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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.
Hess reported strong financial performance in its latest earnings release, driven by production increases in key assets despite facing challenging market conditions.
Hess showed robust production growth in its latest earnings, but profitability fell as oil prices dropped.
HES earnings call for the period ending September 30, 2021.
HES earnings call for the period ending June 30, 2021.
HES earnings call for the period ending March 31, 2021.
HES earnings call for the period ending December 31, 2020.
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