Hess Corp (HES)

Hess Corporation (NYSEHES) today reported net income of $542 million, or $1.76 per share, in the fourth quarter of 2024, compared with net income of $413 million, or $1.34 per share, in the fourth quarter of 2023. On an adjusted basis, the Corporation reported net income of $501 million, or $1.63 per share, in the fourth quarter of 2023. The increase in adjusted after-tax earnings compared with the prior-year quarter primarily reflects higher production volumes, partially offset by lower realized selling prices and higher exploration expenses in the fourth quarter of 2024.

Hess Corporation (NYSEHES) has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the 15th consecutive year and for the third time has been included in the Dow Jones Sustainability World Index (DJSI World), which highlights global sustainability leaders identified by S&P Global through its Corporate Sustainability Assessment. Only the most sustainable companies are considered each year for DJSI membership. This year, Hess is the only North American oil and gas producer listed on DJSI World and one of only four oil and gas companies included in DJSI North America.

Hess Corporation (NYSEHES) announced today that on Wednesday, January 29 it will issue its fourth quarter earnings press release and post supplemental earnings information on its website at www.hess.com.

Hess Corporation (NYSEHES) announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the Goldman Sachs Energy, CleanTech and Utilities Conference on January 7, 2025 at 11:00 a.m. Eastern Time.

Hess Corporation (NYSEHES) has achieved the highest rating – now called “Level 5” – for the fifth consecutive year in the Transition Pathway Initiative (TPI) 2024 Management Quality assessment. For 2024, Hess is the only U.S. oil and gas company to achieve a Level 5 rating. TPI rates more than 2,000 companies in their management of greenhouse gas emissions and the strategic risks and opportunities of a low carbon economy in line with other disclosure frameworks including CDP, the Global Reporting Initiative, the Climate Action 100+ Initiative, and the Task Force on Climate-related Financial Disclosures recommendations. Details of Hess’ scores are available here.

The Board of Directors of Hess Corporation (NYSEHES) today declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on December 31, 2024 to holders of record at the close of business on December 16, 2024.

Hess Corporation (NYSEHES) announced today that John Hess, Chief Executive Officer, will participate in a Keynote Fireside Chat at the Wolfe Research Oil & Gas Conference Wednesday, November 20 at 7:50 a.m. Eastern Time.

Hess Corporation (NYSEHES) today reported net income of $498 million, or $1.62 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023. On an adjusted basis, the Corporation reported net income of $660 million, or $2.14 per share, in the third quarter of 2024. The increase in adjusted after-tax earnings compared with the prior-year quarter primarily reflects higher production volumes, partially offset by lower realized selling prices in the third quarter of 2024.

Earnings season is in full swing today, with the energy sector reporting some of the biggest names and how their quarters did ahead of potential rallies.

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A strong jobs report and a temporary settlement of the port strike lifted stocks but inflation and earnings data could set investors up for more volatility

After the FTC approval of its merger with Hess, Chevron stock may look attractive to value-hunting investors prior to the company’s earnings report

The energy sector is rebounding sharply due to escalating tensions in the Middle East, with oil prices surging as fears of supply disruptions rise.

Hess Corporation (NYSEHES) announced today that on Wednesday, October 30 it will issue its third quarter earnings press release and post supplemental earnings information on its website at www.hess.com.

Hess Corporation (NYSEHES) today announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction.

Chevron Corporation (NYSECVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation NYSE: HESNYSEHES)

The Board of Directors of Hess Corporation (NYSEHES) today declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on September 30, 2024 to holders of record at the close of business on September 16, 2024. The dividend represents an approximate 14% increase compared to the dividend for the second quarter of 2024, which equals a 25 cent increase per share on an annualized basis.

Chevron stock is falling after a mixed earnings report that showed earnings coming in lighter due to lower refining margins and natural gas prices

Hess Corporation (NYSEHES) today reported net income of $757 million, or $2.46 per share, in the second quarter of 2024, compared with net income of $119 million, or $0.39 per share, in the second quarter of 2023. On an adjusted basis, the Corporation reported net income of $809 million, or $2.62 per share in the second quarter of 2024, compared with $201 million or $0.65 per share, in the prior-year quarter. The increase in adjusted after-tax earnings compared with the prior-year quarter primarily reflects higher production volumes and realized selling prices in the second quarter of 2024.

Exxon Mobil and Chevron are both excellent long-term investments, but with expectations of higher oil prices, one stocks looks to be a better short-term buy

Hess Corporation (NYSEHES) announced today that on Wednesday, July 31, it will issue its second quarter earnings press release and post supplemental earnings information on its website at www.hess.com.

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