Hess Announces Regular Quarterly Dividend On Common Stock

3/6/24 4:15:00 PM ET

Integrated oil Companies

Energy

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The Board of Directors of Hess Corporation (NYSE:HES) today declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on March 28, 2024 to holders of record at the close of business on March 18, 2024.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240306235168/en/

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Recent Analyst Ratings for
$HES

Date	Price Target	Rating	Analyst
9/30/2024	$150.00	Peer Perform → Outperform	Wolfe Research
7/18/2024		Peer Perform	Wolfe Research
11/7/2023	$171.00	Hold → Buy	Argus
11/2/2023	$189.00 → $166.00	Outperform → Mkt Perform	Bernstein
4/19/2023	$184.00	Buy	UBS
1/27/2023	$161.00 → $170.00	Buy → Neutral	Goldman
1/12/2023	$181.00	Peer Perform → Outperform	Wolfe Research
1/10/2023	$150.00 → $164.00	Buy → Neutral	Mizuho

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Press Releases

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Hess to Participate in Wolfe Research Oil & Gas Conference
Hess Corporation (NYSE:HES) announced today that John Hess, Chief Executive Officer, will participate in a Keynote Fireside Chat at the Wolfe Research Oil & Gas Conference Wednesday, November 20 at 7:50 a.m. Eastern Time. A live audio webcast and a replay of the discussion will be accessible via Hess Corporation's website. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at https://www.hess.com/. Cautionary Statements This presentation may contain projections and other forward-looking statements within the meaning of Section 27A of the Securities A
11/19/24 2:50:00 PM ET
$HES
Integrated oil Companies
Energy
Hess Reports Estimated Results for the Third Quarter of 2024
Third Quarter Financial and Operational Highlights: In September, the Corporation announced a 14% increase in its quarterly dividend, to $0.50 per share ($2.00 per share annualized) Net income was $498 million, or $1.62 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023 Adjusted net income1 was $660 million, or $2.14 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023 E&P oil and gas net production was 461,000 barrels of oil equivalent per day (boepd), up 17% from 395,000 boepd in the third quarter of 2023 Bakken net produ
10/30/24 7:30:00 AM ET
$HES
Integrated oil Companies
Energy
Hess Schedules Earnings Release Date
Hess Corporation (NYSE:HES) announced today that on Wednesday, October 30 it will issue its third quarter earnings press release and post supplemental earnings information on its website at www.hess.com. The company will not hold a conference call due to the definitive agreement announced on October 23, 2023 for Hess to be acquired by Chevron, subject to the agreement's closing conditions. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at https://www.hess.com/. Forward-looking Statements Certain statements in this release may constitute "forward-look
10/2/24 2:30:00 PM ET
$HES
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Energy

$HES
Financials

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Hess Reports Estimated Results for the Third Quarter of 2024
Third Quarter Financial and Operational Highlights: In September, the Corporation announced a 14% increase in its quarterly dividend, to $0.50 per share ($2.00 per share annualized) Net income was $498 million, or $1.62 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023 Adjusted net income1 was $660 million, or $2.14 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023 E&P oil and gas net production was 461,000 barrels of oil equivalent per day (boepd), up 17% from 395,000 boepd in the third quarter of 2023 Bakken net produ
10/30/24 7:30:00 AM ET
$HES
Integrated oil Companies
Energy
Hess Schedules Earnings Release Date
Hess Corporation (NYSE:HES) announced today that on Wednesday, October 30 it will issue its third quarter earnings press release and post supplemental earnings information on its website at www.hess.com. The company will not hold a conference call due to the definitive agreement announced on October 23, 2023 for Hess to be acquired by Chevron, subject to the agreement's closing conditions. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at https://www.hess.com/. Forward-looking Statements Certain statements in this release may constitute "forward-look
10/2/24 2:30:00 PM ET
$HES
Integrated oil Companies
Energy
Hess Announces Increased Regular Quarterly Dividend On Common Stock
The Board of Directors of Hess Corporation (NYSE:HES) today declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on September 30, 2024 to holders of record at the close of business on September 16, 2024. The dividend represents an approximate 14% increase compared to the dividend for the second quarter of 2024, which equals a 25 cent increase per share on an annualized basis. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com. View source version on businesswire.com: https://www.
9/4/24 4:38:00 PM ET
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Integrated oil Companies
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Leadership Updates

