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    Hess Corp (HES)

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    Chevron Corporation is a global energy company engaged in extensive business activities across various countries, including the United States, Angola, Argentina, and Australia. The company operates through two main segments: Upstream and Downstream, focusing on exploring, developing, producing, and transporting crude oil and natural gas, as well as refining crude oil into petroleum products and marketing them . Chevron is also involved in new energy ventures, emphasizing hydrogen, carbon capture and storage, and renewable fuels to support sustainable energy solutions .

    1. Upstream - Engages in exploring, developing, producing, and transporting crude oil and natural gas, including activities related to liquefied natural gas (LNG) and gas-to-liquids plants.
    2. Downstream - Focuses on refining crude oil into petroleum products, marketing crude oil, refined products, and lubricants, and manufacturing and marketing renewable fuels and petrochemicals.
    NamePositionExternal RolesShort Bio

    John B. Hess

    ExecutiveBoard

    CEO

    To join Chevron Board upon merger closure

    CEO since 1995, with over 45 years in the oil and gas industry. Has led Hess Corporation's growth into a leading global independent energy company.

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    Andrew Slentz

    Executive

    SVP, Human Resources and Office Management

    N/A

    Joined Hess in 2016, previously EVP of Administration and HR at Peabody Energy.

    Barbara Lowery-Yilmaz

    Executive

    SVP and Chief Exploration Officer

    N/A

    Joined Hess in 2014, instrumental in exploration successes in Guyana.

    Gerbert Schoonman

    Executive

    SVP, Global Production

    N/A

    Joined Hess in 2011, with prior experience at Royal Dutch Shell.

    Gregory P. Hill

    Executive

    President and COO

    N/A

    President and COO since 2014, instrumental in exploration and production success in Guyana.

    John P. Rielly

    Executive

    EVP and CFO

    N/A

    CFO since 2004, with prior experience as a partner at Ernst & Young, LLP.

    Richard Lynch

    Executive

    SVP, Technology and Services

    N/A

    Joined Hess in 2014, with over 30 years of experience in well delivery and operations.

    Timothy B. Goodell

    Executive

    EVP, General Counsel, Corporate Secretary, CCO

    N/A

    Joined Hess in 2009, previously a partner at White & Case, LLP for 25 years.

    David McManus

    Board

    Independent Director

    Director at FLEX LNG Limited and Genel Energy plc

    Decades of experience in upstream oil and gas operations, serving on Compensation and EHS Committees.

    Dr. Kevin O. Meyers

    Board

    Independent Director

    Director at Precision Drilling Corporation

    Over 40 years in E&P, former SVP of E&P for the Americas at ConocoPhillips, chairs the EHS Committee.

    Edith E. Holiday

    Board

    Independent Director

    Director or Trustee of various Franklin Templeton funds

    First woman to serve as General Counsel of the U.S. Treasury Department, brings policy and government relations expertise.

    James H. Quigley

    Board

    Independent Chair of the Board

    Former Director at Wells Fargo & Company and Merrimack Pharmaceuticals Inc.

    Former CEO of Deloitte, Touche Tohmatsu Limited, brings extensive global management experience.

    Karyn F. Ovelmen

    Board

    Independent Director

    EVP and CFO at Newmont Corporation; Director at ArcelorMittal S.A.

    Over 25 years of financial experience, providing insights into financial risks and opportunities.

    Leonard S. Coleman Jr.

    Board

    Independent Director

    Director at Omnicom Group Inc. and Santander Consumer USA Holdings Inc.

    Former President of the National League of MLB, brings senior management experience and public sector expertise.

    Lisa Glatch

    Board

    Independent Director

    Director at Fluor Corporation and Xylem Inc.

    Expertise in sustainability and energy policy, with leadership roles in gas infrastructure and next-gen energy technologies.

    Marc S. Lipschultz

    Board

    Independent Director

    Co-CEO and Director of Blue Owl Capital Inc.

    Extensive experience in energy, infrastructure, and financial risk management, Chair of the Compensation and Management Development Committee.

    Raymond J. McGuire

    Board

    Independent Director

    President of Lazard Ltd.; Board Member at Vornado Realty Trust

    Over 35 years in finance and corporate strategy, former Vice Chairman of Citigroup.

    Terrence J. Checki

    Board

    Independent Director

    Director or Trustee of various Franklin Templeton funds

    Former EVP at the Federal Reserve Bank of New York, expertise in economic matters and public policy.

    William G. Schrader

    Board

    Independent Director

    N/A

    Brings deep operational expertise in international E&P activities, serving on Audit and EHS Committees.

    1. "Could you elaborate on how you're adjusting the design tolerances of your FPSOs to maximize production, and what impact this will have on future production uplift and potential risks? "
    2. "The second quarter showed better-than-expected production in the Gulf of Mexico; is this improvement sustainable, or were there factors like deferred maintenance that might affect future quarters? "
    3. "With increasing free cash flow from Guyana, how do you plan to balance further investments with shareholder returns, and can we expect a significant change in your return of capital strategy in the near term? "
    4. "Given the expected growth in oil production, particularly from Guyana, how do you intend to adjust your hedging strategy moving forward, and what percentage of future production do you plan to hedge? "
    5. "Are there any non-operated projects in the Gulf of Mexico that you are involved in which could materially impact your production or reserves, and can you provide more details about these opportunities? "
    Program DetailsProgram 1
    Approval DateMarch 1, 2023
    End Date/DurationN/A
    Total additional amount$1 billion
    Remaining authorization amount$1 billion
    DetailsPart of Hess's strategy to return capital to shareholders as the portfolio becomes increasingly free cash flow positive.
    YearAmount Due (Millions)Debt TypeInterest Rate (%)% of Total Debt
    202420Current Portion of Long-Term DebtN/A0.2% = (20 / 8,596) * 100
    2029600HESM Opco 6.500% Fixed-Rate Senior Unsecured Notes6.5007.0% = (600 / 8,596) * 100
    Total8,596All Outstanding DebtN/A100% = (8,596 / 8,596) * 100
    NameStart DateEnd DateReason for Change
    Ernst & Young LLP1971 PresentCurrent auditor

    No recent press releases or 8-K filings found for HES.