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)
Website
hess.com
Hess Corporation was founded in 1919 and is headquartered in New York, US

Key People/Management 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, Jersey and in 4 other locations
New York, US (HQ)
1185 6th Ave
Houston, US
1501 McKinney St
Kuala Lumpur, MY
Level 14, Menara 3 Petronas
Show all (7)

Hess Corporation Financials and Metrics

Hess Corporation Financials

Hess Corporation's revenue was reported to be $4.8 b in FY, 2016
USD

Revenue (Q2, 2017)

1.2 b

Gross profit (Q2, 2017)

841 m

Gross profit margin (Q2, 2017), %

69%

Net income (Q2, 2017)

(417 m)

Market capitalization (13-Dec-2017)

13.9 b

Cash (30-Jun-2017)

2.5 b

EV

18 b
Hess Corporation's current market capitalization is $13.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

24.4 b11.4 b6.6 b4.8 b

Revenue growth, %

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

Cost of goods sold

2 b1.9 b

Gross profit

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

Revenue

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

Cost of goods sold

503 m508 m436 m455 m421 m359 m375 m

Gross profit

1.5 b1.2 b537 m769 m756 m918 m841 m

Gross profit Margin, %

74%70%55%63%64%72%69%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.8 b2.4 b2.7 b2.7 b

Inventories

954 m527 m399 m323 m

Current Assets

8.6 b6.7 b4.4 b4.3 b

PP&E

28.8 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

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

Inventories

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

PP&E

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

Cash From Operating Activities

1.2 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

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

Depreciation and Amortization

1 b988 m868 m797 m811 m737 m
USDY, 2017

Revenue/Employee

527.8 k

Financial Leverage

1.8 x
Show all financial metrics

Hess Corporation Operating Metrics

Y, 2016

Oil Production Volume, barrels per day

330 k
Show all operating metrics

Hess Corporation Market Value History

Hess Corporation Median Salaries

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

Hess Corporation's Web-traffic and Trends

Hess Corporation Online and Social Media Presence

Hess Corporation Company Life and Culture

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