Hess Corp.
Market Trends
Compare performance against other stocks, ETF's and the broader marketSubscribe to Access
See how Hess Corp. performs against the S&P 500, top energy ETF's and the biggest energy companies
- USO
- UCO
- BOIL
- UNG
- DBO
- XOM
- CVX
- COP
- SLB
- EOG
- DJIA
- S&P 500
- QQQ
About
Hess is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. We are a leading shale oil and gas producer, a leader in deepwater development and production and a focused, high impact explorer. Our high-graded, focused portfolio includes offshore Guyana, deepwater Gulf of Mexico, the Bakken shale in North Dakota and Malaysia. Formerly Amerada Hess Corp.
Editor's note: Updated July 16, 2019.
Transactions
Hess Completes Libya Asset Sale to TotalEnergies, ConocoPhillips
Hess Completes Libya Asset Sale to TotalEnergies, ConocoPhillips
Hess Completes Libya Asset Sale to TotalEnergies, ConocoPhillips
Hess Completes Libya Asset Sale to TotalEnergies, ConocoPhillips
INEOS Acquires Hess Upstream Business in Denmark for $150 Million
INEOS Acquires Hess Upstream Business in Denmark for $150 Million
Hess Grows Offshore Guyana Holdings Through Farm-in Deal
Hess Grows Offshore Guyana Holdings Through Farm-in Deal
Hess Sells Bakken Acreage in $312 Million Deal to Enerplus
Hess Sells Bakken Acreage in $312 Million Deal to Enerplus
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
Subscribe to Access
Instantly unlock over 15 years of A&D transactions and financing data.
New Financings
Purchased $500 million of common stock through an accelerated stock repurchase program and $500 million…
Hess Corp. will redeem all of its 8.125% notes due February 15, 2019, of which $349.6 million aggregate…
Concurrent with common share offering, priced public offering of 10 million depositary shares at $50 each…
Priced public offering of 25 million common shares priced at $39 each. Underwriters will have a monthlong…
Plans to offer 5.6% senior notes due 2041 to fund the acquisition of Total SA's 7.85% interest in…
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
Subscribe to Access
Instantly unlock over 15 years of A&D transactions and financing data.
News
Deepwater Roundup 2024: Americas
The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
Exxon Ups Mammoth Offshore Guyana Production by Another 100,000 bbl/d
Exxon Mobil, which took a final investment decision on its Whiptail development on April 12, now estimates its six offshore Guyana projects will average gross production of 1.3 MMbbl/d by 2027.
Exxon Mobil Green-lights $12.7B Whiptail Project Offshore Guyana
Exxon Mobil’s sixth development in the Stabroek Block will add 250,000 bbl/d capacity when it starts production in 2027.
Pitts: Heavyweight Battle Brewing Between US Supermajors in South America
Exxon Mobil took the first swing in defense of its right of first refusal for Hess' interest in Guyana's Stabroek Block, but Chevron isn't backing down.
Exclusive: Sabine CEO says 'Anything's Possible' on Haynesville M&A
Sabine Oil & Gas CEO Carl Isaac said it will be interesting to see what transpires with Chevron’s 72,000-net-acre Haynesville property that the company may sell.
Chord, Enerplus’ $4B Deal Clears Antitrust Hurdle Amid FTC Scrutiny
Chord Energy and Enerplus Corp.’s $4 billion deal is moving forward as deals by Chesapeake, Exxon Mobil and Chevron experience delays from the Federal Trade Commission’s requests for more information.
Chesapeake-Southwestern Deal Delayed Amid Feds Scrutiny of E&P M&A
The Federal Trade Commission asked Chesapeake and Southwestern for more information about their $7.4 billion merger — triggering an automatic 30-day waiting period as the agency intensifies scrutiny of E&P deals.
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
Analysts, SLB Execs See Stability in $7.7B ChampionX Deal
The acquisition of ChampionX vaults SLB’s chemical production business to No. 1 globally and orients SLB's business toward resource recovery that is less tied to price volatility.
Hess Pushes Shareholders to Vote in Favor of $53B Chevron Merger
Hess Corp.’s board is unanimously recommending its shareholders vote in favor of the proposed $53 billion all-stock merger with Chevron Corp., according to Chevron’s March 28 Securities and Exchange Commission filing.
Petrobras to Step Up Exploration with $7.5B in Capex, CEO Says
Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.
ConocoPhillips CEO Ryan Lance: Upstream M&A Wave ‘Not Done’ Yet
Dealmaking in the upstream oil and gas industry totaled $234 billion in 2023. The trend shows no signs of slowing, ConocoPhillips CEO Ryan Lance said at the CERAWeek by S&P Global conference.
EIA: E&P Dealmaking Activity Soars to $234 Billion in ‘23
Oil and gas E&Ps spent a collective $234 billion on corporate M&A and asset acquisitions in 2023, the most in more than a decade, the U.S. Energy Information Administration reported.
Chevron CEO Talks Guyana M&A, Exxon Dispute
Chevron Corp. CEO Mike Wirth said during CERAWeek by S&P Global that California’s company’s plan to acquire Hess Corporation, and specifically its 30% interest in the Guyana offshore Stabroek Block, was an important deal as well as good one.
CERAWeek: Exxon Mobil CEO Says Not Trying to Acquire Hess
CEO Darren Woods said Exxon Mobil is trying to secure preemption rights over Hess Corp.'s Guyana assets in its dispute with Chevron, not buy the company itself.