Hess Corporation
(HES)
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158.11 USD +0.71
Closed: 17 May, 3:55 pm
Symbol HES
Market Cap 48.7B
Price 158.11
Open 157.02
52-wk High 167.75
50 Day Avg 154.52
Earnings Announcement 2024-07-24
Website https://www.hess.com
Name Hess Corporation
Shares Outstanding 308,109,000
Change % 1.1516%
Low 156.02
52-wk Low 124.27
200 Day Avg 149.80
Last Dividend 1.75
Exchange NYSE
Volume 2,273,510
Previous Close 156.31
High 158.32
EPS 6.52
PE 24.25
Avg Volume 2,640,219
CUSIP 42809H107
Hess Corporation Outlook
Description Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. As of December 31, 2021, it had total proved reserves of 1,309 million barrels of oil equivalent. The company was incorporated in 1920 and is headquartered in New York, New York.
Currency USD
ISIN US42809H1077
Industry Oil & Gas Exploration & Production
Changes 1.80
CUSIP 42809H107
Range 124.27 - 167.75
Beta 1.25
CIK 0000004447

Hess Corporation News

16-May-2024 9:22 PM

Proxy adviser Glass Lewis urges Hess shareholders accept Chevron takeover offer

Hess shareholders should vote in favor of Chevron Corp's $53 billion offer at the company's May 28 special meeting, proxy adviser Glass Lewis said on Thursday.

15-May-2024 4:15 PM

Hess Announces Regular Quarterly Dividend On Common Stock

NEW YORK--(BUSINESS WIRE)--Hess Announces Regular Quarterly Dividend On Common Stock.

14-May-2024 1:24 PM

Merger Mayhem: FTC's Oil Sector Crackdown Puts These 3 Pending Deals at Risk

ExxonMobil (NYSE: XOM ) recently completed its $60 billion acquisition of Pioneer Natural Resources. The deal expands the oil and gas giant's presence in the oil-rich Permian basin.

13-May-2024 2:22 PM

ISS recommends Hess shareholders abstain from voting for merger with Chevron

Proxy advisory firm ISS recommended on Monday that Hess shareholders abstain from voting for Chevron's proposed $53 billion acquisition of Hess.

13-May-2024 11:09 AM

Chevron, Hess deal should be stopped, senate majority leader urges

Chevron Corporation (NYSE:CVX, ETR:CHV)'s US$53 billion takeover of Hess Corp (NYSE:HES) should be stopped over fears gas prices could be hiked, senator Chuck Shumer has urged. Schumer, who serves as senate majority leader, took to social media X to dispute the merger, which would see Chevron gain a larger footprint in the US and a stake in the Guyana discoveries held by rival Exxon Mobil.

13-May-2024 11:09 AM

Chevron, Hess deal should be stopped, senate majority leader urges

Chevron Corporation (NYSE:CVX, ETR:CHV)'s US$53 billion takeover of Hess Corp (NYSE:HES) should be stopped over fears gas prices could be hiked, senator Chuck Shumer has urged. Schumer, who serves as senate majority leader, took to social media X to dispute the merger, which would see Chevron gain a larger footprint in the US and a stake in the Guyana discoveries held by rival Exxon Mobil.

13-May-2024 9:11 AM

Why "Sell in May?" Instead, Buy These 5 Growth Stocks Now

As the stock market continues to scale upward, it's prudent to invest in growth stocks such as Agnico Eagle Mines (AEM), Abercrombie & Fitch (ANF), Amazon (AMZN), Alphabet (GOOGL) and Hess (HES).

12-May-2024 10:30 PM

Schumer urges FTC to hit the brakes on $53 billion Chevron-Hess merger

U.S Senate Majority Leader Chuck Schumer on Sunday urged the Federal Trade Commission to "pump the breaks" on Chevron Corp's proposed $53 billion acquisition of Hess Corp.

10-May-2024 6:19 PM

URGENT: The M&A Class Action Firm Encourages Shareholders of Hess Corp. to Take Action Before the Merger Vote on May 28, 2024 - HES

NEW YORK , May 10, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Hess Corp. (NYSE: HES), relating to its proposed sale to Chevron Corp. Under the terms of the agreement, HES shareholders will receive 1.0250 shares of Chevron per share they own.

09-May-2024 10:01 AM

Investors Heavily Search Hess Corporation (HES): Here is What You Need to Know

Zacks.com users have recently been watching Hess (HES) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

07-May-2024 7:30 PM

Hess contests claims of inadequate disclosures in Chevron deal

Oil producer Hess on Tuesday said it disputes claims in several shareholder letters and at least two lawsuits alleging inadequate disclosures over its proposed sale to Chevron.