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12/21/2007Hess Corporation Announces Capital and Exploratory Budget for 2008
NEW YORK--(BUSINESS WIRE)--Dec. 21, 2007--Hess Corporation (NYSE: HES) announced today a $4.4 billion capital and exploratory expenditure budget for 2008. Approximately $4.3 billion is targeted for Exploration and Production, with $1.6 billion for production, $1.5 billion for field developments and $1.2 billion for exploration. John B. Hess, Chairman and Chief Executive Officer, stated, "We are fortunate to have attractive investment opportunities for the future. We will invest ou... 
12/07/2007Hess Corporation And Dunkin’ Donuts Announce Partnership To Fuel Americans On The Go
NEW YORK, Dec. 7, 2007 – Hess Corporation today announced an exclusive agreement with Dunkin' Donuts, the world's largest coffee and baked goods chain, to offer high-quality coffee, hot chocolate and donuts in a new self-service offerings in many of Hess' gas-convenience locations. The Dunkin' Donuts' self-service offering will roll out in Hess stores starting in January, initially within Hess locations in Florida, North Carolina, South Carolina and Virginia. Hess plans to introduce at least 175... 
12/05/2007Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--Dec. 5, 2007--On December 5, 2007, the Board of Directors of Hess Corporation (NYSE: HES) declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on January 2, 2008 to holders of record at the close of business on December 19, 2007. Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil ... 
10/31/2007Hess Reports Estimated Results for the Third Quarter of 2007
Third Quarter Highlights: -- Net Income was $395 million compared with $296 million in third quarter 2006. -- Cash flows from operations were $863 million compared with $828 million in third quarter 2006. -- Oil and gas production was 357,000 barrels per day, up from 352,000 in third quarter 2006. -- Debt to capitalization ratio decreased to 29.5 percent at September 30, 2007, from 31.6 percent at the end o... 
10/01/2007Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Oct. 1, 2007--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, October 31, at 10 a.m. Eastern Daylight Time to discuss its third quarter 2007 earnings release. To phone into the conference call, parties in the United States should dial 1-888-680-0893 and enter the pass code 82376703 after 9:45 a.m. Outside the United States, parties should dial 1-617-213-4859 and enter the pass code 82376703. We now offer the... 
09/25/2007Hess Corporation Contracts Stena DrillMAX III Drill Ship for Five-Year Term Beginning 2009
NEW YORK--(BUSINESS WIRE)--Sept. 25, 2007--Hess Corporation announced today that it has secured the Stena DrillMAX III drill ship to cover many of its deepwater drilling and completion needs beginning in the middle of 2009. The contract, for approximately $950 million, provides Hess with a state-of-the-art rig equipped to drill in up to 7,500 feet of water. The agreement is for five years. "This agreement offers us a high specification rig in the time frame we desire and will... 
09/05/2007Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--Sept. 5, 2007--On September 5, 2007 the Board of Directors of Hess Corporation (NYSE: HES) declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on September 28, 2007 to holders of record at the close of business on September 14, 2007. CONTACT: Hess Corporation Investors: Jay Wilson, 212-536-8940 or Media: Jon Pepper, 212... 
07/25/2007Hess Reports Estimated Results for the Second Quarter of 2007
NEW YORK--(BUSINESS WIRE)--July 25, 2007--Hess Corporation (NYSE: HES) reported net income of $557 million for the second quarter of 2007 compared with net income of $566 million for the second quarter of 2006. The after-tax results by major operating activity were as follows: Three months ended Six months ended June 30 (unaudited) June 30 (unaudited) --------------------- --------------------- ... 
07/11/2007Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--July 11, 2007--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, July 25, at 10 a.m. Eastern Daylight Time to discuss its second quarter 2007 earnings release. To phone into the conference call, parties in the United States should dial 1-866-713-8307 and enter the pass code 48701234 after 9:45 a.m. Outside the United States, parties should dial 1-617-597-5307 and enter the pass code 48701234. This conference c... 
06/26/2007Drilling Operations Temporarily Suspended at Hess Pony Prospect
NEW YORK--(BUSINESS WIRE)--June 26, 2007--Hess Corporation (NYSE: HES) today announced that drilling at its Pony #2 well, on Green Canyon Block 468 in the deepwater Gulf of Mexico, will be temporarily suspended because of drilling rig inspection requirements. The Ocean Baroness rig will be put in dry dock for statutory Coast Guard ABS inspection and routine repairs. The cost of the demobilization, repairs, inspection and remobilization will be incurred by Diamond Offshore Drilling, In... 
