Hess Corporation

GPTKB entity

Statements (193)
Predicate Object
gptkbp:instance_of gptkb:oil_and_gas_industry
gptkb:Company
gptkb:Corporation
gptkbp:acquired Marathon Oil's Bakken assets
gptkbp:acquisition gptkb:Hess_Energy_Marketing_Company
gptkb:Hess_Canada_Holdings
gptkb:Hess_Energy_Holdings_LLC
gptkb:Hess_Energy_Trading_Company
gptkb:Hess_Exploration_and_Production_Company
gptkb:Hess_Infrastructure_Partners_LLC
gptkb:Hess_North_Sea_Limited
gptkb:Hess_Oil_and_Gas_Company
gptkb:Hess_Pipeline_Company
gptkb:AWE_Limited
gptkb:Apex_Oil_Company
gptkb:Hess_Retail_Holdings
gptkb:Hess_Energy_Corporation
gptkb:Hess_Oil_Company
gptkb:Hess_Midstream_Partners
gptkb:Hess_LNG
gptkb:Hess_Infrastructure_Partners
Marble Arch Resources
Marathon Oil's Bakken assets
Acquired by Amerada Hess Corporation in 2006
gptkbp:assets gptkb:Nature_Reserve
$10 billion (2022)
$20 billion (2022)
gptkbp:awards Best Places to Work
Innovation Awards
Safety Awards
Environmental Excellence Awards
Corporate Responsibility Awards
gptkbp:brand_recognition Recognized brand in the energy sector
gptkbp:ceo gptkb:John_B._Hess
since 2013
gptkbp:community_engagement Educational initiatives
Local development projects
local development projects
Health and safety programs
gptkbp:community_impact Support for local economies
gptkbp:community_involvement Community Health Programs
Cultural Programs
Disaster Relief Efforts
Health Initiatives
Youth Development Programs
Education Programs
Volunteer Programs
Economic Development Programs
Environmental Conservation Programs
Local Business Support Programs
gptkbp:community_partnerships educational initiatives
environmental conservation projects
gptkbp:dividend_yield quarterly payments
~1.5%
gptkbp:employees approximately 1,500
1,500 (2020)
1,500 (2022)
gptkbp:environmental_concerns safety and health standards
gptkbp:environmental_initiatives Sustainability programs
gptkbp:financial_performance net income
annual revenue
Consistent profitability
gptkbp:financial_reports Quarterly earnings reports
gptkbp:founded 1933
gptkbp:founded_in 1933
gptkbp:founder gptkb:Leon_Hess
gptkbp:future_plans Expand offshore drilling operations
gptkbp:global_presence Operations in multiple countries
gptkbp:governance gptkb:Board_of_Directors
executive compensation
Strong governance practices
gptkbp:has_brand Hess Toy Truck
gptkbp:has_conflict_with Preparedness for market fluctuations
gptkbp:has_culture Focus on safety and integrity
gptkbp:has_developed Oil exploration technologies
gptkbp:has_divestiture Sold retail business in 2014
gptkbp:has_exploration_project Offshore Guyana
gptkbp:has_financial_health Strong balance sheet
gptkbp:has_financial_strategy Focus on shareholder returns
gptkbp:has_geographic_focus gptkb:North_America
gptkbp:has_head_of_board gptkb:Chairman
gptkbp:has_historical_significance One of the largest independent oil companies in the US
gptkbp:has_part Retail segment
Exploration and Production segment
Midstream segment
gptkbp:has_partnerships_with gptkb:Chevron
Collaboration with academic institutions
Partnership with the government of Guyana
gptkbp:has_technology_investment Enhanced oil recovery techniques
gptkbp:headquarters gptkb:New_York_City
https://www.w3.org/2000/01/rdf-schema#label Hess Corporation
gptkbp:industry gptkb:Energy
Oil and Gas
Oil and gas
energy
Awards for safety and environmental performance
gptkbp:innovation Investment in new technologies
gptkbp:investment Renewable energy projects
stock buybacks
dividend increases
gptkbp:investment_strategy Focus on high-return projects
gptkbp:is_displayed_in gptkb:New_York_Stock_Exchange
gptkbp:is_explored_in gptkb:Gulf_of_Mexico
gptkb:North_Dakota
gptkb:Deepwater_Gulf_of_Mexico
Stabroek Block
Offshore Guyana
gptkbp:market Regular market assessments
gptkbp:market_cap approximately $20 billion
$20 billion (2023)
~$20 billion
gptkbp:market_position gptkb:North_America
gptkb:South_America
Significant presence in the US market
Leading independent oil producer.
gptkbp:marketing_strategy Diversification of energy portfolio
gptkbp:net_income $1.5 billion (2022)
gptkbp:notable_project gptkb:Stampede_Project
Liza Field Development
gptkbp:number_of_employees 1,500
~1,500
gptkbp:operates_in gptkb:Gulf_of_Mexico
gptkb:North_Dakota
gptkb:Guyana
Oil and gas industry
gptkbp:operations offshore drilling
international exploration
gptkbp:parent_company gptkb:Hess_Corporation_Holdings
gptkbp:partnership gptkb:Chevron
gptkb:Exxon_Mobil
Hess and Statoil
gptkbp:partnerships gptkb:Chevron
gptkb:Exxon_Mobil
gptkbp:production_location gptkb:Bakken_Formation
gptkbp:production_volume gptkb:none
~70,000 barrels per day
Over 300,000 barrels of oil per day
gptkbp:products gptkb:oil
gptkb:natural_gas
Natural gas
Crude oil
gptkbp:public_relations Engagement with stakeholders
gptkbp:region gptkb:New_Jersey
gptkb:North_Dakota
gptkb:United_States
gptkb:Guyana
gptkbp:regulatory_compliance environmental regulations
financial reporting standards
Adheres to environmental regulations
gptkbp:research_and_development energy technologies
gptkbp:revenue $6.5 billion (2022)
$6.5 billion (2020)
gptkbp:risk_management Comprehensive risk assessment processes
gptkbp:social_responsibility philanthropic contributions
Community support initiatives
employee volunteer programs
gptkbp:stakeholders Active communication with investors
gptkbp:stock_exchange gptkb:New_York_Stock_Exchange
gptkb:NYSE
gptkbp:stock_symbol HES
gptkbp:strategic_goals sustainable practices
cost reduction
growth in production
Increase production in Guyana
gptkbp:subsidiaries gptkb:Hess_Midstream_Partners_LP
gptkbp:subsidiary gptkb:Hess_Midstream_Partners
gptkb:Hess_Midstream_Partners_LP
gptkbp:supply_chain Integrated supply chain management
gptkbp:sustainability_efforts Reduce carbon emissions
gptkbp:sustainability_initiatives gptkb:Sustainable_Development_Goals_(SDGs)
Carbon Capture and Storage
Environmental Stewardship
Renewable Energy Projects
Carbon capture and storage
Water Management Programs
Community Engagement Programs
Environmental stewardship programs
Waste Management Programs
Renewable energy investments
Energy Efficiency Improvements
renewable energy investments
Biodiversity Programs
carbon capture
Greenhouse Gas Emissions Reduction
gptkbp:training safety training programs
technical skills development
Safety and operational training programs
gptkbp:uses_technology data analytics
digital transformation
gptkbp:website www.hess.com
gptkbp:bfsParent gptkb:oil_and_gas_industry
gptkb:Baker_Hughes
gptkbp:bfsLayer 4