About the Company
Hess Corporation (formerly Amerada Hess Corporation) is an American global independent energy company involved in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968. Leon Hess was CEO from the early 1960s through 1995, after which his son John B Hess succeeded him as chairman and CEO. The company agreed to be acquired by rival oil company Chevron in October 2023, and the acquisition closed in July 2025. Headquartered in New York City, the company ranked 394th in the 2016 annual ranking of Fortune 500 corporations. In 2020, the Forbes Global 2000 ranked Hess as the 1,253rd largest public company in the world. The company had exploration and production operations on-shore in the United States (North Dakota) and Libya; and off-shore in the United States (Gulf of Mexico), Canada, South America (Guyana and Suriname) and Southeast Asia (Malaysia and the Joint Development Area of Malaysia and Thailand).
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest News on HESS CORP
Demystifying Hess Midstream: Insights From 4 Analyst Reviews
Analysts have recently evaluated Hess Midstream and provided 12-month price targets. The average target is $47.25, ...
Chevron to Merge Hess Exploration Team With Its Own, CEO Says
Chevron Corp. plans to merge Hess Corp.’s exploration team with its own to challenge “conventional thinking” and make new discoveries, Chief Executive Officer Mike Wirth in an interview on Bloomberg ...
Chevron to merge Hess exploration team with its own to spur new ideas - Bloomberg
Chevron (NYSE:CVX) plans to merge the Hess exploration team with its own to "challenge some of our conventional thinking" and ...
Hess Midstream LP price target raised to $46 from $44 at JPMorgan
JPMorgan analyst Jeremy Tonet raised the firm’s price target on Hess Midstream LP (HESM) to $46 from $44 and keeps a Neutral rating on the shares.
Talos Energy hires former Marathon Oil exec as CFO, another exec from Hess
The latest leadership changes at a local energy company include scooping up former executives of Marathon Oil Corp. and Hess ...
Chevron buys Hess for $53 billion, 2nd buyout among major producers ...
Chevron is buying Hess Corp. for $53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors, Chevron said in a press release Monday, Oct. 23, 2023.
Hess Corporation Is One Of The Most Undervalued Energy Companies
Hess Corporation (HES) has an impressive portfolio of assets, particularly in Guyana, and incredible growth and long-term return potential.
Chevron tells Hess staff to focus on safety as they await job updates
Chevron leaders told Hess employees to stay focused on safe operations and that they will hear next week if they will continue to have jobs following the oil producer's acquisition, according to two ...
Hess Corporation And An Acquisition That Might Not Close
Hess Corporation is currently being acquired by Chevron, and based on share price, the market still thinks the acquisition will close. However, at minimum, the acquisition is being delayed.
Hess Corp. stock outperforms market on strong trading day
Shares of Hess Corp. HES advanced 2.61% to $157.89 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.03% ...
Hess Corp. to cut 300 jobs - Chron
The oil and gas company Hess Corp. said it will lay off about 300 employees or 13 percent of its workforce this year as it labors to sell assets, slim down operations and post its first quarterly ...
Hess Corp sees higher capital spending, production in 2022
Hess Corp said on Tuesday it expects a 37% jump in capital spending for exploration and production this year, as the oil company looks to focus on operations in Guyana and the U.S. Bakken shale basin.
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