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 (HES) is a leading global independent energy company focused on oil and gas exploration, production, and processing. This page aggregates official press releases, financial announcements, and market-related developments directly from Hess and trusted industry sources.
Investors and industry professionals can track critical updates including quarterly earnings reports, strategic partnerships, operational milestones, and regulatory filings. Our curated collection ensures timely access to decision-relevant information while maintaining strict editorial standards for accuracy and relevance.
Key content categories include production updates from core assets like the Bakken Shale and Guyana offshore developments, sustainability initiatives, executive leadership changes, and analysis of market trends impacting the energy sector. All materials are organized chronologically for efficient navigation.
Bookmark this page for continuous access to Hess Corporation's latest developments. For comprehensive tracking of HES stock performance and energy market dynamics, visit regularly to stay informed through primary source materials and expert-curated news.
His Excellency Dr. Irfaan Ali of Guyana announced a national healthcare initiative with Mount Sinai Health System and Hess Corporation (NYSE: HES) to enhance healthcare quality and accessibility in Guyana. This collaboration will focus on improving primary care and specialized services, especially in cardiology and oncology, at the Georgetown Public Hospital Corporation. The initiative is a multi-year project funded jointly by Hess Corporation and the Guyanese government, with a 40-member team from Mount Sinai set to begin work this summer.
Hess Corporation (NYSE: HES) announced that CEO John Hess will participate in a Fireside Chat at the J.P. Morgan 2022 Energy, Power & Renewables Conference on June 23 at 8:20 a.m. Eastern Time. A live audio webcast of the event will be available, with a replay accessible on Hess's website.
Hess is a leading independent energy company focused on crude oil and natural gas exploration.
Hess Corporation (NYSE: HES) announced that CEO John Hess will participate in a fireside chat at Bernstein’s 38th Annual Strategic Decisions Conference on June 2, 2022, at 10:00 a.m. ET. A live audio webcast and replay will be accessible via Hess Corporation’s website. As a leading global independent energy company, Hess is engaged in the exploration and production of crude oil and natural gas. For more details, visit Hess's website.
The Board of Directors of Hess Corporation (NYSE: HES) has declared a regular quarterly dividend of 37.5 cents per share, payable on June 30, 2022. This dividend is set for holders of record at the close of business on June 15, 2022. Hess Corporation operates as a leading global independent energy company, focusing on crude oil and natural gas exploration and production.
Hess Corporation (NYSE: HES) announced new discoveries at Barreleye, Lukanani, and Patwa on the Stabroek Block, increasing gross recoverable oil estimates to approximately 11 billion barrels. The Yellowtail development, with a capacity of 250,000 bopd, has been sanctioned, with first oil expected in 2025. First-quarter net income rose to $417 million from $252 million year-over-year, largely due to higher oil prices. However, production volumes decreased. The dividend was increased by 50% to $0.375 per share, and $500 million of debt was prepaid.
Hess Corporation (NYSE: HES) has announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 11 billion barrels of oil equivalent, up from over 10 billion. This update includes three new discoveries: Barreleye, Lukanani, and Patwa. The Barreleye-1 well encountered 230 feet of hydrocarbon-bearing sandstone, with 52 feet of high-quality oil. Hess anticipates significant future production opportunities, with plans for at least six FPSOs to be operational on the block by 2027.
Hess Corporation (NYSE: HES) has announced a conference call scheduled for April 27, 2022, at 10 a.m. Eastern Time to discuss its first quarter 2022 earnings release. Participants in the U.S. can join by calling 877-693-6685 or 443-295-9223 from outside the U.S., using pass code 5695921. A replay will be available from April 27 to May 12, 2022. Hess Corporation is a leading independent energy company engaged in crude oil and natural gas exploration and production.
Hess Corporation (NYSE: HES) has announced the final investment decision for the development of Yellowtail offshore Guyana, following regulatory approval. Yellowtail will be the fourth and largest oil development on the Stabroek Block, producing approximately 250,000 gross barrels of oil per day starting in 2025. The project is expected to cost around US$2.3 billion net for Hess, with specified expenditures across 2022 to 2026. This initiative promises significant resource potential, contributing to the projected production capacity of over 1 million barrels per day by 2027.
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