Hess Corp - Company Profile
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Hess Corp (Hess), a subsidiary of Chevron Corp, is a global independent energy company primarily engaged in the exploration and production of crude oil and natural gas. Its main operations include the extraction of crude oil and natural gas and the development of shale plays. Hess carries a leading position in North Dakota and Ohio. The company offers its crude oil and natural gas products, for various industries including energy, transportation, and manufacturing. Hess operates in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia, with exploration activities primarily offshore Guyana, in the US Gulf of Mexico, and offshore Suriname. Hess Corp is headquartered in New York, the US.
Headquarters
United States of America
Address
1185 Avenue Of The Americas, New York City, 10036
Website
www.hess.com
Telephone
1 212 9978500
No of Employees
1,797
Industry
Energy and Utilities
Revenue (2024)
$12.9B
Hess Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude Oil | Transporting |
| Natural Gas | Water handling |
| Natural Gas Liquids (NGL) | Terminaling |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Ownership Changes | In July, the company was acquired by Chevron Corporation, a petroleum refinery company. |
| 2025 | Stake Sale | In March, the company sold its 4.99% stake to an oil and gas company, Chevron Corp. |
| 2024 | Regulatory Approval | In September, the company secured approval from the Federal Trade Commission antitrust to merge with Chevron. |
Competitor Comparison
| Key Parameters | Hess Corp | Exxon Mobil Corp | Targa Resources Corp | Olin Corp | Marathon Oil Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New York City | Spring | Houston | Clayton | Houston |
| State/Province | New York | Texas | Texas | Missouri | Texas |
| No. of Employees | 1,797 | 60,900 | 3,570 | 7,676 | 1,681 |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James H. Quigley | Chairman | Executive Board | 2016 | 72 |
| John B. Hess | Chief Executive Officer; Director | Executive Board | 1995 | 70 |
| John P. Rielly | Chief Financial Officer; Executive Vice President | Senior Management | 2020 | 62 |
| Gregory P. Hill | Chief Operating Officer; President - Worldwide Exploration and Production | Senior Management | 2014 | 63 |
| Jonathan C. Stein | Chief Risk Officer; Senior Vice President - Strategy and Planning | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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