Hess is an exploration and production company, which develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The Company is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane.
New York, US
Size (employees)
2,304 (est)
Hess was founded in 1919 and is headquartered in New York, US
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Key People/Management at Hess

John B. Hess

John B. Hess

Gregory P. Hill

Gregory P. Hill

Chief Operating Officer and President, Exploration & Production
Zhanna Golodryga

Zhanna Golodryga

Senior Vice President, Services and Chief Information Officer
Timothy B. Goodell

Timothy B. Goodell

Senior Vice President and General Counsel
Richard Lynch

Richard Lynch

Senior Vice President, Global Drilling, Completions and Development
Brian Truelove

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 $4.84 b in FY, 2016 which is a 27% decrease from the previous period.

Revenue (Q1, 2018)

1.3 b

Gross profit (Q1, 2018)

1.1 b

Gross profit margin (Q1, 2018), %


Net income (Q1, 2018)

(65 m)

Market capitalization (11-Jul-2018)

20.1 b

Closing share price (11-Jul-2018)


Cash (31-Mar-2018)

3.7 b


22.9 b
Hess's current market capitalization is $20.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


24.4 b11.4 b6.6 b4.8 b

Revenue growth, %


Cost of goods sold

2 b1.9 b

Gross profit

4.6 b3 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018


2 b1.7 b973 m1.2 b1.2 b1.3 b1.2 b1.3 b

Cost of goods sold

503 m508 m436 m455 m421 m359 m375 m288 m

Gross profit

1.5 b1.2 b537 m769 m756 m918 m841 m1.1 b

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


1.8 b2.4 b2.7 b2.7 b


954 m527 m399 m323 m

Current Assets

8.6 b6.7 b4.4 b4.3 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018


321 m1.3 b2.2 b4.1 b1.5 b931 m3 b3.6 b3.1 b3.5 b2.7 b2.5 b3.7 b


695 m1.1 b842 m817 m546 m569 m535 m416 m377 m403 m377 m376 m239 m

Current Assets

9.3 b7 b8.8 b8.9 b4.3 b3.9 b5.6 b4.9 b4.6 b4.9 b4.2 b4.3 b5 b


27.4 b29.2 b27.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(3 b)(6.1 b)

Depreciation and Amortization

4 b3.2 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

(567 m)(252 m)(488 m)(373 m)(317 m)(296 m)(65 m)

Depreciation and Amortization

1 b988 m868 m797 m811 m737 m417 m

Accounts Payable

(135 m)

Cash From Operating Activities

210 m
USDY, 2018


109 x


584.2 k

Financial Leverage

1.8 x
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Hess Operating Metrics

Y, 2016

Oil Production Volume, barrels per day

330 k
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Hess Online and Social Media Presence

Embed Graph
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Hess News and Updates

CNX Announces Agreement to Sell Ohio Utica Joint Venture Assets for $400 million

PITTSBURGH, June 29, 2018 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today announced that it has reached an agreement to sell its Ohio Utica joint venture ("JV") assets to Ascent Resources-Utica, LLC for net cash proceeds of approximately $400 milli...

Democrats Regret Not Fighting Harder For Obama’s Supreme Court Pick

They got steamrolled by Mitch McConnell. But they could have done more to prevent him from stealing the seat.

Elliott Management has hired a new executive from Citi, and it says a lot about where the $35 billion hedge fund is headed

Paul Singer's Elliott Management has hired Jean-Yves Magnan as deputy chief financial officer, according to people familiar with the matter.   Magnan, who was previously chief financial officer of Citi's cards division, started at the $35 billion hedge fund at the end of May.  Magnan's hiring show…

Men in Nursing Profession Earn More Than $6,000 More Annually Than Women

BROOKFIELD, Wis., June 18, 2018 /PRNewswire/ -- In a profession dominated by women, men in nursing earn more than $6,000 more a year than their female counterparts, according to a Nurse.com by OnCourse Learning survey of more than 4,500 nurses across the country. The Nursing Salary...
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Hess Company Life and Culture

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