(HES) Hess - Ratings and Ratios

Hess Corporation (NYSE:HES) is an independent energy exploration and production company with operations spanning multiple regions, including the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. The company operates through two primary segments: Exploration and Production (E&P) and Midstream. Its E&P activities focus on offshore Guyana, where it has made significant discoveries in the Stabroek Block, as well as the U.S. Gulf of Mexico and offshore Suriname. Hess is also active in the Midstream sector, providing services such as natural gas gathering, compression, and processing, as well as crude oil transportation and storage. Additionally, the company offers water handling services in the Bakken Shale region of North Dakota, a key area for onshore oil production in the U.S. Hess Corporation was founded in 1920 and is headquartered in New York, New York.

The companys Midstream operations are heavily concentrated in the Bakken Shale, where it owns and operates infrastructure for natural gas liquids (NGLs) and crude oil. Hess also participates in the fractionation of NGLs, propane storage, and terminaling services. Its global portfolio includes both conventional and unconventional resources, with a strategic focus on high-return assets. Hess has established itself as a major player in Guyanas emerging oil industry, with multiple developments underway in the Stabroek Block, including the Liza and Payara fields. The companys balanced portfolio, combining onshore and offshore assets, positions it to capitalize on both short-term opportunities and long-term growth in the energy sector.