Hess Provides Update on Progress, Plans to Deliver Strong Cash Flow Growth and Increasing Returns Through 2025
Hess Corporation Logo header
SEARCH

Hess Provides Update on Progress, Plans to Deliver Strong Cash Flow Growth and Increasing Returns Through 2025

  • NDakota_Marriott_103620_2688_20120712_cropped
12.12.2018

Hess will provide a detailed update on progress in executing its strategy for long term value creation at its Investor Day today in Houston. The company’s plans through 2025 are expected to deliver strong performance.

“We are at a transformative inflection point in our company’s history and are uniquely positioned to deliver strong financial returns, visible and low risk production growth and accelerating free cash flow well into the next decade,” Chief Executive Officer  John Hess  said. “As our portfolio generates increasing free cash flow, we will continue to prioritize return of capital to shareholders.”

Presenters at today’s Hess Investor Day will include Chief Executive Officer  John Hess , Chief Operating Officer  Greg Hill , Chief Financial Officer  John Rielly  and other members of the leadership team. A live webcast of the meeting will be available on the Hess website from 1:00 p.m. to 5:00 p.m. Central Time today. The presentation and webcast also will be available for replay on the Hess website.

Full story
Related News
  • Hess Named to Dow Jones Sustainability Index North America for Tenth Consecutive Year

    Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the tenth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders who consider sustainability when making investment decisions.
    Full story
  • Hess Announces Another Oil Discovery Offshore Guyana at Tripletail

    Hess announced a discovery at the Tripletail-1 well on the Stabroek Block offshore Guyana. Tripletail-1 encountered approximately 108 feet (33 meters) of a high quality oil bearing sandstone reservoir.
    Full story
  • Hess Announces Arrival of Liza Destiny Offshore Guyana

    Hess announced today that the Liza Destiny, Guyana's first oil production vessel, has arrived at the Stabroek Block. The Floating, Production, Storage and Offloading (FPSO) vessel arrived following a 42 day journey from Singapore. This FPSO is a significant component of the Liza Phase 1 development, which involves four undersea drill centers with 17 wells.
    Full story