Hess

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hess reports robust performance in 2022, eyes growth in Guyana

Hess is well-positioned for growth with strong operational and financial performance, supported by a focus on sustainability and shareholder value.
Challenges include managing cost pressures and operational targets, but opportunities in Guyana and Bakken offer avenues for future growth and value creation.
The company's strategic approach to exploration, hedging, and shareholder returns reflects a balanced strategy aimed at long-term success and value creation.

Hess reports robust Q1 performance, eyes growth in exploration

Hess showcased strong operational performance and strategic focus on high-return growth areas.
Analysts probed on cost trends, exploration risks, and the company's financial resilience.
The company's partnership with Hess Midstream and exploration plans offer growth opportunities.
Overall, Hess's Q1 2023 earnings call highlighted a mix of performance, challenges, and growth prospects.

Hess reports strong operational performance and growth opportunities ahead

Hess showcased strong operational performance with production successes in key regions and strategic focus on profitable growth.
Despite financial challenges in Q2 2023, the company aims for industry-leading cash flow growth through 2027 and shareholder value enhancement.
Opportunities lie in Guyana FPSO developments, Pickerel discovery profitability, and Gulf of Mexico subsalt exploration advancements.
Challenges include lower earnings, energy transition gaps, operational optimizations, and maintaining cash flow in Southeast Asia.

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Chevron

It is the latest move by an U.S. oil major to solidify its hold on the oil sector using booming profit to buy up competition.

Chevron Bets On South America With $53 Billion Answer To ExxonMobil

Chevron (CVX) agreed to buy Hess (HES) for $53 billion in an all-stock deal, in the latest blockbuster oil agreement amid broader industry consolidation.

Chevron Buys Hess for $53 Billion in an All-Stock Deal

Chief executive John Hess said the deal adds oil fields in Guyana, including more than 11 billion barrels of oil equivalent.

Chevron Buying Hess For $53 Billion In Latest Major Oil Deal

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Mergers often happen over the weekend. Chevron and Hess announced plans to merge, following on the heels of ExxonMobil's acquisition of Pioneer Natural Resources.

The 2 Monday Mergers to Watch on Wall Street

Chevron said it is buying Houston-based Hess in the second U.S. upstream mega-deal in just two weeks.

Chevron Buys Hess As The U.S. Oil Merger Train Gains Steam

The deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion. Chevron is buying Hess Corp. for $53 billion—and it's not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

Chevron stock falls on news that it will buy Hess amid a surge in oil prices

If you want to be the last man standing when the oil patch runs dry, you have to spend some cash.

$53 Billion in Chevron Stock Is Enough to Acquire Hess

The all-stock deal is the latest sign of consolidation in an oil-and-gas industry flush with cash.

Chevron to Buy Hess for $53 Billion

Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and oil-rich Guyana.

VIEW Chevron to buy Hess Corp for $53 bln in all-stock deal

Chevron is buying Hess Corp. for $53 billion in another huge deal this month as the industry uses its windfall from surging oil prices.

Chevron Buys Hess As Oil Companies Use Big Profits To Buy Rivals

Chevron Corporation is acquiring rival Hess Corporation in a $53-billion all-stock transaction that it says will upgrade and diversify its portfolio.

Chevron to acquire Hess in $53 billion deal

Takeover puts Chevron head-to-head with ExxonMobile in oil-rich Guyana and US shale industry

Chevron to buy oil and gas producer Hess Corp in $53bn all-stock deal

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Hess Corporation (NYSE: HES) to Chevron Corporation for 1.0250 shares of Chevron for each Hess share is fair to Hess shareholders. Halper Sadeh encourages Hess shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether He.

HES STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Hess Corporation Is Fair to Shareholders

Chevron Corp plans to reward shareholders with further buybacks and higher dividends after unveiling the $53 billion acquisition of Hess.  The all-stock deal values each Hess share at $171 per share based and including debt, the enterprise value of the deal amounts to $60 billion.

Chevron plans higher dividends after buying Hess for $53 billion

Hess Corp. stock HES, -1.84% rose 3% to $167.48 after Chevron said it would buy the company for $53 billion, or $171 per share, in stock. Chevron stock CVX, -1.34% fell by 2%.

Hess stock climbs on $53 billion Chevron deal and other movers

Chevron Corporation CVX, -1.34% said Monday that it's reached a deal to buy Hess Corp. HES, -1.84% in an all-stock deal valued at $53 billion, or $171 per share, in stock. Chevron called Hess's Stabroek block in Guyana an “extraordinary asset,” and said Hess's Bakke assets add another U.S. shale position to Chevron, and that the combined company will grow production and free cash flow faster than Chevron's current five-year guidance.

Chevron to acquire Hess Corp. in $53 billion all-share deal

Chevron agrees to buy fellow oil company Hess in a deal valued at $60 billion, including debt.

Chevron to Buy Hess in $60 Billion Deal. Oil Mergers Are Surging.

Chevron Corp said on Monday it will acquire Hess Corp in a $53-billion all-stock deal.

Chevron to buy Hess Corp for $53 bln in stock

SAN RAMON, Calif. & NEW YORK--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron's closing price on October 20, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The total enterprise value, including d.

Chevron Announces Agreement to Acquire Hess

Hess (HES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Hess (HES): Time to Buy?

Favorable commodity prices and production are likely to have aided Hess' (HES) upstream activities in Q3.

Is a Beat in Store for Hess Corporation (HES) in Q3 Earnings?

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VANCOUVER, BC , Oct. 19, 2023 /PRNewswire/ - LiTHOS Energy Ltd. (the "Company" or "LiTHOS") (CSE: LITS) (OTCQB: LITSF) is pleased to announce that the Company's wholly owned subsidiary Reservoir Imaging Solutions ("RIS") finalized its non-audited December 31, 2022 year end financials and delivered C$1,187,412 (US$870,845) in revenue, C$268,823 ($197,154) of gross income, and a net profit of C$91,896 (US$67,396).

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Hess (HES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Hess (HES) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

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With earnings season kicking into high gear this week, there are sure to be plenty of surprises lurking beneath. The big banks' results were primarily positive, helping us start the cycle on the right foot.

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Does Hess (HES) have what it takes to be a top stock pick for momentum investors? Let's find out.

News for Hess Stock (HES)