Hess Corp - Company Profile
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Hess Corp (Hess), is a global independent energy company, which carries out the exploration and production of crude oil and natural gas. It offers fee-based services including gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids. The company also carries out the storage and terminaling of propane, essentially in the Bakken shale play of North Dakota. Besides strategically positioned integrated assets in the core of the Bakken shale in the US, the company has operations in Denmark, the Malaysia/Thailand Joint Development Area (JDA) and Malaysia. Hess is headquartered in New York, the US.
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 |
---|---|---|
2023 | Contracts/Agreements | In October, the company entered into an agreement to be acquired by Chevron Corporation. |
2023 | Others | In September, the company and ExxonMobil announced to exit the Kaieteur oil exploration block, offshore Guyana. |
2023 | Plans/Strategy | In August, the company along with CNOOC and Exxon Mobil Corporation announced their plans to allocate around US$12.93 billion to develop its sixth offshore oil project in Guyana. |
Competitor Comparison
Key Parameters | Hess Corp | Targa Resources Corp | Olin Corp | Marathon Oil Corp | Murphy 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 | Houston | Clayton | Houston | Houston |
State/Province | New York | Texas | Missouri | Texas | Texas |
No. of Employees | 1,756 | 3,182 | 7,326 | 1,681 | 725 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
John B. Hess | Chief Executive Officer | Senior Management | 1995 | 68 |
John P. Rielly | Executive Vice President; Chief Financial Officer | Senior Management | 2020 | 60 |
Gregory P. Hill | President - Worldwide Exploration and Production; Chief Operating Officer | Senior Management | 2014 | 61 |
Timothy B. Goodell | Chief Compliance Officer; General Counsel; Executive Vice President; Secretary | Senior Management | 2020 | 65 |
Barbara Lowery-Yilmaz | Senior Vice President - Exploration; Chief Exploration Officer | Senior Management | 2014 | 66 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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