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

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Earnings data Q1 2022

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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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Exxon Mobil

U.S. energy major Exxon Mobil's arbitration case that could block Chevron's purchase of Hess will extend into 2025, Exxon CEO Darren Woods said in an interview on CNBC on Monday, ahead of a coming vote by Hess shareholders on the deal.

Exxon sees Hess arbitration dragging into 2025, CEO says

Hess (HES) could produce exceptional returns because of its solid growth attributes.

Hess (HES) is an Incredible Growth Stock: 3 Reasons Why

Here is how Hess (HES) and SM Energy (SM) have performed compared to their sector so far this year.

Is Hess (HES) Outperforming Other Oils-Energy Stocks This Year?

Hess (HES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Hess (HES) Stock

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Hess Corp set May 28 for a special meeting of shareholders to vote on Chevron Corp 's $53 billion buyout offer, the company said in a securities filing on Friday.

Hess sets May 28 shareholder vote on Chevron buyout

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Higher oil equivalent production volumes, and increased oil and gas prices aid Hess' (HES) Q1 earnings.

Hess (HES) Q1 Earnings Beat on Higher Production Volumes

Hess (HES) came out with quarterly earnings of $3.16 per share, beating the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $1.13 per share a year ago.

Hess (HES) Q1 Earnings and Revenues Beat Estimates

Hess Corp reported a first-quarter profit on Thursday that beat analysts' estimates, helped by higher production from the oil and gas company that is set to be acquired by U.S. energy major Chevron in a $53 billion deal.

Chevron-target Hess reports Q1 profit beat on higher production

NEW YORK--(BUSINESS WIRE)--   Hess Corporation (NYSE: HES) today reported net income of $972 million, or $3.16 per share, in the first quarter of 2024, compared with net income of $346 million, or $1.13 per share, in the first quarter of 2023. The increase in after-tax earnings compared with the prior-year quarter primarily reflects higher production volumes in the first quarter of 2024.    After-tax income (loss) by major operating activity was as follows:   Three Months Ended March 31, (unaud.

Hess Reports Estimated Results for the First Quarter of 2024

Hess Corp on Wednesday said its board has set April 12 as the record date for the determination of the stockholders entitled to vote on the proposed merger with Chevron Corp.

Hess sets April 12 record date for shareholder vote on Chevron merger

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Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Hess (HES) is Poised to Beat Earnings Estimates Again

Hess Corporation's share price is approaching its late-2023 highs and has a market capitalization of almost $50 billion.

Hess Corporation And An Acquisition That Might Not Close

An Exxon Mobil arbitration case that could block the sale of one of its Guyana partners, Hess Corp, to Chevron could drag on until year-end, Hess said in a U.S. securities filing on Friday.

Hess says aiming to resolve Guyana arbitration claims by 2024 end

Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Hess Corp (NYSE:HES) are now moving forward with the next leg of its giant oilfield development offshore Guyana. The Whiptail project, which today received approval from the Guyana government, promises to unlock another 250,000 barrels of oil per day by the end of 2027.

Exxon Mobil and Hess get greenlight add another field in Guyana

NEW YORK--(BUSINESS WIRE)--Hess Sanctions Whiptail Development Offshore Guyana.

Hess Sanctions Whiptail Development Offshore Guyana

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Hess Corp on Thursday said in a securities filing that its board unanimously recommended shareholders vote in favor of the company's sale to Chevron Corp.

Hess board recommends shareholders vote in favor of Chevron merger -filing

News for Hess Stock (HES)