Hess Corporation

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. We are a leading shale oil and gas producer, a leader in deepwater development and production, and a focused, high impact explorer. It 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.
Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1919
Size (employees)
2,304 (est)-16%
Website
hess.com
Hess Corporation was founded in 1919 and is headquartered in New York, US

Key People at Hess Corporation

John B. Hess

John B. Hess

Chief Executive Officer
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
Howard Paver

Howard Paver

Senior Vice President, Strategy, Commercial and New Business Development
Brian Truelove

Brian Truelove

Senior Vice President, Offshore
Michael R. Turner

Michael R. Turner

Senior Vice President, Onshore
Mykel Ziolo

Mykel Ziolo

Senior Vice President, Human Resources
John P. Rielly

John P. Rielly

Senior Vice President and Chief Financial Officer
William Rothe

William Rothe

CIO, Enterprise Systems
Ewen McRobbie

Ewen McRobbie

Director, Onshore IT
Andrew Slentz

Andrew Slentz

Senior Vice President, Global Human Resources

Hess Corporation Office Locations

Hess Corporation has offices in New York, Houston, Kuala Lumpur, and in 4 other locations
New York, US (HQ)
1185 6th Ave
Kuala Lumpur, MY
Level 14, Menara 3 Petronas
Houston, US
1501 McKinney St

Hess Corporation Metrics

Hess Corporation Financial Metrics

Revenue (2016)

$4.8 b

Revenue growth (2015-16), %

(27%)

Gross profit

$3 b

Gross profit margin (2016), %

61%

Net income (2016)

($6.1 b)

Market capitalization (21-Mar-2017)

$15.2 b

Closing share price (21-Mar-2017)

$48.3

Cash (31-Dec-2016)

$2.7 b
Hess Corporation's current market capitalization is $15.2 b.
Hess Corporation's revenue was reported to be $4.8 b in FY, 2016 which is a 27% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$24.4 b$11.4 b$6.6 b$4.8 b

Revenue growth, %

(53%)(42%)(27%)

Cost of goods sold

$2 b$1.9 b

Gross profit

$4.6 b$3 b

Gross profit Margin, %

69%61%

Operating expense total

$2.1 b$10.8 b$8.7 b

EBIT

$4.5 b

EBIT margin, %

18%

Interest expense

$341 m$338 m

Pre tax profit

($4.3 b)($3.9 b)

Income tax expense

($1.3 b)$2.2 b

Net Income

$5.2 b($3 b)($6.1 b)
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$1.8 b$2.4 b$2.7 b$2.7 b

Accounts Receivable

Inventories

$954 m$527 m$399 m$323 m

Current Assets

$8.6 b$6.7 b$4.4 b$4.3 b

PP&E

$28.8 b

Goodwill

$1.9 b$1.9 b$375 m$375 m

Total Assets

$42.8 b$38.6 b$34.2 b$28.6 b

Accounts Payable

$2.1 b$708 m$457 m$433 m

Current Liabilities

$6.6 b$4.9 b$2.6 b$2.3 b

Additional Paid-in Capital

$3.5 b$3.3 b$4.1 b$5.8 b

Retained Earnings

$21.2 b$20.1 b$16.6 b$10.1 b

Total Equity

$24.8 b$22.3 b$20.4 b$15.6 b

Financial Leverage

1.7 x1.7 x1.7 x1.8 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($3 b)($6.1 b)

Depreciation and Amortization

$4 b$3.2 b

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$1.2 b

Hess Corporation Operating Metrics

Y, 2016

Oil Production Volume, barrels per day

330 k

Hess Corporation Market Value History

Hess Corporation Job Categories

Hess Corporation Median Salaries

Source: 91 public H-1B filings from Hess Corporation

Hess Corporation Online Presence

Hess Corporation News

Hess Corporation Company Life

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