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Hess Corp HES

Market Closed
21 Jun, 20:00
NYSE NYSE
$
146. 18
-0.96
-0.65%
After Hours
$
146. 18
+0 +0%
43.02B Market Cap
30.38 P/E Ratio
1.75% Div Yield
4,146,300 Volume
5.11 Eps
$ 147.14
Previous Close
Day Range
146.12 148.34
Year Range
129.12 167.75

HES Chart

Hess Corp Profile

Oil & Gas E&P Industry
Energy Sector
Mr. John B. Hess CEO
NYSE Exchange
US42809H1077 ISIN
United States Country
1,756 Employees
- Last Dividend
29 Aug 1980 Last Split
6 Apr 1983 IPO Date

Overview

Hess Corporation stands as a prominent exploration and production company, with a focus on discovering, developing, producing, purchasing, transporting, and selling crude oil, natural gas liquids (NGLs), and natural gas. With its operations segmented into Exploration and Production, and Midstream, Hess Corporation strategically manages its production primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. Additionally, its exploration efforts are notably active offshore in regions such as Guyana, the U.S. Gulf of Mexico, Suriname, and Canada. Headquartered in New York, New York, since its incorporation in 1920, Hess Corporation has continually evolved to meet the energy sector's demands through innovation and strategic planning, positioning itself as a key player in the global energy market.

Products and Services

  • Crude Oil and Natural Gas Production
  • Hess Corporation specializes in the exploration and production of vital resources, including crude oil and natural gas. By employing advanced technologies and methodologies, the company ensures the efficient extraction and production of these energy commodities, catering to the global demand.

  • Natural Gas Liquids (NGLs)
  • The company also plays a significant role in the production and sale of NGLs. These hydrocarbons are crucial for a variety of industrial processes and energy production methods, highlighting Hess Corporation’s contribution to the broader energy and chemicals market.

  • Transportation and Logistics Services
  • Hess Corporation offers comprehensive transportation and logistics services to facilitate the movement of crude oil, NGLs, and natural gas. This includes gathering, compressing, and processing natural gas; fractionating NGLs; and providing efficient transport solutions, such as rail car loading and transporting, ensuring that these commodities reach their respective markets securely and efficiently.

  • Midstream Operations
  • In addition to upstream activities, Hess Corporation is actively involved in midstream operations, encompassing the gathering, terminaling, loading, and transporting of crude oil and NGLs. The company’s midstream segment also includes activities such as propane storage and terminaling, demonstrating a versatile approach towards handling a broad spectrum of hydrocarbon products.

  • Water Handling and Environmental Services
  • Hess Corporation extends its services to include water handling, particularly aimed at supporting operations in the Bakken Shale plays in the Williston Basin area of North Dakota. These services underline the company’s commitment to environmental stewardship and the sustainable management of natural resources.

Contact Information

Address: 1185 Avenue of the Americas
Phone: 212 997 8500