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Press Releases 2014

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Q2 2014 Hess Corporation Earnings Conference Call
07/30/2014 at 10:00 AM ET
Q2 2014 Hess Corporation Earnings Conference Call
Wednesday, July 30, 2014 10:00 AM ET  
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07/23/2014Hess Corporation Releases Annual Sustainability Report
Report Earns GRI Application Rating of A+ for Sixth Consecutive Year NEW YORK--(BUSINESS WIRE)--Jul. 23, 2014-- Hess Corporation (NYSE:HES) released its 2013 Corporate Sustainability Report today, a comprehensive look at the environmental, social and governance programs that distinguish the company and its subsidiaries worldwide. The report was released in print and an electronic version is published on the company’s website at http://www.hes... 
07/02/2014Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Jul. 2, 2014-- Hess Corporation (NYSE:HES) announced today that it will hold a conference call on Wednesday, July 30, 2014, at 10 a.m. Eastern Daylight Time to discuss its second quarter 2014 earnings release. To phone into the conference call, parties in the United States should dial 866-515-2914 and enter the pass code 80839758 after 9:45 a.m. Outside the United States, parties should dial 617-399-5128 and enter the pass code... 
06/19/2014Hess Corporation Announces Notes Offering
NEW YORK--(BUSINESS WIRE)--Jun. 19, 2014-- Hess Corporation (NYSE:HES) announced today that it has agreed to sell $300 million of 3-year notes with a 1.30% coupon maturing on June 15, 2017 and $300 million of 10-year notes with a 3.50% coupon maturing on July 15, 2024 in a registered public offering led by J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBS Securities Inc., BNP Paribas Securities Corp. and Goldman, Sachs & Co. ... 
06/05/2014Hess Tops List of U.S. Energy Producers in 2014 Green Rankings
NEW YORK--(BUSINESS WIRE)--Jun. 5, 2014-- Hess Corporation (NYSE:HES) today announced it has been ranked No. 1 among the greenest U.S. energy producers according to the just-released “2014 Newsweek (magazine) Green Rankings” of the largest 500 companies in the world (http://www.newsweek.com/green/americas-greenest-companies-2014). The rankings, now in their sixth year, evaluate the 500 largest publicly-traded companies as of December 31, 2013, by... 
06/04/2014Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--Jun. 4, 2014-- 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 30, 2014 to holders of record at the close of business on June 16, 2014. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information ... 
05/22/2014Hess to Continue “Hess Toy Truck” Tradition
NEW YORK--(BUSINESS WIRE)--May 22, 2014-- Following the announcement today that Hess Corporation is selling its retail business to Marathon Petroleum Corporation, Hess confirmed that it will produce a 2014 Hess Toy Truck, that will be the 50th anniversary edition, which will be sold this holiday season as in the past through Hess retail outlets and online through the Hess Toy Truck website at www.hesstoytruck.com. After 2014, the company is plann... 
05/22/2014Hess Announces Sale of Retail Business to Marathon Petroleum Corporation for $2.6 Billion
Proceeds to Be Used for Additional Share Repurchases NEW YORK--(BUSINESS WIRE)--May 22, 2014-- Hess Corporation (NYSE:HES) announced today that it has agreed to sell its retail business to Marathon Petroleum Corporation for a total cash consideration of $2.6 billion. Hess Retail is the largest chain of company operated gas stations and convenience stores along the East Coast with 1,342 locations. Proceeds from the sale will be used for... 
05/19/2014Hess Corporation, North Dakota Officials Gather to Celebrate Expansion of Tioga Gas Plant
TIOGA, N.D.--(BUSINESS WIRE)--May 19, 2014-- Hess Corporation (NYSE:HES) was joined today by Governor Jack Dalrymple, Senator John Hoeven and a host of other government officials to commemorate the recently completed expansion of the Tioga Gas Plant, which more than doubles the operational capacity of the facility. The project is part of a more than $1.5 billion infrastructure investment made by Hess between 2012 and 2014 in North Dakota that has... 
05/06/2014Hess Ranked Top Energy Company in 2014 Best Corporate Citizens List
NEW YORK--(BUSINESS WIRE)--May 6, 2014-- Hess Corporation (NYSE: HES) today announced it has been recognized as the highest ranking energy company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens. This honor is earned by companies that show strong performance in such areas as Climate Change, Environment, Philanthropy, Human Rights, Finance, Governance and Employee Relations. Hess has been recognized in the top ... 
