Hess Corp - Company Profile

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Hess Corp: Overview

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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.

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Headquarters United States of America
Address 40th Floor, 1185 Avenue Of The Americas, New York, 10036
Website www.hess.com
Telephone 1 212 9978500
No of Employees 1,756
Industry Energy and Utilities
Ticker Symbol & Exchange HES (NYSE)
Revenue (2022) $10.5B -7.2% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -34.1% (2022 vs 2021)
Market Cap* $47.2B
Net Profit Margin (2022) XYZ -29.0% (2022 vs 2021)
* As of and is in US$
View Hess Corp financials
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Hess Corp premium industry data and analytics

100+

Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

8

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

4

Petrochemical Plants

Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants.

5

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Hess Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Hess Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Crude Oil Transporting
Natural Gas Water handling
Natural Gas Liquids (NGL) Terminaling
XYZ
XYZ
XYZ
Understand Hess Corp portfolio and identify potential areas for collaboration Understand Hess Corp portfolio and identify potential areas for collaboration Find out more

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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
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
Gain insight into Hess Corp key executives to enhance your sales strategy Gain insight into Hess Corp key executives to enhance your sales strategy Find out more
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