Hess

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hess reports robust performance in 2022, eyes growth in Guyana

Hess is well-positioned for growth with strong operational and financial performance, supported by a focus on sustainability and shareholder value.
Challenges include managing cost pressures and operational targets, but opportunities in Guyana and Bakken offer avenues for future growth and value creation.
The company's strategic approach to exploration, hedging, and shareholder returns reflects a balanced strategy aimed at long-term success and value creation.

Hess reports robust Q1 performance, eyes growth in exploration

Hess showcased strong operational performance and strategic focus on high-return growth areas.
Analysts probed on cost trends, exploration risks, and the company's financial resilience.
The company's partnership with Hess Midstream and exploration plans offer growth opportunities.
Overall, Hess's Q1 2023 earnings call highlighted a mix of performance, challenges, and growth prospects.

Hess reports strong operational performance and growth opportunities ahead

Hess showcased strong operational performance with production successes in key regions and strategic focus on profitable growth.
Despite financial challenges in Q2 2023, the company aims for industry-leading cash flow growth through 2027 and shareholder value enhancement.
Opportunities lie in Guyana FPSO developments, Pickerel discovery profitability, and Gulf of Mexico subsalt exploration advancements.
Challenges include lower earnings, energy transition gaps, operational optimizations, and maintaining cash flow in Southeast Asia.

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Higher commodity price realizations and increased contributions from the midstream segment aid Hess' (HES) Q4 earnings.

Hess (HES) Q4 Earnings Beat Estimates on Surging Oil Prices

Hess Midstream LP (HESM) Management on Q4 2021 Results - Earnings Call Transcript

Hess Corporation (HES) CEO John Hess on Q4 2021 Results - Earnings Call Transcript

Hess (HES) delivered earnings and revenue surprises of 11.84% and 9.98%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Hess (HES) Q4 Earnings and Revenues Surpass Estimates

U.S. oil producer Hess Corp posted a quarterly profit on Wednesday, compared with a year-ago loss, as demand recovered from a pandemic-induced slump and prices surged on fears of a supply crunch.

Hess posts quarterly profit on surging oil and gas prices

NEW YORK--(BUSINESS WIRE)--HESS REPORTS ESTIMATED RESULTS FOR THE FOURTH QUARTER OF 2021

Hess Reports Estimated Results for the Fourth Quarter of 2021

Hess Corp on Tuesday raised its 2022 capital budget for production by 37% as it looks to focus on its operations in Guyana and the U.S. Bakken shale oil basin.

Hess raises production capital budget by 37%

NEW YORK--(BUSINESS WIRE)--Hess Announces 2022 E&P Capital and Exploratory Budget

Hess Announces 2022 E&P Capital and Exploratory Budget

The unitholders of Hess Midstream had a good time during the last twelve months with double-digit distribution growth and their unit price reaching new all-time highs. When looking ahead, they have all the ingredients for distribution growth with management intending to continue rewarding their unitholders.

Hess Midstream: Generate Significant Alpha Despite Their Unit Price Near All-Time Highs

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The S&P 500 has been pummeled this year, dipping into correction territory before a rebound on Monday, but as always, some stocks continue to shine.

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Hess (HES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Hess (HES) Might Surprise This Earnings Season

Hess Midstream Partners LP (HESM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Hess Midstream Partners LP (HESM) Soars to 52-Week High, Time to Cash Out?

The shares of Hess Corporation have observed a strong rally in the past week assisted by the surge in benchmark prices. Hess is an independent exploration and production company with operations in the U.S., Guyana, Malaysia, and Denmark.

Will Hess Corporation Stock Continue Higher?

Does Hess Midstream Partners LP (HESM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Hess Midstream Partners LP (HESM) is a Great Choice

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The price of a barrel of oil has jumped by nearly 60% over the past 12 months from around $50 to nearly $80.

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Being a leading shale producer in the United States and a prominent player in the deepwater Gulf of Mexico, Hess (HES) is well placed to capitalize on the increase in crude price.

Hess (HES) Surges 9.6% YTD: More Room For Upside Left?

Hess Midstream Partners LP (HESM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Despite Fast-paced Momentum, Hess Midstream Partners LP (HESM) Is Still a Bargain Stock

NEW YORK--(BUSINESS WIRE)--Hess Announces Two Discoveries Offshore Guyana

Hess Announces Two Discoveries Offshore Guyana

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Despite the significant finds by XOM, HES and SNP, global 2021 oil and gas discoveries are likely to hit the lowest level in 75 years if no significant discoveries are unearthed in the next few days.

Global 2021 Oil and Gas Finds to Hit Rock-Bottom in Decades

Hess Corporation is working through a transition, dumping billions worth of capital into exciting growth opportunities.

Hess Corporation Is Undervalued In Today's Market

Hess Midstream (HESM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Hess Midstream (HESM) Stock Stands Out in a Strong Industry

Hess Midstream (HESM) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Looking for Value? Why It Might Be Time to Try Hess Midstream (HESM)

Management expects a considerable increase in cash flow from the second FPSO beginning production. Current commodity prices allow for an extraordinary return on investment.

Hess Corporation: One Billion Cash On The Way

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Hess Midstream Partners LP (HESM) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

News for Hess Stock (HES)