Hess Corp (HES)
Energy • Basic Materials
May 14, 2025 Hess Corporation Declares Regular Quarterly Dividend Hess Corporation has declared a quarterly dividend of 50 cents per share, payable on June 30, 2025, to shareholders on record by June 16. This reflects the company's ongoing commitment to shareholder value and operational success.
May 08, 2025 Hess Corporation Reports Mixed Results in Q1 2025 Amid Ongoing Merger with Chevron Hess Corporation reported a significant earnings decline in Q1 2025, attributed to lower oil prices and sales volumes. Despite these challenges, the company remains focused on its merger with Chevron and ongoing operational improvements in key regions, including Guyana and North Dakota.
April 30, 2025 Hess Corporation Reports First Quarter 2025 Results: A Decrease in Net Income Amid Lower Oil Prices Hess Corporation's Q1 2025 results reveal a significant decline in net income to $430 million, driven by lower oil prices and reduced sales volumes. Despite stable production levels, the company anticipates rising operating costs and continues to focus on strategic initiatives amid market fluctuations.
April 10, 2025 Hess Corporation Schedules Earnings Release Amid Acquisition Talks Hess Corporation has announced its Q1 earnings release date for April 30, 2025, amid its acquisition by Chevron. The company will not hold a conference call following the earnings report, which is crucial for investors assessing the acquisition's impact on both companies.
March 25, 2025 Hess Corporation and Partners Extend Groundbreaking Healthcare Initiative in Guyana Guyana's healthcare initiative, launched in 2022, has been extended for five more years with a focus on establishing a national cancer center and modernizing health services. The collaboration between Hess Corporation, Mount Sinai Health System, and the government aims to improve public health across the nation by 2030.
March 05, 2025 Hess Corporation Declares Regular Quarterly Dividend Hess Corporation has declared a quarterly dividend of 50 cents per share, payable on March 31, 2025. This decision highlights the company's financial stability and commitment to shareholder value amidst market fluctuations.
February 27, 2025 Hess Corporation Reports Strong Growth in 2024 Annual Report Amid Merger with Chevron Hess Corporation's 2024 annual report reveals a significant rise in net income to $2.769 billion, driven by increased production and favorable market conditions. The anticipated merger with Chevron is set to enhance Hess's strategic position in the energy sector.
February 15, 2025 SWOT Analysis of Hess Corp in 2025 This SWOT analysis of Hess Corporation highlights its strong global presence and strategic merger with Chevron as key strengths. However, challenges such as market volatility and legal issues pose significant threats. Opportunities in renewable energy and expansion in Guyana could enhance Hess's growth.
November 06, 2024 Hess Corporation Reports Q3 2024 Financial Results Hess Corporation reported a net income of $498 million for Q3 2024, despite rising revenues of $3.19 billion. The company experienced increased production, particularly in North Dakota and Guyana, while navigating challenges including impairment charges. Looking ahead, Hess anticipates continued growth in production and operational efficiency.
August 08, 2024 Hess Corporation Reports Robust Q2 2024 Earnings: A Turnaround Story Hess Corporation reported a remarkable net income of $757 million for Q2 2024, reflecting a significant recovery driven by increased production and improved pricing. The company's E&P segment led the growth, while a strategic merger with Chevron is set to enhance its market position. Looking forward, Hess anticipates continued strong performance in the upcoming quarters.
May 07, 2024 Hess Corporation Reports Strong Q1 2024 Results Hess Corporation's Q1 2024 report reveals a net income of $972 million, a significant rise from the previous year, driven by increased production in key regions. The company is well-positioned for future growth with an upcoming merger with Chevron and substantial liquidity.