Newsroom
Hess Corporation Logo header
SEARCH

Newsroom

  • IMG_0598_medium
    01.26.2016

    Hess Announces 2016 E&P Capital and Exploratory Budget

    Hess Corporation (NYSE: HES) announced today a 2016 E&P capital and exploratory budget of $2.4 billion, a 40 percent reduction from its 2015 actual spend of $4.0 billion and approximately 20 percent below preliminary 2016 guidance of $2.9-$3.1 billion provided in October.
    Full story
  • Ohio_MarcMorrison_0256_20140206_NorthMalay_HMHaron_0449_2014Athens B #186_medium
    01.27.2016

    Hess Reports Estimated Results for Fourth Quarter of 2015

    Hess Corporation (NYSE: HES) today reported an adjusted net loss, which excludes items affecting comparability, of $396 million or $1.40 per common share, for the fourth quarter of 2015 compared with adjusted net income of $53 million or $0.18 per share in the 2 fourth quarter of 2014.
    Full story
  • NorthDakota_MMorrison_0577_140521_Pumpjacks #0302_medium
    02.01.2016

    Hess in the Media: E&P Magazine

    In an interview with E&P Magazine’s Senior Editor Jennifer Presley, COO Greg Hill outlined how Hess Corporation is making its success repeatable through implementation of Lean manufacturing principles.
    Full story
  • North Dakota operations
    02.04.2016

    Hess Corporation Announces Concurrent Offerings of Common Stock and Depositary Shares Representing an Interest in Mandatory Convertible Preferred Stock

    Hess Corporation (NYSE:HES) today announced the commencement of concurrent underwritten public offerings of 25,000,000 shares of its common stock and 10,000,000 depositary shares, each of which represents a 1/20th interest in a share of its Series A Mandatory Convertible Preferred Stock (the “Convertible Preferred Stock”), $1.00 par value per share, with a liquidation preference of $1,000 per share of Convertible Preferred Stock (equivalent to $50 per depositary share).
    Full story
  • Hess Bakken operations
    02.05.2016

    Hess Corporation Prices Concurrent Offerings of Common Stock and Depositary Shares Representing an Interest in Mandatory Convertible Preferred Stock

    Hess Corporation (NYSE:HES) announced the pricing of its previously announced concurrent underwritten public offerings of 25,000,000 shares of its common stock at a price of $39.00 per share, and 10,000,000 depositary shares, each of which represents a 1/20th interest in a share of its 8.00% Series A Mandatory Convertible Preferred Stock (the “Convertible Preferred Stock”), $1.00 par value per share, with a liquidation preference of $1,000 per share of Convertible Preferred Stock (equivalent to $50 per depositary share), at a price of $50 per depositary share.
    Full story
  • John Hess, CEO
    02.16.2016

    Hess to Present at Credit Suisse Energy Summit

    CEO John Hess will speak at the Credit Suisse 21st Annual Energy Summit on Feb. 24 at 7:30 a.m. MT.
    Full story
  • Hess mobile workover trailers at worksites keep operations on schedule.
    02.25.2016

    Hess in the Media: Supply Chain World

    A magazine focused on supply chain best practices recently highlighted Hess’ application of Lean manufacturing principles. In “Proving Ground,” Hess supply chain professionals discuss how the company is reducing waste and adding value in its supply chain.
    Full story
  • John Hess at CERAWeek 2016
    02.25.2016

    John Hess: Our Company Is Prepared to ‘Ride out the Storm’

    Hess CEO John Hess, in a discussion with energy leaders at the annual IHS Energy CERAWeek Conference, said that during this period of low oil prices Hess is guided by three principles: preserve our balance sheet, preserve our operating capability and preserve our long-term growth options.
    Full story
  • Jason Harry, Senior Subsea Engineer
    03.17.2016

    Delivering Value through Technology: Offshore Inspection Campaign Leverages Subsea CT Scanning Technology

    At the Subsea Tieback Conference, hosted March 22–24 in San Antonio, Texas, Sr. Subsea Engineer Jason Harry will discuss how Hess recently applied subsea CT scanning technology to examine high corrosion potential locations along a flowline at an existing Hess asset.
    Full story
  • Bakken VP Gerbert Schoonman speaks at DUG Rockies
    03.17.2016

    Hess’ Bakken Strategy Fuels Interest at DUG Rockies

    In a keynote address at the DUG Rockies oil and gas conference in Denver on March 10, Bakken Vice President Gerbert Schoonman described the company’s strategy for keeping that momentum going even in a down market.
    Full story
  • Equal Opportunity Magazine named Hess Corporation a Top 50 Employer
    03.24.2016

    Hess named a Top 50 employer

    Hess was recently named one of the Top 50 Companies by Equal Opportunity Magazine.
    Full story
load more