Hess Schedules Earnings Release Date

Rhea-AI Summary

Hess Corporation (NYSE: HES) will release its fourth quarter earnings on January 31, with supplemental information available on its website. The company will not hold a conference call due to the pending acquisition by Chevron, subject to approvals and closing conditions. Hess is a global independent energy company focused on oil and gas exploration and production.

Positive

• None.

Negative

• The pending acquisition by Chevron may lead to uncertainties for shareholders and potential regulatory hurdles that could impact the company's operations and stock performance.

NEW YORK--(BUSINESS WIRE)-- Hess Corporation (NYSE: HES) announced today that on Wednesday, January 31 it will issue its fourth quarter earnings press release and post supplemental earnings information on its website at www.hess.com.

The company will not hold a conference call due to the definitive agreement announced on October 23, 2023 for Hess to be acquired by Chevron, subject to shareholder and regulatory approvals and other customary closing conditions.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at https://www.hess.com/.

Forward-looking Statements

Certain statements in this release may constitute "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, uncertainties inherent in the measurement and interpretation of geological, geophysical and other technical data. Estimates and projections contained in this release are based on the Company’s current understanding and assessment based on reasonable assumptions. Actual results may differ materially from these estimates and projections due to certain risk factors discussed in the Corporation’s periodic filings with the Securities and Exchange Commission and other factors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240111692275/en/

Investor contact:

Jay Wilson

(212) 536-8940

jrwilson@hess.com

Media contact:

Lorrie Hecker

(212) 536-8250

lhecker@hess.com

Source: Hess Corporation

FAQ

When will Hess Corporation release its fourth quarter earnings?

Hess Corporation (NYSE: HES) will release its fourth quarter earnings on Wednesday, January 31.

Why is Hess Corporation not holding a conference call for the earnings release?

Hess Corporation is not holding a conference call due to the pending acquisition by Chevron, subject to approvals and closing conditions.

What is the focus of Hess Corporation's business?

Hess Corporation is a global independent energy company engaged in the exploration and production of crude oil and natural gas.

What is the website for more information on Hess Corporation?

More information on Hess Corporation is available at https://www.hess.com/.