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Press Releases 2018

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Q3 2018 Hess Corporation Earnings Conference Call
10/31/2018 at 10:00 AM ET
Q3 2018 Hess Corporation Earnings Conference Call
Wednesday, October 31, 2018 10:00 AM ET  
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10/09/2018Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Oct. 9, 2018-- Hess Corporation (NYSE:HES) announced today that it will hold a conference call on Wednesday, October 31, 2018 at 10 a.m. Eastern Time to discuss its third quarter 2018 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 6968468 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pas... 
09/26/2018Hess to Host Investor Day
NEW YORK--(BUSINESS WIRE)--Sep. 26, 2018-- Hess Corporation (NYSE: HES) will hold an Investor Day on December 12, 2018 at 1:00 p.m. CT in Houston, TX. The meeting will feature presentations by CEO John Hess and other members of the Hess leadership team. A live webcast of the meeting will be available on the Hess website at www.hess.com. The presentation and webcast will be archived and available for replay. Hess Corporation is a le... 
09/14/2018Hess Named to Dow Jones Sustainability Index (DJSI) North America for Ninth Consecutive Year
NEW YORK--(BUSINESS WIRE)--Sep. 14, 2018-- Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the ninth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders who consider sustainability when making investment decisions. Only the most sustainable companies in each industry are considered each year for index... 
09/05/2018Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--Sep. 5, 2018-- The Board of Directors of Hess Corporation (NYSE:HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on September 28, 2018 to holders of record at the close of business on September 17, 2018. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More in... 
09/05/2018Hess Announces Quarterly Cash Dividend on Preferred Stock
NEW YORK--(BUSINESS WIRE)--Sep. 5, 2018-- The Board of Directors of Hess Corporation (NYSE: HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on November 1, 2018 to holders of record at the close of business on October 15, ... 
08/31/2018Hess Completes Sale of Utica Acreage
NEW YORK--(BUSINESS WIRE)--Aug. 31, 2018-- Hess Corporation (NYSE: HES) today announced that it has completed the previously announced sale of its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effective April 1. Proceeds from this transaction will be used to invest in the company’s higher return growth opportunities in Guyana and the Bakke... 
08/30/2018Hess Announces Ninth Discovery Offshore Guyana
Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration NEW YORK--(BUSINESS WIRE)--Aug. 30, 2018-- Hess Corporation (NYSE: HES) today announced a ninth oil discovery offshore Guyana at the Hammerhead-1 well, marking its fift... 
08/27/2018Hess to Participate in Barclays CEO Energy-Power Conference
NEW YORK--(BUSINESS WIRE)--Aug. 27, 2018-- Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on September 6, 2018 at 7:45 a.m. ET. A live audio webcast and a replay of the presentation will be accessible via Hess Corporation’s website. Hess Corporation is a leading global independent energy company engaged in the explorat... 
07/25/2018Hess Reports Estimated Results for the Second Quarter of 2018
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07/23/2018Hess Announces Increased Resource Estimate for Stabroek Block, Offshore Guyana
Estimate of gross discovered recoverable resources for the Stabroek Block increased to more than 4 billion barrels of oil equivalent Planning underway for a third phase of development Total discoveries to date establish potential to produce over 750,000 barrels per day by 2025 NEW YORK--(BUSINESS WIRE)--Jul. 23, 2018-- Hess Corporation (NYSE: HES) today announced an increased estimate of gross di... 
07/10/2018Hess Corporation Publishes 2017 Sustainability Report
Reduced both its 2017 workforce recordable incident rate and lost time incident rate by 38 percent compared with 2016 Decreased flaring and greenhouse gas (GHG) emission intensities from operated assets by 38 percent and 23 percent, respectively, through 2017 versus a 2014 baseline NEW YORK--(BUSINESS WIRE)--Jul. 10, 2018-- Hess Corporation (NYSE:HES) published its 2017 Sustainability Report today, providing a c... 
07/05/2018Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Jul. 5, 2018-- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, July 25, 2018 at 10 a.m. Eastern Time to discuss its second quarter 2018 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 2156325 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass... 
06/29/2018Hess Announces Sale of Utica Acreage
NEW YORK--(BUSINESS WIRE)--Jun. 29, 2018-- Hess Corporation (NYSE:HES) today announced that it has entered into an agreement to sell its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effective April 1. “We continue to focus our portfolio by divesting lower return, non-core assets as part of our strategy to deliver long term value to ... 
06/20/2018Hess Announces Eighth Oil Discovery Offshore Guyana
Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near Turbot discovery Adding third drillship to accelerate exploration of high value prospects NEW YORK--(BUSINESS WIRE)--Jun. 20, 2018-- Hess Corporation (NYSE: HES) today announced an eighth oil discovery offshore Guyana at the Longtail-1 explora... 
06/05/2018Hess Announces Quarterly Cash Dividend on Preferred Stock
NEW YORK--(BUSINESS WIRE)--Jun. 5, 2018-- The Board of Directors of Hess Corporation (NYSE:HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on August 1, 2018 to holders of record at the close of business on July 15, 2018. Th... 
06/05/2018Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--Jun. 5, 2018-- The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on June 29, 2018 to holders of record at the close of business on June 18, 2018. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information... 
