Associated tags: Hess Corporation, Natural gas, Corporation, Energy, Gas, Oil, NYSE, Utilities, Professional Services, Petroleum, Finance, Natural Resources, Hess, Other Natural Resources
Locations: CANADA, NORTH DAKOTA, EPHESUS, NORTH AMERICA, UNITED STATES, IRELAND, UNITED KINGDOM, EUROPE, NEW YORK, HESS, GUYANA, MEXICO, CHEVRON
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Petroleum Gulf of Mexico (Offshore U.S.): Net production from the Gulf of Mexico in the first quarter of 2024 was 31,000 boepd, compared with 33,000 boepd in the prior-year quarter.
Key Points:
- Gulf of Mexico (Offshore U.S.): Net production from the Gulf of Mexico in the first quarter of 2024 was 31,000 boepd, compared with 33,000 boepd in the prior-year quarter.
- Guyana (Offshore): At the Stabroek Block (Hess – 30%), net production totaled 190,0001 bopd in the first quarter of 2024, compared with 112,0001 bopd in the prior-year quarter.
- In the first quarter of 2024, 15 cargos of crude oil were sold from Guyana, compared with nine cargos in the prior-year quarter.
- Midstream capital expenditures were $35 million in the first quarter of 2024 and $57 million in the prior-year quarter.
Oil,
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Hess Corporation,
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Chevron Corporation,
Government Three developments on the Stabroek Block -- Liza Phase 1, Liza Phase 2 and Payara -- are currently producing more than 640,000 gross barrels of oil per day. The fourth and fifth developments, Yellowtail and Uaru, are in progress with production startup targeted for 2025 and 2026 respectively. Each will have a gross production capacity of approximately 250,000 barrels of oil per day.
Key Points:
- Hess Corporation (NYSE: HES) today announced it has made a final investment decision to proceed with Whiptail, the sixth development on the Stabroek Block, after receiving government and regulatory approvals.
- Whiptail is expected to add gross production capacity of approximately 250,000 barrels of oil per day by the end of 2027.
- The floating production, storage and offloading (FPSO) vessel for Whiptail, which will be called Jaguar, is under construction.
- Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited holds 25 percent interest.
Hess Corporation (NYSE: HES) announced today that on Thursday, April 25 it will issue its first quarter earnings press release and post supplemental earnings information on its website at www.hess.com .
Key Points:
- Hess Corporation (NYSE: HES) announced today that on Thursday, April 25 it will issue its first quarter earnings press release and post supplemental earnings information on its website at www.hess.com .
- The company will not hold a conference call due to the definitive agreement announced on October 23, 2023 for Hess to be acquired by Chevron, subject to shareholder and regulatory approvals and other customary closing conditions.
- Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
- More information on Hess Corporation is available at https://www.hess.com/ .
Commercial Building & Real Estate,
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Hess Corporation The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on March 28, 2024 to holders of record at the close of business on March 18, 2024.
Key Points:
- The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on March 28, 2024 to holders of record at the close of business on March 18, 2024.
- Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
- More information on Hess Corporation is available at http://www.hess.com .
- View source version on businesswire.com: https://www.businesswire.com/news/home/20240306235168/en/
Renesas Electronics,
Fraud,
Akari,
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NuSTAR,
Hess Corporation,
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Chevron Corporation,
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Security (finance) If you are an Akari shareholder, click here to learn more about your rights and options .
Key Points:
- If you are an Akari shareholder, click here to learn more about your rights and options .
- If you are a Hess shareholder, click here to learn more about your rights and options .
- Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
- Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
Retrieved on:
Wednesday, February 7, 2024
Professional Services,
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Petroleum Hess Corporation (NYSE:HES) has been recognized for climate change stewardship in CDP’s Climate Change Scores for 2023, significantly outperforming the oil & gas extraction and production sector average, the overall North American regional average and the global average.
Key Points:
- Hess Corporation (NYSE:HES) has been recognized for climate change stewardship in CDP’s Climate Change Scores for 2023, significantly outperforming the oil & gas extraction and production sector average, the overall North American regional average and the global average.
- Hess has earned Leadership status for 15 consecutive years from CDP, an international nonprofit organization that runs a global environmental disclosure system.
- CDP scores are based on a company’s climate related governance, disclosure practices and management of risks.
- “We are proud to be recognized for our industry leadership in climate related performance, disclosure and risk management,” said Alex Sagebien, Vice President, Environmental, Health and Safety.
Retrieved on:
Wednesday, January 31, 2024
Professional Services,
Other Natural Resources,
Oil,
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Global Infrastructure Partners,
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Uaru,
E&P E&P net income was $512 million in the fourth quarter of 2023, compared with $641 million in the fourth quarter of 2022.
Key Points:
- E&P net income was $512 million in the fourth quarter of 2023, compared with $641 million in the fourth quarter of 2022.
- On an adjusted basis, E&P fourth quarter 2023 net income was $531 million, compared with $565 million in the prior-year quarter.
- After-tax expense for Corporate, Interest and Other was $162 million in the fourth quarter of 2023, compared with $208 million in the fourth quarter of 2022.
- Net cash provided by operating activities was $1,344 million in the fourth quarter of 2023, compared with $1,252 million in the fourth quarter of 2022.
Retrieved on:
Thursday, January 11, 2024
Commercial Building & Real Estate,
Construction & Property,
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Natural gas,
Hess Corporation Hess Corporation (NYSE: HES) announced today that on Wednesday, January 31 it will issue its fourth quarter earnings press release and post supplemental earnings information on its website at www.hess.com .
Key Points:
- Hess Corporation (NYSE: HES) announced today that on Wednesday, January 31 it will issue its fourth quarter earnings press release and post supplemental earnings information on its website at www.hess.com .
- The company will not hold a conference call due to the definitive agreement announced on October 23, 2023 for Hess to be acquired by Chevron, subject to shareholder and regulatory approvals and other customary closing conditions.
- Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
- More information on Hess Corporation is available at https://www.hess.com/ .
Retrieved on:
Thursday, December 14, 2023
Sustainability,
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S&P Global,
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Level 4,
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DJSI,
Dow Jones,
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Task force,
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Health,
ESG,
Newsweek,
Safety Hess Corporation (NYSE: HES) has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the 14th consecutive year and for the second time has been included in the Dow Jones Sustainability World Index (DJSI World), which comprises global sustainability leaders identified by S&P Global through its Corporate Sustainability Assessment.
Key Points:
- Hess Corporation (NYSE: HES) has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the 14th consecutive year and for the second time has been included in the Dow Jones Sustainability World Index (DJSI World), which comprises global sustainability leaders identified by S&P Global through its Corporate Sustainability Assessment.
- Last week, Newsweek published its fifth annual ranking of America's Most Responsible Companies and once again included Hess.
- “We are very proud to be recognized for our industry leadership in environmental, social and governance performance and disclosure,” said Alex Sagebien, Vice President, Environment, Health and Safety.
- For more information about sustainability at Hess, including annual Sustainability Reports, please visit www.hess.com/sustainability .
Retrieved on:
Wednesday, December 6, 2023
Finance,
Oil,
Gas,
Energy,
Professional Services,
Utilities,
Hess Corporation,
Common stock,
Corporation,
NYSE,
Natural gas The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on December 29, 2023 to holders of record at the close of business on December 18, 2023.
Key Points:
- The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on December 29, 2023 to holders of record at the close of business on December 18, 2023.
- Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
- More information on Hess Corporation is available at http://www.hess.com .
- View source version on businesswire.com: https://www.businesswire.com/news/home/20231206308747/en/
