Company
Hess Corporation
Headquarters: New York, NY, United States
Founded: December 11, 1919
Employees: 1,545
CEO: Mr. John B. Hess
Market Cap
$45.97 Billion
USD as of July 1, 2024
Hess Corporation Categories
United States Energy Oil & Gas E&PUnited States Energy United States Oil & Gas E&P
Top Competitors by Market Capitalization
Industry: Oil & Gas E&P
| Company | Market Cap (USD) |
|---|---|
| CNOOC | $147.94 B |
| ConocoPhillips | $133.63 B |
| Canadian Natural Resources Limited | $76.28 B |
| EOG Resources, Inc. | $71.80 B |
| Mitsui & Co. Ltd | $71.17 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $1.809 T |
| ExxonMobil | $514.81 B |
| Chevron | $282.20 B |
| PetroChina | $257.67 B |
| Shell | $230.97 B |
Detailed 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.
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Stocks & Indices
Hess Corporation has the following listings and related stock indices.
Stock: NYSE: HES wb_incandescent
Stock: Bovespa: H1ES34 wb_incandescent
Stock: FSX: AHC wb_incandescent
Stock: XETR: AHC wb_incandescent
Product & Services
Crude oil Petrochemicals Natural gas Propane
Key People
Founder(s): Leon Hess
John B. Hess (CEO)
Financials
Revenue: US$4.667 billion (2020)
Operating income: US$−393 million (2020)
Net income: US$−3.093 billion (2020)
Total assets: US$18.821 billion (2020)
Total equity: US$6.335 billion (2020) (2020)