 | |
| Formerly | Amerada Hess Corporation |
|---|---|
| Company type | Public |
| NYSE: HES S&P 500 component | |
| Industry | Oil and gas |
| Founded | December 11, 1919 |
| Founder | Leon Hess |
| Headquarters | 1185 6th Avenue, 40th Floor, New York City, New York , United States |
Area served | Worldwide |
Key people | John B. Hess (CEO) |
| Products | |
| Revenue |  US$11.3 billion[1] (2022) |
| US$3.79 billion[1] (2022) | |
| US$2.09 billion[1] (2022) | |
| Total assets | US$21.7 billion[1] (2022) |
| Total equity | US$7.86 billion[1] (2022) |
| Owner | John B. Hess (9.5%)[2] |
Number of employees | 1,623[1] (2022) |
| Website | hess |
Hess Corporation (formerly Amerada Hess Corporation) is an American global independent energy company involved in the exploration and production of crude oil and natural gas.[3] It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968. Leon Hess was CEO from the early 1960s through 1995, after which his son John B Hess succeeded him as chairman and CEO.[4] The company has agreed to be acquired by rival oil company Chevron.[5]
Headquartered in New York City, the company ranked 394th in the 2016 annual ranking of Fortune 500 corporations.[6] In 2020, Forbes Global 2000 ranked Hess as the 1,253rd largest public company in the world.[7]
The company has exploration and production operations on-shore in the United States (North Dakota) and Libya; and off-shore in the United States (Gulf of Mexico), Canada, South America (Guyana and Suriname) and Southeast Asia (Malaysia and the Joint Development Area of Malaysia and Thailand).[8]
- ^ a b c d e f "Hess Corporation 2022 Annual Report". U.S. Securities and Exchange Commission. 24 February 2023.
- ^ "2023 Proxy statement". U.S. Securities and Exchange Commission. 6 April 2023.
- ^ "Hess Corporation – A Leading Energy Company". www.hess.com. Retrieved 2 April 2018.
- ^ Eskenazi, Gerald (1999-05-08). "Leon Hess, Who Built a Major Oil Company and Owned the Jets, Is Dead at 85 (Published 1999)". The New York Times. ISSN 0362-4331. Retrieved 2021-01-21.
- ^ "Chevron to buy Hess Corp for $53 billion in all-stock deal". Reuters. Retrieved 2024-02-19.
- ^ "Fortune 500 Companies 2017: Who Made the List". Fortune. Retrieved 2 April 2018.
- ^ "Forbes Global 2000". Forbes. Retrieved 31 October 2020.
- ^ "Hess Corporation – Hess Operations Map". www.hess.com. Retrieved 2 April 2018.