06/21/2007Hess Corporation Names Leader of Global Exploration and New Ventures
NEW YORK--(BUSINESS WIRE)--June 21, 2007--In BW5492 issued June 21, 2007: Throughout the press release, Bill Drennan should read Bill Drennen. The corrected release reads: HESS CORPORATION NAMES LEADER OF GLOBAL EXPLORATION AND NEW VENTURES Hess Corporation today announced that Bill Drennen has been appointed Senior Vice President, Global Exploration and New Ventures, effective July 2. Drennen, who will be based in Houston, was previously Vice President, Americas, ExxonM... 
06/06/2007Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--June 6, 2007--On June 6, 2007 the Board of Directors of Hess Corporation (NYSE: HES) declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on June 29, 2007 to holders of record at the close of business on June 15, 2007. CONTACT: Hess Corporation Investors: Jay Wilson, 212-536-8940 SOURCE: Hess Corporation ... 
04/25/2007Hess Reports Estimated Results for the First Quarter of 2007
NEW YORK, Apr 25, 2007 (BUSINESS WIRE) -- Hess Corporation (NYSE: HES) Hess Corporation reported net income of $370 million for the first quarter of 2007 compared with net income of $699 million for the first quarter of 2006. First quarter 2006 results included an after-tax gain of $186 million related to the sale of certain United States producing properties. The after-tax results by major operating activities were as follows: Three mon... 
03/30/2007Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--March 30, 2007--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, April 25 at 10:00 a.m. Eastern Daylight Time to discuss its first quarter 2007 earnings release. To phone into the conference call, parties in the United States should dial 1-800-659-2037 and enter the pass code 21014429 after 9:45 a.m. Outside the United States, parties should dial 1-617-614-2713 and enter the pass code 21014429. This conference ca... 
03/07/2007Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--March 7, 2007--On March 7, 2007 the Board of Directors of Hess Corporation (NYSE: HES) declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on March 30, 2007 to holders of record at the close of business on March 16, 2007. CONTACT: Hess Corporation Investors: Jay Wilson, 212-536-8940 Or Media: James Allen, 212-536-8550 ... 
03/01/2007Hess Announces Filing of 2006 Form 10-K
NEW YORK--(BUSINESS WIRE)--March 1, 2007--Hess Corporation (NYSE: HES) today filed with the Securities and Exchange Commission its Annual Report on Form 10-K, including audited financial statements, for the fiscal year ended December 31, 2006 ("Form 10-K"). The Form 10-K is available through the Company's website www.hess.com. Holders may receive a hard copy of the Form 10-K without charge upon request as indicated on the Company's website. About Hess Corporation Hess, headqu... 
01/31/2007Hess Reports Estimated Results for the Fourth Quarter of 2006
NEW YORK, Jan 31, 2007 (BUSINESS WIRE) -- Hess Corporation (NYSE: HES) Hess Corporation reported net income of $359 million for the fourth quarter of 2006 compared with net income of $452 million for the fourth quarter of 2005. For the full year, net income was $1,916 million compared with $1,242 million in 2005. See the following page for a table and description of items affecting the comparability of earnings between periods. The after-tax results by major operating activity were as fol... 
01/09/2007Hess Corporation Port Reading Refinery Temporarily Shut Down
NEW YORK--(BUSINESS WIRE)--Jan. 9, 2007--Hess Corporation said a small fire in a pump occurred early Tuesday morning at its Port Reading, New Jersey refinery, which manufactures gasoline and heating oil for markets in the Northeast. The fire was quickly extinguished by plant personnel and there were no injuries. The refinery has been temporarily shut down while inspections and repairs are performed. Hess Corporation, with headquarters in New York, is a global integrated energy com... 
01/04/2007Hess Announces Successful Pony Deepwater Sidetrack Well
NEW YORK--(BUSINESS WIRE)--Jan. 4, 2007--Hess Corporation (NYSE:HES) announced today that it had completed sidetracking its Pony discovery in Green Canyon Block 468 in the deepwater Gulf of Mexico. The sidetrack well, drilled approximately 2,700 feet northeast of the discovery well to a depth of 30,634 feet, encountered 280 feet of oil saturated sandstone in Miocene age reservoirs after penetrating sixty percent of its geological objective. Drilling of the sidetrack well was stopped f... 
01/03/2007Hess Schedules Earnings Release Conference Call
NEW YORK--(BUSINESS WIRE)--Jan. 3, 2007--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, January 31 at 10:00 a.m. Eastern Standard Time to discuss its fourth quarter 2006 earnings release. To phone into the conference call, parties in the United States should dial 1-866-578-5784 and enter the pass code 50502429 after 9:45 a.m. Outside the United States, parties should dial 1-617-213-8056 and enter the pass code 50502429. This conference c...