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Formerly | Amerada Hess Corporation |
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Company type | Public |
NYSE: HES S&P 500 component | |
Industry | Oil and gas |
Founded | December 11, 1919 |
Founder | Leon Hess |
Headquarters | 1185 6th Avenue, 40th Floor, , |
Area served | Worldwide |
Key people | John B. Hess (CEO) |
Products | |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owner | John B. Hess (9.5%)[2] |
Number of employees | 1,623[1] (2022) |
Website | hess |
Hess Corporation (formerly Amerada Hess Corporation) was an American global independent energy company involved in the exploration and production of crude oil and natural gas.[3] It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968. Leon Hess was CEO from the early 1960s through 1995, after which his son John B Hess succeeded him as chairman and CEO.[4] The company has agreed to be acquired by rival oil company Chevron.[5]
Headquartered in New York City, the company ranked 394th in the 2016 annual ranking of Fortune 500 corporations.[6] In 2020, Forbes Global 2000 ranked Hess as the 1,253rd largest public company in the world.[7]
The company has exploration and production operations on-shore in the United States (North Dakota) and Libya, and off-shore in the United States (Gulf of Mexico), Canada, South America (Guyana and Suriname), and Southeast Asia (Malaysia and the Joint Development Area of Malaysia and Thailand).[8]