Hess Corporation
Hess Corporation's Overview
Hess Corporation is a global independent energy company primarily engaged in the exploration and production of crude oil and natural gas. With a strategically focused portfolio, Hess holds significant positions in premier oil-producing regions, including offshore Guyana, the Bakken shale play in North Dakota, the deepwater Gulf of Mexico, and Southeast Asia (Malaysia). The company is recognized for its disciplined capital allocation, operational excellence, robust project pipeline, and commitment to environmental, social, and governance (ESG) principles. A major development for Hess is its pending acquisition by Chevron Corporation, announced in October 2023. This transaction aims to combine Hess's high-quality assets, particularly its substantial stake in the Stabroek Block offshore Guyana, with Chevron's global scale and capabilities, though it is subject to regulatory approvals and an ongoing arbitration case initiated by ExxonMobil concerning preemption rights in the Guyana asset.
Where is Hess Corporation's Headquarters?
HQ Function
Serves as the global corporate headquarters, overseeing strategic direction, financial management, investor relations, legal affairs, and worldwide operational coordination for Hess Corporation.
Notable Features:
Located in a prominent high-rise office building in Midtown Manhattan, providing modern facilities and a strategic presence in a major global financial and business hub.
Work Culture:
Hess fosters a work culture centered on performance, integrity, safety, social responsibility, and teamwork. There is an emphasis on innovation and continuous improvement in its energy operations.
HQ Significance:
The New York headquarters is pivotal for managing Hess's global asset portfolio, making key investment decisions, engaging with the international financial community, and guiding the company's long-term strategy and corporate governance.
Values Reflected in HQ: The headquarters' location and stature reflect Hess's position as a significant player in the global energy market, emphasizing strategic management, financial discipline, and corporate responsibility.
Location:
Hess Corporation maintains a focused global presence with core exploration and production activities in key regions. These include onshore operations in the Bakken shale play (USA), offshore operations in the Gulf of Mexico (USA), the prolific Stabroek Block (Guyana), and natural gas developments in the North Malay Basin (Malaysia). These geographically diverse operations are supported by corporate functions in New York and technical/operational hubs like Houston, enabling efficient management of its worldwide energy portfolio.
Street Address:
1185 Avenue of the Americas
City:
New York
State/Province:
New York
Country:
USA
Hess Corporation's Global Presence
Houston, Texas, USA
Address: 1501 McKinney Street, Houston, TX 77010
Serves as the primary hub for managing and supporting exploration, development, and production operations across the Americas.
Kuala Lumpur, Malaysia
Address: Level 20, The Troika, Tower B, 19 Persiaran KLCC, 50450 Kuala Lumpur
Functions as the regional headquarters for Hess's operations and business interests in Malaysia and the broader Southeast Asian region.
Georgetown, Guyana
Address: Courtyard, Ogle, East Coast Demerara, Guyana
Facilitates Hess's substantial investment and active participation in the rapidly expanding Guyanese oil and gas industry, working closely with the operator (ExxonMobil) and local authorities.
Buying Intent Signals for Hess Corporation
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Executive Team of Hess Corporation
As of April 2025, Hess Corporation' leadership includes:
Investors of Hess Corporation
Hess Corporation has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
Hess Corporation's senior executive team has exhibited notable stability over the past 12 months. Key leadership positions have remained consistent as the company focuses on its operational performance and navigates the pending acquisition by Chevron. No major C-suite or Executive Vice President level hires or departures have been publicly announced outside of standard succession planning or retirements that may occur over time. Any significant future changes would likely be communicated in conjunction with the Chevron integration process.
Technology (Tech Stack) used by Hess Corporation
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Hess Corporation Email Formats and Examples
Hess Corporation primarily uses the [first].[last]@hess.com email format for its employees. This is a common structure in large corporations for professional communication.
[first].[last]@hess.com
Format
john.smith@hess.com
Example
90%
Success rate
News and media
Reuters • May 28, 2024
Hess shareholders approve $53 billion Chevron merger
Hess Corp shareholders approved the company's $53 billion merger with Chevron, marking a significant step for the major U.S. oil industry deal. The approval overcomes one hurdle, though the transaction still requires U.S. regulatory clearance and faces a legal challenge from Exxon Mobil regarding Hess's assets in Guyana....more
Bloomberg Law • May 23, 2024
Exxon’s Arbitration Case Over Hess’s Guyana Stake to Go Public
Details of Exxon Mobil Corp.’s arbitration case, which asserts a right of first refusal over Hess Corp.’s significant assets in Guyana, are set to become largely public following a court order. This arbitration poses a potential obstacle to Chevron Corp.’s proposed $53 billion acquisition of Hess....more
Hess Corporation • April 25, 2024
Hess Reports Estimated Results for the First Quarter of 2024
Hess Corporation announced strong financial results for the first quarter of 2024, reporting net income of $972 million ($3.16 per share), a significant increase from $346 million ($1.13 per share) in Q1 2023. The performance was driven by robust production, particularly from its operations in Guyana....more
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