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Hess (HES) Stock News

HES NYSE

Welcome to our dedicated page for Hess news (Ticker: HES), a resource for investors and traders seeking the latest updates and insights on Hess stock.

Hess Corporation reported operating results, dividend actions, material agreements and governance matters as a global independent energy company engaged in exploration and production of crude oil and natural gas. Company updates have centered on realized oil prices, production volumes, exploration expense, common-stock dividends, and the Midstream segment, including Hess Midstream-related unit and debt activity.

Hess developments also include Guyana operations on the Stabroek Block, including sanctioned oil projects such as Yellowtail, Uaru and Whiptail, and public-private initiatives in Guyana. In July 2025, Hess became the surviving corporation in a completed merger and a direct wholly owned subsidiary of Chevron Corporation, making subsequent news part of a corporate-status transition for the former public issuer.

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Hess (NYSE: HES) will release its second-quarter earnings on Wednesday, July 31. Concurrently, the company will post additional earnings information on its website. Hess will not host an earnings call due to a definitive agreement for acquisition by Chevron, announced on October 23, 2023. This acquisition is pending shareholder and regulatory approvals and other customary closing conditions. Hess is a prominent global independent energy company focusing on crude oil and natural gas exploration and production.

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Hess (NYSE: HES) announced that its stockholders have approved the proposed merger with Chevron During a special meeting, a majority of Hess's outstanding shares voted in favor of the merger. CEO John Hess highlighted that the merger will create a leading integrated energy company capable of delivering significant shareholder value. The final voting results will be documented in a Form 8-K filed with the U.S. SEC. The merger does not require approval from Chevron's stockholders but remains subject to other closing conditions, including regulatory approvals and arbitration outcomes related to the Stabroek Block joint operating agreement. Both companies aim to complete the merger promptly.

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The Board of Directors of Hess (NYSE: HES) has declared a regular quarterly dividend of 43.75 cents per share. This dividend will be payable on June 28, 2024, to shareholders of record as of June 14, 2024. Hess is a global independent energy company focused on the exploration and production of crude oil and natural gas. For more information, visit the company's website or view the press release on Business Wire.

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FAQ

What is the current stock price of Hess (HES)?

The current stock price of Hess (HES) is $148.97 as of July 21, 2025.

What is the market cap of Hess (HES)?

The market cap of Hess (HES) is approximately 46.2B.