US42809H1077 - Common Stock
HESS CORP
NYSE:HES (3/28/2024, 7:54:04 PM)
After market: 152.49 -0.15 (-0.1%)152.64
+2.09 (+1.39%)
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. The company is headquartered in New York City, New York and currently employs 1,623 full-time employees. The firm is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas with production operations located in the United States, Guyana, the Malaysia/Thailand Joint Development Area (JDA) and Malaysia. The firm operates through two segments: E&P and Midstream. The E&P operating segment explores for, develops, produces, purchases and sells crude oil, NGL and natural gas. The Midstream operating segment provides fee-based services, including gathering, compressing and processing natural gas and fractionating NGL; gathering, terminating, loading and transporting crude oil and NGL; storing and terminating propane, and water handling services primarily in the Bakken shale play of North Dakota. The company conducts exploration activities primarily offshore Guyana, in the United States Gulf of Mexico, and offshore Suriname and Canada.
HESS CORP
1185 Avenue of the Americas
New York City NEW YORK 10036
P: 12129978500
CEO: John B. Hess
Employees: 1623
Website: https://www.hess.com/
Exxon Mobil Corp. and Cnooc Ltd. merged arbitration claims against Chevron Corp.’s proposed takeover of Hess Corp. that would allow the US oil supermajor to enter Guyana’s Stabroek Block.
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Exxon Mobil Corp. is convinced its interpretation of intent in a Guyanese oil contract signed a decade ago will prevail in a landmark arbitration case against Chevron Corp.
Despite uncertainty around the Hess deal, the oil major looks like a good value.
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