05/09/2018Hess to Participate in Citi Global Energy & Utilities Conference
NEW YORK--(BUSINESS WIRE)--May 9, 2018-- Hess Corporation (NYSE:HES) announced today that John Hess, Chief Executive Officer, will present at the Citi Global Energy & Utilities Conference in Boston on Tuesday, May 15 at 4:15 p.m. Eastern Time. A live audio webcast and a replay of the presentation will be available. Hess Corporation is a leading global independent energy company engaged in the exploration and production o... 
05/08/2018Hess Ranked Top Oil and Gas Company on 2018 Best Corporate Citizens List
NEW YORK--(BUSINESS WIRE)--May 8, 2018-- Hess Corporation (NYSE: HES) has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens for 2018. The annual list recognizes public companies across the United States that demonstrate strong performance in such areas as environment, climate change, employee relations, human rights, governance, finance, philanthropy and community ... 
04/26/2018Hess Acquires Interest in New Acreage Offshore Guyana
NEW YORK--(BUSINESS WIRE)--Apr. 26, 2018-- Hess Corporation (NYSE:HES) today announced that its subsidiary, Hess Guyana (Block B) Exploration Limited, had reached agreement with Esso Exploration and Production Guyana Limited (ExxonMobil) to acquire a 15 percent participating interest in the Kaieteur Block, offshore Guyana. The Cooperative Republic of Guyana has provided Hess and ExxonMobil an instrument detailing the transfer of interest, which has been ... 
04/25/2018Hess Reports Estimated Results for the First Quarter of 2018
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04/09/2018Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Apr. 9, 2018-- 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. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 5598309 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter... 
03/08/2018Hess Announces $1.0 Billion Share Repurchase Program
NEW YORK--(BUSINESS WIRE)--Mar. 8, 2018-- Hess Corporation (NYSE: HES) today announced that its Board of Directors has authorized the purchase of $1.0 billion of Hess common stock by the end of 2018. The newly authorized program is in addition to the $500 million share repurchase program Hess announced in late 2017. Under the new authorization, the Company will purchase $500 million of common stock through an accelerated stock repurchase (“ASR”) ... 
03/07/2018Hess Announces Quarterly Cash Dividend on Preferred Stock
NEW YORK--(BUSINESS WIRE)--Mar. 7, 2018-- The Board of Directors of Hess Corporation (NYSE:HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on May 1, 2018 to holders of record at the close of business on April 15, 2018. ... 
03/07/2018Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--Mar. 7, 2018-- The Board of Directors of Hess Corporation (NYSE:HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on March 29, 2018 to holders of record at the close of business on March 19, 2018. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More informatio... 
02/28/2018Hess Announces Seventh Oil Discovery Offshore Guyana
Pacora-1 well encounters approximately 65 feet of high-quality, oil-bearing sandstone Pacora resources to be integrated into third phase of development; will help bring Guyana production to more than 500,000 barrels of oil per day Further drilling on the Stabroek Block planned in 2018 NEW YORK--(BUSINESS WIRE)--Feb. 28, 2018-- Hess Corporation (NYSE:HES) today announced a seventh oil discovery ... 
02/06/2018Hess to Participate in Credit Suisse Energy Summit
NEW YORK--(BUSINESS WIRE)--Feb. 6, 2018-- Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will present at the Credit Suisse 23rd Annual Energy Summit in Vail on Wednesday, February 14 at 8:40 a.m. Mountain Time. A live audio webcast and a replay of the presentation will be available. Hess Corporation is a leading global independent energy company engaged in the exploration and production... 
02/05/2018Hess Reports Estimated Results for the Fourth Quarter of 2017
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01/31/2018Hess Announces 2018 E&P Capital and Exploratory Budget
Planned Expenditures Flat with 2017; Focus on High Return Projects in Guyana and the Bakken NEW YORK--(BUSINESS WIRE)--Jan. 31, 2018-- Hess Corporation (NYSE:HES) today announced its 2018 E&P capital and exploratory budget will be $2.1 billion, the same as 2017. The 2018 budget allocates increased capital for continuing exploration and development activities offshore Guyana and for the Bakken, which includes growing the rig count from four... 
01/16/2018Hess Corporation Calls Outstanding Notes Due in 2019 for Redemption
NEW YORK--(BUSINESS WIRE)--Jan. 16, 2018-- Hess Corporation (NYSE:HES) announced today that it will redeem all of its 8.125% Notes due February 15, 2019 (the “Notes”), of which $349,621,000 aggregate principal amount is outstanding as of January 16, 2018. The formal notice of redemption was sent today to holders of the Notes, by The Bank of New York Mellon, the trustee under the indenture governing the Notes. The Notes will be redeemed on ... 
01/11/2018Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Jan. 11, 2018-- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Monday, February 5, 2018 at 10 a.m. Eastern Standard Time to discuss its fourth quarter 2017 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 5798285 after 9:45 a.m. Outside the United States, parties ... 
01/05/2018Hess Announces Sixth Oil Discovery Offshore Guyana, Further Increasing Resource Potential
Ranger-1 well encounters approximately 230 feet of high-quality, oil-bearing reservoir Well is located approximately 60 miles northwest of the Liza Development Five previous world class discoveries on the Stabroek Block now estimated to have total recoverable resources of more than 3.2 billion barrels of oil equivalent Additional exploration drilling is planned on the Stabroek Block in ...