Latest Hess Corp News

Chevron warns that its $53B acquisition of Hess Corp. may be in jeopardy over key asset in Guyana

Feb. 27, 2024 14:42 PM EST

Chevron warned Monday that its pending $53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an oil field off the coast of the South American nation Guyana. ...

Hess: Q4 Earnings Snapshot

Jan. 31, 2024 07:45 AM EST

NEW YORK (AP) — NEW YORK (AP) — Hess Corp. (HES) on Wednesday reported fourth-quarter profit of $413 million. The New York-based company said it had profit of $1.34 per share. Earnings, adjusted for non-recurring costs, came to $1.63 per share. The results exceeded...