Hess Corp. (N:HES)

Business Focus: Oil & Gas Refining and Marketing

Sector:  Energy Industry:  Oil & Gas Refining and Marketing
 
See Regulatory Filings on SEC
Company Contact
Address: 1185 AVENUE OF THE AMERICAS
NEW YORK NY 10036
Tel: 1-212-5368940
Website: www.hess.com
IR: See website
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Key People
James H. Quigley
Chairman of the Board
John B. Hess
Chief Executive Officer, Director
John P. Rielly
Senior Vice President, Chief Financial Officer
Gregory P. Hill
Executive Vice President, Chief Operating Officer, President - Exploration and Production
Timothy B. Goodell
Senior Vice President, General Counsel
Andrew P. Slentz
Senior Vice President - Human Resources
Barbara Lowery-Yilmaz
Senior Vice President - Exploration
Brian D. Truelove
Senior Vice President - Global Services and Offshore
Michael R. Turner
Senior Vice President - Global Production and Onshore
Business Overview
Hess Corporation is an exploration and production company. The Company is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids (NGL) and natural gas. The Company's segments include Exploration and Production, and Bakken Midstream. Its Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, NGLs and natural gas with production operations primarily in the United States, Denmark, the Malaysia/Thailand Joint Development Area (JDA), Malaysia and Norway. The Bakken Midstream segment provides fee-based services, including crude oil and natural gas gathering, processing of natural gas and the fractionation of NGLs, transportation of crude oil by rail car, terminaling and loading crude oil and NGLs, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota.
Financial Overview
For the fiscal year ended 31 December 2018, Hess Corp. revenues increased 17% to $6.43B. Net loss applicable to common stockholders decreased 92% to $328M. Revenues reflect Other, net increase from $25M to $108M. Lower net loss reflects Impairment decrease from $4.2B (expense) to $0K, Depreciation, depletion and amortization decrease of 35% to $1.88B (expense). Dividend per share remained flat at $1.00.
Employees: 2,075 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $21,704M as of Dec 31, 2018
Annual revenue (TTM): $6,434M as of Dec 31, 2018
EBITDA (TTM): $2,523M as of Dec 31, 2018
Net annual income (TTM): -$328.00M as of Dec 31, 2018
Free cash flow (TTM): -$503.00M as of Dec 31, 2018
Net Debt Last Fiscal Year: $3,978M as of Dec 31, 2018
Shares outstanding: 296,828,136 as of Dec 31, 2018
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization