Associated tags: Corporation, Hess Corporation, Natural gas, Energy, Oil, Gas, NYSE, Professional Services, Utilities, Petroleum, Security (finance), Finance, Hess
Locations: CANADA, NORTH DAKOTA, EPHESUS, BRITISH COLUMBIA, SOUTHAMPTON, NORTH AMERICA, UNITED STATES, IRELAND, UNITED KINGDOM, EUROPE, NEW YORK, HESS, GUYANA, MEXICO, CHEVRON
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Audit Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the J.P. Morgan 2023 Energy, Power & Renewables Conference Thursday, June 22 at 8:00 a.m. Eastern Time.
Key Points:
- Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the J.P. Morgan 2023 Energy, Power & Renewables Conference Thursday, June 22 at 8:00 a.m. Eastern Time.
- 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/ .
- A discussion of these risk factors is included in the company’s periodic reports filed with the Securities and Exchange Commission.
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 June 30, 2023 to holders of record at the close of business on June 15, 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 June 30, 2023 to holders of record at the close of business on June 15, 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/20230517005814/en/
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Whiptail Hess Corporation (NYSE: HES) today announced it has made a final investment decision to proceed with Uaru, the fifth development on the Stabroek Block, after receiving government and regulatory approvals.
Key Points:
- Hess Corporation (NYSE: HES) today announced it has made a final investment decision to proceed with Uaru, the fifth development on the Stabroek Block, after receiving government and regulatory approvals.
- Uaru will have a production capacity of approximately 250,000 gross barrels of oil per day with production targeted to startup in 2026.
- “We are excited to sanction Uaru, our fifth oil development on the Stabroek Block,” CEO John Hess said.
- Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited holds 25 percent interest.
Retrieved on:
Wednesday, April 26, 2023
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Gulf of Mexico E&P net income was $405 million in the first quarter of 2023, compared with $460 million in the first quarter of 2022.
Key Points:
- E&P net income was $405 million in the first quarter of 2023, compared with $460 million in the first quarter of 2022.
- Gulf of Mexico (Offshore U.S.): Net production from the Gulf of Mexico in the first quarter of 2023 was 33,000 boepd, compared with 30,000 boepd in the prior-year quarter.
- In the first quarter of 2023, we sold nine cargos of crude oil from Guyana compared with two cargos in the prior year quarter.
- Midstream capital expenditures were $57 million in the first quarter of 2023 and $37 million in the prior-year quarter.
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Petroleum Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, April 26, 2023 at 10 a.m. Eastern Time to discuss its first quarter 2023 earnings release.
Key Points:
- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, April 26, 2023 at 10 a.m. Eastern Time to discuss its first quarter 2023 earnings release.
- To phone into the conference call, participants should register in advance using this link to receive a unique PIN and dial-in number.
- This conference call and subsequent replay will also be accessible by webcast (audio only).
- Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
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Renewable energy In 2020, Hess donated $12.5 million to the Salk Institute’s Harnessing Plants Initiative to accelerate development of plant-based carbon capture and storage.
Key Points:
- In 2020, Hess donated $12.5 million to the Salk Institute’s Harnessing Plants Initiative to accelerate development of plant-based carbon capture and storage.
- In 2021, Hess donated $3 million to establish the endowed Hess Chair in Plant Science at Salk.
- “The Harnessing Plant Initiative is a potential gamechanger in tackling the global challenge of climate change,” CEO John Hess said.
- We deeply appreciate the Hess Corporation for their continued generosity and partnership.”
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Audit Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the 51st Annual Scotia Howard Weil Energy Conference on March 8, 2023 at 11:30 a.m. Eastern Time.
Key Points:
- Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the 51st Annual Scotia Howard Weil Energy Conference on March 8, 2023 at 11:30 a.m. Eastern Time.
- 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/ .
- A discussion of these risk factors is included in the company’s periodic reports filed with the Securities and Exchange Commission.
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 30, 2023 to holders of record at the close of business on March 13, 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 March 30, 2023 to holders of record at the close of business on March 13, 2023.
- The dividend represents an approximate 17% increase compared to the dividend for the fourth quarter of 2022, which equals a 25 cent increase per share on an annualized basis.
- 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 .
Retrieved on:
Tuesday, February 7, 2023
Oil,
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MSCI AAA, which is MSCI ESG’s highest rating, designates Hess as a leader in managing industry specific ESG risks relative to peers.
Key Points:
- AAA, which is MSCI ESG’s highest rating, designates Hess as a leader in managing industry specific ESG risks relative to peers.
- Hess is one of only two U.S. oil and gas companies that currently hold a AAA rating from MSCI ESG.
- Hess received its first AAA rating in 2021, after earning AA ratings from MSCI ESG for 10 consecutive years.
- For more information about sustainability at Hess, including annual Sustainability Reports, please visit www.hess.com/sustainability .
Retrieved on:
Wednesday, January 25, 2023
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Yellowtail E&P net income was $667 million in the fourth quarter of 2022, compared with $309 million in the fourth quarter of 2021.
Key Points:
- E&P net income was $667 million in the fourth quarter of 2022, compared with $309 million in the fourth quarter of 2021.
- Net production, excluding Libya, was 376,000 boepd in the fourth quarter of 2022, compared with 295,000 boepd in the fourth quarter of 2021, primarily due to higher production in Guyana.
- After-tax expense for Corporate, Interest and Other was $107 million in the fourth quarter of 2022, compared with $118 million in the fourth quarter of 2021.
- Net cash provided by operating activities was $1,252 million in the fourth quarter of 2022, up from $899 million in the fourth quarter of 2021.