04/30/2014Hess Reports Estimated Results for the First Quarter of 2014
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04/23/2014Hess Announces Sale of Its Thailand Assets
NEW YORK--(BUSINESS WIRE)--Apr. 23, 2014-- Hess Corporation announced today it has sold its interests in both the Sinphuhorm and Pailin Fields located in Thailand to PTT Exploration and Production Public Company Limited for a total after-tax consideration of approximately $1.0 billion, effective July 1, 2013. Together, the two assets produced an average of 17,000 barrels of oil equivalent per day net to Hess in 2013. Hess will use the proceeds from this sale to continue repurchasing shares und... 
04/01/2014Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Apr. 1, 2014-- Hess Corporation (NYSE:HES) announced today that it will hold a conference call on Wednesday, April 30, 2014, at 10 a.m. Eastern Daylight Time to discuss its first quarter 2014 earnings release. To phone into the conference call, parties in the United States should dial 1-877-703-6104 and enter the pass code 20457974 after 9:45 a.m. Outside the United States, parties should dial 1-857-244-7303 and enter the pass ... 
03/11/2014Hess to Appoint Terrence J. Checki to Board of Directors
NEW YORK--(BUSINESS WIRE)--Mar. 11, 2014-- Hess Corporation (NYSE:HES) today announced that its Board of Directors will appoint Terrence J. Checki, a Management Committee member at the Federal Reserve Bank of New York, to the Company’s Board of Directors, effective May 1, 2014. Mr. Checki, 68, is stepping down from his post as one of the senior-most officials at the New York Fed, sitting on its Management Committee and playing a key role i... 
03/05/2014Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--Mar. 5, 2014-- 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 31, 2014 to holders of record at the close of business on March 20, 2014. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More informatio... 
01/30/2014Hess to Participate in Credit Suisse Energy Summit
NEW YORK--(BUSINESS WIRE)--Jan. 30, 2014-- Hess Corporation (NYSE:HES) announced today that John Hess, Chief Executive Officer, will present at the Credit Suisse Energy Summit in Vail on Tuesday February 11 at 11:30 am MST. A live audio webcast and a replay of the presentation will be accessible via Hess Corporation’s website. About Hess: Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information ... 
01/29/2014Hess Corporation Announces Sale of Utica Dry Gas Acreage
NEW YORK--(BUSINESS WIRE)--Jan. 29, 2014-- Hess Corporation (NYSE: HES) announced today that it has entered into an agreement to sell approximately 74,000 acres of its dry gas acreage in the Utica Shale to an undisclosed third party for a consideration of $924 million. Approximately two-thirds of these proceeds are expected at the end of the first quarter of this year, with the balance to be received in the third quarter. Proceeds from the... 
01/29/2014Hess Reports Estimated Results for the Fourth Quarter of 2013
Please Click Here for the PDF Version of the release... 
01/23/2014Hess Corporation Announces 2014 Capital and Exploratory Budget
NEW YORK--(BUSINESS WIRE)--Jan. 23, 2014-- Hess Corporation (NYSE:HES) announced today a 2014 Exploration and Production capital and exploratory budget of $5.8 billion. Of this, $2.85 billion (49 percent) is dedicated to unconventional shale resources, with $1.475 billion (25 percent) for production, $925 million (16 percent) for developments and $550 million (10 percent) for exploration. John Hess, CEO, commented, “In 2010, we began focus... 
01/10/2014Hess Completes Sale of Pangkah Asset in Indonesia
NEW YORK--(BUSINESS WIRE)--Jan. 10, 2014-- Hess Corporation (NYSE:HES) today completed the previously announced sale of its Pangkah asset to a subsidiary of PT Saka Energi Indonesia, which exercised its pre-emption rights, for a total after tax consideration of $650 million comprising the sale of equity interests in certain holding entities and certain inter-company debts. The asset, located off the coast of Indonesia, produced an average of 9,000 barrel... 
01/08/2014Hess Files Form 10 Registration Statement Related to Spin Off of Retail Business
NEW YORK--(BUSINESS WIRE)--Jan. 8, 2014-- Hess Corporation announced today that Hess Retail Corporation, its wholly owned subsidiary, has filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC). The Form 10 contains a preliminary information statement about the potential terms and conditions of a spin-off of Hess Retail Corporation to the stockholders of Hess Corporation. It also includes information a... 
01/06/2014Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Jan. 6, 2014-- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, January 29, 2014, at 10 a.m. Eastern Standard Time to discuss its fourth quarter 2013 earnings release. To phone into the conference call, parties in the United States should dial 1-877-703-6103 and enter the pass code 25740602 after 9:45 a.m. Outside the United States, parties should dial 1-857-244-7302 and enter the p...