| Type | Public |
| HQ | New York, US |
| Founded | 1919 |
| Size (employees) | 2,075 (est)-9% |
| Website | hess.com |
Hess was founded in 1919 and is headquartered in New York, US
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Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Hess
John B. Hess
CEO
Gregory P. Hill
Chief Operating Officer and President, Exploration & Production
Zhanna Golodryga
Senior Vice President, Services and Chief Information Officer
Timothy B. Goodell
Senior Vice President and General Counsel
Richard Lynch
Senior Vice President, Global Drilling, Completions and Development
Brian Truelove
Senior Vice President, Offshore
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Hess Office Locations
Hess has offices in Tioga, Minot, Steubenville, Tripoli and in 6 other locations
Houston, US (HQ)
1501 McKinney St
New York, US (HQ)
1185 6th Ave
Minot, US
20 3015 16th St SW
Steubenville, US
4525 Sunset Blvd
Tioga, US
10384 68th St NW
Copenhagen, DK
Ostergade 26B
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Hess Financials and Metrics
Hess Revenue
Hess's revenue was reported to be $5.47 b in FY, 2017
| USD | |
|---|---|
Revenue (Q3, 2018) | 1.8b |
Gross profit (Q3, 2018) | 1.5b |
Gross profit margin (Q3, 2018), % | 85.2% |
Net income (Q3, 2018) | 3.0m |
Market capitalization (14-Nov-2018) | 16.6b |
Closing stock price (14-Nov-2018) | 56.0 |
Cash (30-Sep-2018) | 3.0b |
EV | 20.3b |
Hess's current market capitalization is $16.6 b.
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 2.7b | 5.6b | 2.8b | 2.7b | 2.0b | 1.7b | 973.0m | 1.2b | 1.2b | 1.3b | 1.2b | 1.4b | 1.3b | 1.5b | 1.8b |
Cost of goods sold | 475.0m | 466.0m | 522.0m | 487.0m | 503.0m | 508.0m | 436.0m | 455.0m | 421.0m | 359.0m | 375.0m | 352.0m | 288.0m | 288.0m | 266.0m |
Gross profit | 2.2b | 5.1b | 2.3b | 2.3b | 1.5b | 1.2b | 537.0m | 769.0m | 756.0m | 918.0m | 841.0m | 1.0b | 1.1b | 1.2b | 1.5b |
Gross profit Margin, % | 82% | 92% | 82% | 82% | 74% | 70% | 55% | 63% | 64% | 72% | 69% | 74% | 79% | 81% | 85% |
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 321.0m | 1.3b | 2.2b | 4.1b | 1.5b | 931.0m | 3.0b | 3.6b | 3.1b | 3.5b | 2.7b | 2.5b | 2.5b | 3.7b | 2.9b | 3.0b |
Inventories | 695.0m | 1.1b | 842.0m | 817.0m | 546.0m | 569.0m | 535.0m | 416.0m | 377.0m | 403.0m | 377.0m | 376.0m | 372.0m | 239.0m | 231.0m | 263.0m |
Current Assets | 9.3b | 7.0b | 8.8b | 8.9b | 4.3b | 3.9b | 5.6b | 4.9b | 4.6b | 4.9b | 4.2b | 4.3b | 4.1b | 5.0b | 4.7b | 4.5b |
PP&E | 27.4b | 29.2b | 27.2b |
Annual
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 3.3b | 421.0m | 1.4b | 2.4b | (956.0m) | (1.2b) | (488.0m) | (861.0m) | (1.2b) | (296.0m) | (713.0m) | (1.3b) | (65.0m) | (152.0m) | (149.0m) |
Depreciation and Amortization | 2.0b | 752.0m | 1.5b | 2.3b | 2.0b | 3.0b | 868.0m | 1.7b | 2.5b | 737.0m | 1.5b | 2.2b | 417.0m | 861.0m | 1.4b |
Accounts Payable | (360.0m) | (197.0m) | (266.0m) | (115.0m) | (150.0m) | (189.0m) | (135.0m) | (64.0m) | (140.0m) | ||||||
Cash From Operating Activities | 3.3b | 1.2b | 2.1b | 3.4b | 1.1b | 1.4b | (60.0m) | 137.0m | 469.0m | 349.0m | 514.0m | 602.0m | 210.0m | 635.0m | 1.1b |
| USD | Y, 2018 |
|---|---|
EV/CFO | 19.2 x |
Debt/Equity | 0.6 x |
Debt/Assets | 0.3 x |
Financial Leverage | 1.9 x |
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Hess Online and Social Media Presence
7.44k Twitter followers
Hess has 7.44k Twitter Followers. The number of followers has increased 0.8% month over month and increased 2% quarter over quarter
9.93k Facebook likes
Hess has 9.93k Facebook Likes. The number of likes has increased 8.9% month over month and increased 20.4% quarter over quarter
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Hess News and Updates
October 31, 2018
Hess points to higher E&P budget for 2019
U.S. oil and gas producer Hess Corp
said on Wednesday its exploration and production budget
in 2019 would be closer to $3 billion.
October 31, 2018
Hess Corp posts first quarterly profit in about 4 years
U.S. oil and gas producer Hess Corp
posted its first quarterly profit since 2014 on
Wednesday, benefiting from a recovery in crude prices and a gain
of $280 million from the sale of some assets in the Permian
basin.
October 18, 2018
Crude Oil 2018 Global Market Key Players – Hess, ConocoPhillips, Noble Energy, Devon Energy, BP – Analysis and Forecast to 2023
WiseGuyRerports.com Presents “Global Crude Oil Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
October 01, 2018
Hess Announces Collector's Edition First Hess Truck, Now On Sale
NEW YORK, Oct. 1, 2018 /PRNewswire/ -- Hess Corporation today announced that the special limited Collector's Edition truck, commemorating Hess Corporation's 85th anniversary, is now on sale exclusively at www.hesstoytruck.com for $42.99 with free standard shipping and Energizer® batteries ...
September 27, 2018
Shale Oil Market 2018 Global Analysis By Key Players – Royal Dutch Shell, Exxon Mobil, BP, Continental Resources, Concho Resources, Hess corporation
WiseGuyReports.Com Publish a New Market Research Report On –“ Shale Oil Market 2018 Global Analysis By Key Players – Royal Dutch Shell, Exxon Mobil, BP, Continental Resources, Concho Resources, Hess corporation”. Posted via Industry Today. Follow us on Twitter @IndustryToday
September 25, 2018
U.S. oil producer Hess has no plans to sell remaining Asian assets: executive
SINGAPORE (Reuters) - U.S. oil producer Hess Corp has no intention to sell its assets in Asia as the region provides good, steady cash flow and a stable political environment, a senior company executive told Reuters on Tuesday.
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Hess Company Life and Culture
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Hess Frequently Asked Questions
When was Hess founded?
Hess was founded in 1919.
Who are Hess key executives?
Hess's key executives are John B. Hess, Gregory P. Hill and Zhanna Golodryga.
How many employees does Hess have?
Hess has 2,075 employees.
What is Hess revenue?
Latest Hess annual revenue is $5.5 b.
What is Hess revenue per employee?
Latest Hess revenue per employee is $2.6 m.
Who are Hess competitors?
Competitors of Hess include Marathon Oil, Noble Energy and Apache Corporation.
Where is Hess headquarters?
Hess headquarters is located at 1501 McKinney St, Houston.
Where are Hess offices?
Hess has offices in Tioga, Minot, Steubenville, Tripoli and in 6 other locations.
How many offices does Hess have?
Hess has 11 offices.