News About Oil Discoveries, Earnings Reports & More | Hess Corporation
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    Hess Wins 2018 Platts Global Energy Award for ‘Remarkable Execution Skills’ on Stampede Project

    Hess won the 2018 Platts Global Energy Award for Construction Project of the Year for its Stampede project, a deepwater oil and gas development in the Gulf of Mexico. Judges said the project showcased the company’s “remarkable execution skills” and described Stampede as a “sound investment” that positions Hess for continued success.
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    Hess Announces Regular Quarterly Dividend On Common Stock

    The Board of Directors of Hess Corporation today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on December 31, 2018 to holders of record at the close of business on December 17, 2018.
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  • Stena Carron drillship

    Hess Announces 10th Discovery and Increased Stabroek Block Resource Estimate Offshore Guyana

    Hess announced a tenth discovery offshore Guyana at the Pluma-1 well on the Stabroek Block. As a result of this new discovery and further evaluation of previous discoveries, the estimate of discovered recoverable resources for the Stabroek Block has been increased to more than 5 billion barrels of oil equivalent, up from the previous estimate of more than 4 billion barrels of oil equivalent announced in July 2018.
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    Hess Donates Toy Trucks to Elementary Schools in North Dakota

    Hess announced today that it will donate Hess Toy Truck and STEM education kits to every elementary school in North Dakota, totaling more than 8,000 trucks in all. "These fun tools promise to spark innovation across our education system and provide North Dakota students with inspiration and excitement for learning in STEM education,” said Lieutenant Governor Brent Sanford.
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    Hess in the Media: The New Oil

    With an acreage position that spans an area the size of New England, Hess’ Bakken operations are expansive. The company leveraged digital technologies to drive reliability, productivity and efficiency safely. Through its use of exception-based surveillance (EBS), actual issues affecting well operations in the field are identified.
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    American - Malaysian Chamber of Commerce Recognizes Hess for Contribution to Education and Literacy

    Hess Malaysia has been recognized as one of the top corporate citizens in the country at the annual MY AMCHAM CARES event, which seeks to honour those AMCHAM members that have shown a commitment to best practice in corporate social responsibility.
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  • Hess CEO John Hess

    UPDATE: Hess to Participate in Bank of America Merrill Lynch 2018 Global Energy Conference

    John Hess, Chief Executive Officer, will present at the Bank of America Merrill Lynch 2018 Global Energy Conference in Miami Beach, FL on November 15, 2018 at 8:15 a.m. Eastern Time. The presentation time has been updated.
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    Hess Reports Estimated Results for the Third Quarter of 2018

    Hess Corporation today reported net income of $52 million, or $0.14 per common share, in the third quarter of 2018, compared to a net loss of $624 million, or $2.02 per common share, in the third quarter of 2017
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  • Nelson

    Hess to Host Investor Day

    Hess will hold an Investor Day on December 12, 2018 at 1:00 p.m. CT in Houston, TX. The meeting will feature presentations by CEO John Hess and other members of the Hess leadership team.
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    Hess Schedules Earnings Release Conference Call

    Hess announced today that it will hold a conference call on Wednesday, October 31, 2018 at 10 a.m. Eastern Time to discuss its third quarter 2018 earnings release.
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    Hess Donates Subsea Tree to the University of Houston

    A Hess donation allows University of Houston students to see and touch a subsea tree -- a heavy, complex configuration of valves and other components that usually rests on the seabed to monitor and control the flow of oil and gas to production facilities.
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