Hess

HES · NYSE

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About HES

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. The company is headquartered in New York City, New York and currently employs 1,797 full-time employees. The firm is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids (NGL), and natural gas with production operations located in the United States (U.S.), Guyana, the Malaysia/Thailand Joint Development Area (JDA) and Malaysia. The firm operates through two segments: E&P and Midstream. The E&P segment explores for, develops, produces, purchases and sells crude oil, NGL and natural gas. The Midstream segment provides fee-based services, including gathering, compressing and processing natural gas and fractionating NGL; gathering, terminaling, loading and transporting crude oil and NGL; storing and terminaling propane, and water handling services primarily in the Bakken shale play of North Dakota. The firm conducts exploration activities primarily offshore Guyana, in the U.S. Gulf of Mexico, and offshore Suriname.

Employees
1,797
Headquarters
New York City, New York
Listed
Mar 15, 1926
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Website
hess.com

HES key statistics

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HES earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 8 of the last 8 quarters, by 28.3% on average.

  1. Q2 FY23: reported $0.65 per share against an estimate of $0.5068
  2. Q3 FY23: reported $1.64 per share against an estimate of $1.13
  3. Q4 FY23: reported $1.63 per share against an estimate of $1.46
  4. Q1 FY24: reported $3.16 per share against an estimate of $1.69
  5. Q2 FY24: reported $2.62 per share against an estimate of $2.51
  6. Q3 FY24: reported $2.14 per share against an estimate of $1.79
  7. Q4 FY24: reported $1.76 per share against an estimate of $1.49
  8. Q1 FY25: reported $1.81 per share against an estimate of $1.63

HES news

  • Surbhi Jain

    Ken Griffin To Wall Street: Forget ChatGPT — Hedge Fund Alpha Doesn't Need AI

  • Chandrima Sanyal

    Wall Street Meets Web3: Fintech ETFs, SPY, VOO To Get Jack Dorsey Upgrade As Block Joins S&P 500

  • Priya Nigam

    Chevron Wins Hess-Related Arbitration, Targets $1 Billion In Merger Synergies

  • Press releasePRNewswire

    Block Set to Join S&P 500

  • Press releaseBusiness Wire

    Chevron Completes Acquisition of Hess Corporation

  • Press releaseBusiness Wire

    Hess Schedules Earnings Release Date

  • Press releaseBusiness Wire

    Hess Announces Regular Quarterly Dividend On Common Stock

  • Kaustubh Bagalkote

    Elliott Management Scores Key Win In Phillips 66 Proxy Fight As ISS Backs All Four Board Nominees Ahead Of May 21 Vote

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