding environmental, social and governance transparency and performance.
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    John Hess, Other CEOs Discuss Energy Topics at Milken Conference

    At the recent Milken Institute Global Conference, CEO John Hess addressed a range of energy topics – from market trends to climate change -- with other energy leaders.
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    05.03.2019

    Hess Sanctions Liza Phase 2 Development Offshore Guyana

    Hess announced it has received regulatory approval from the government of Guyana and has made a final investment decision to proceed with the second phase of development of the Liza Field on the Stabroek Block, offshore Guyana.
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  • FPSO_LizaDestiny
    04.25.2019

    Hess Reports Estimated Results for the First Quarter of 2019

    Hess today reported net income of $32 million, or $0.09 per common share, in the first quarter of 2019, compared to a net loss of $106 million, or $0.38 per common share, in the first quarter of 2018. On an adjusted basis, the first quarter 2018 net loss was $72 million, or $0.27 per common share.
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  • Tioga_Gas_Plant__0311
    04.25.2019

    Hess Midstream Partners Announces Plan to Expand Natural Gas Processing Capacity

    Hess Midstream Partners LP announced plans to expand natural gas processing capacity at the Tioga Gas Plant (Tioga) by 150 million cubic feet per day (MMcf/d) creating a total of 400 MMcf/d processing capacity north of the Missouri river.
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  • Stena_Carron_Daytime_crop
    04.18.2019

    Hess Announces 13th Discovery Offshore Guyana

    Hess today announced a new discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated gross discovered recoverable resource of more than 5.5 billion barrels of oil equivalent on the Stabroek Block.
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