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During the past three years of low oil prices, worldwide investment in oil and gas was insufficient to meet future demand, Hess CEO John Hess told a CERAWeek 2018 audience of industry leaders, government officials and policymakers March 12 in Houston.

Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, April 25, 2018 at 10 a.m. Eastern Daylight Time to discuss its first quarter 2018 earnings release.

“Our focus for 2018 is on execution and we believe we are off to a very strong start to the year,” Chief Executive Officer John Hess said. “In the first quarter, we increased cash returns to shareholders, reduced debt, exceeded our production guidance, continued to lower our costs and announced two significant oil discoveries offshore Guyana – Ranger and Pacora.”