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Large Ring Energy, Inc. Shareholders Encouraged that Ring Energy Has Followed Recommendations and are Starting to Deliver Shareholder Value
HOUSTON, April 1, 2021 /PRNewswire/ -- American Resources, Inc., and SK Energy LLC, the investment vehicle of Dr. Simon Kukes, one of the largest shareholders of Ring Energy, Inc. (NYSE: REI), announced today that we are generally encouraged by Ring Energy's actions over the past year which follows the guidance laid out in our March 2, 2020 letter to the Board of Directors of Ring Energy, which provided explicit recommendations to strengthen the Company in the near-term such as: Reconstitute the Board of Directors to address entrenchment, inter-relation among directors, and lack of fresh perspective and opinion on the Board Consolidate office locations and management to a central location
4/1/21 9:00:00 AM ET
$HES
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Energy
Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on December 30, 2020, to holders of record at the close of business on December 15, 2020. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com.
12/2/20 4:15:00 PM ET
$HES
Integrated oil Companies
Energy
Large Ring Energy, Inc. Shareholders Concerned with Qualifications and Compensation of CEO and Call for all Shareholders to Withhold Votes on all Directors.
HOUSTON, Dec. 2, 2020 /PRNewswire/ -- American Resources, Inc., and SK Energy LLC, the investment vehicle of Dr. Simon Kukes, one of the largest shareholders of Ring Energy, Inc. (NYSE: REI), announced today that they are very concerned with certain actions of the Board of Directors of Ring Energy. As a result of those concerns, SK Energy and American Resources urge all shareholders to withhold votes on all members of Ring Energy's Board of Directors in the upcoming election. The Ring Energy Board of Directors appears to have made a mistake by offering employment to a CEO whose previous performance in similar roles does not instill confidence in his ability to make Ring Energy successful
12/2/20 4:02:00 PM ET
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Integrated oil Companies

Hess Announces Regular Quarterly Dividend On Common Stock

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Recent Analyst Ratings for $HES

$HES Press Releases

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Hess to Participate in Wolfe Research Oil & Gas Conference

Hess Reports Estimated Results for the Third Quarter of 2024

Hess Schedules Earnings Release Date

$HES Financials

Live finance-specific insights

Hess Reports Estimated Results for the Third Quarter of 2024

Hess Schedules Earnings Release Date

Hess Announces Increased Regular Quarterly Dividend On Common Stock

$HES Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Senior Vice President Lynch Richard D. gifted 4,766 shares, decreasing direct ownership by 11% to 37,468 units (SEC Form 4)

Senior Vice President Slentz Andrew P gifted 1,500 shares, decreasing direct ownership by 3% to 41,477 units (SEC Form 4)

Senior Vice President Schoonman Geurt G sold $851,460 worth of shares (6,000 units at $141.91) and covered exercise/tax liability with 2,880 shares, decreasing direct ownership by 26% to 24,701 units (SEC Form 4)

$HES Market Insights

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Susquehanna Maintains Neutral on Hess, Lowers Price Target to $166

Hess shares are trading lower following a report suggesting that the FTC is probing the company over OPEC communications.

FTC Probes Hess, Occidental Executives Over OPEC Communications; US Antitrust Agency Seeks Signs Of Price, Supply Coordination

$HES Leadership Updates

Live Leadership Updates

Large Ring Energy, Inc. Shareholders Encouraged that Ring Energy Has Followed Recommendations and are Starting to Deliver Shareholder Value