Financial Performance - Hess Corporation reported first-quarter 2025 adjusted earnings per share (EPS) of $1.81, beating the Zacks Consensus Estimate of $1.77, but down from $3.16 in the same quarter last year [1] - Total quarterly revenues decreased to $2,938 million from $3,341 million year-over-year, although it surpassed the Zacks Consensus Estimate of $2,901 million [1] - Adjusted earnings from the exploration and production segment were $563 million, significantly down from $997 million a year ago due to lower realized crude oil prices [2] Production Metrics - Quarterly hydrocarbon production totaled 476 thousand barrels of oil equivalent per day (MBoe/d), flat year-over-year, and exceeded the estimate of 470.7 MBoe/d [2] - Crude oil production was 304 thousand barrels per day (MBbls/d), slightly down from 305 MBbls/d in the prior year, but above the estimate of 299.1 MBbls/d [3] - NGL production increased to 76 MBbls/d from 71 MBbls/d year-over-year, also beating the estimate of 72.7 MBbls/d [3] - Natural gas production decreased to 574 thousand cubic feet per day (Mcf/d) from 599 Mcf/d a year ago, missing the estimate of 593.2 Mcf/d [3] Pricing and Costs - Worldwide crude oil realization per barrel was $71.22, down from $80.06 in the previous year, while global natural gas prices rose to $4.89 per Mcf from $4.62 [4] - Average global NGL selling price increased to $24.08 per barrel from $22.97 year-over-year [4] - Operating expenses totaled $470 million, up from $412 million a year ago, exceeding the projection of $425.2 million [6] - Total costs and expenses increased to $2,157 million from $1,926 million in the prior-year period [6] Cash Flow and Debt - Net cash provided by operating activities was $1,401 million, with capital expenditure for exploration and production activities totaling $1,085 million [7] - As of March 31, 2025, the company had $1,324 million in cash and cash equivalents, while long-term debt stood at $8,654 million [7] Future Outlook - For the second quarter of 2025, Hess expects net production from the exploration and production business to be in the range of 480-490 thousand barrels of oil equivalent per day [9] - The fourth oil development in the Starbroek Block, Yellowtail, is expected to start up in the third quarter of 2025 [9] - The company forecasts total exploration and production capital and exploratory expenditure of $4.5 billion for the full year 2025 [9]

Hess (HES) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $3.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.26%. A quarter ago, it was expected that this oil and gas producer would post earnings of $1.51 per share when it actually produced earnings of $1.76, delivering a surprise of 16.56%.Over the last four quarters, the company ...

Supplemental Earnings Information First Quarter 2025 OPERATING RESULTS 1 Reported Net Income, Items Affecting Comparability and Adjusted Net Income by Operating Activity | $ In Millions, Except Per Share Data | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | | | 1Q | | 1Q | | 4Q | | | | 2025 | | 2024 | | 2024 | | Net Income Attributable to Hess Corporation (U S GAAP) . . | | | | | | | | and Production Exploration | $ | 434 | $ | 997 | $ | 529 | | Midstream | | 70 | | 67 | | 74 | | and Other Corpor ...

Exhibit 99.1 HESS CORPORATION HESS REPORTS ESTIMATED RESULTS FOR THE FIRST QUARTER OF 2025 Key Development: • The fourth and largest oil development on the Stabroek Block to date, Yellowtail, is on track to start up in the third quarter of 2025 with an initial gross production capacity of approximately 250,000 barrels of oil per day (bopd) utilizing the ONE GUYANA floating production, storage and offloading vessel (FPSO), which arrived offshore Guyana on April 15 th | | | | Three Months Ended March 31, | | ...

Core Points - The Oklahoma State University A&M Board of Regents appointed Dr. Jim Hess as the 20th president of Oklahoma State University, transitioning from his interim role to a three-year term [2][6] - Dr. Hess is recognized for his deep understanding of OSU's land-grant mission and his commitment to student success, which aligns with the university's goals [3][4] - His leadership is expected to enhance OSU's statewide impact through education, research, and agricultural leadership, contributing to Oklahoma's economy [3][5] Leadership and Vision - Dr. Hess has demonstrated immediate positive impact on the OSU community, addressing key issues and restoring connections among students, faculty, and staff [3][4] - His vision emphasizes that all university decisions should enhance education and the overall student experience, with a focus on strengthening the relationship between administration and faculty [4][5] - Dr. Hess's background in Oklahoma higher education spans four decades, providing him with a unique perspective as both a faculty member and administrator [5] Institutional Context - Oklahoma State University serves over 35,000 students across its five-campus system, with a significant number of students from all 50 states and over 127 nations [9] - The OSU/A&M Board of Regents governs multiple institutions, ensuring their growth and success through management and oversight [10]

Hess Corporation (HES) is set to report first-quarter 2025 results on April 30.In the last reported quarter, its adjusted earnings of $1.76 per share beat the Zacks Consensus Estimate of $1.51, primarily attributed to higher oil equivalent production volumes and decreased costs.Hess’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of almost 30%. This is depicted in the graph below:HES’ Estimate TrendThe Zacks Consensus Estimate for first-quart ...

Hess (HES) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 30. On the othe ...

Group 1 - The individual has nearly two decades of experience in the logistics sector and a decade in stock investing and macroeconomic analysis, focusing on ASEAN and NYSE/NASDAQ stocks, particularly in banks, telecommunications, logistics, and hotels [1] - Since 2014, the individual has been trading on the Philippine stock market, initially investing in blue-chip companies and later diversifying across various industries and market capitalizations [1] - The individual entered the US market in 2020, gaining insights through a relative's trading account before opening their own, and has been using analyses from Seeking Alpha to compare with the Philippine market [1]

Today, Hess (NYSE: HES ) is not just an industry pioneer , but a dramatically reformed player who has gone through a transformation from a vertically integrated oil giant with its own refineries and a network of fillingMy professional background spans multiple continents and includes experience in private banking, corporate finance, and strategic advisory. For several years, I developed and led a private banking department in Dubai, where I crafted tailored investment solutions to meet the unique needs of a ...

Core Viewpoint - The Government of Guyana, in collaboration with Mount Sinai Health System and Hess Corporation, has announced a five-year extension of a national healthcare initiative aimed at transforming the public health system to provide world-class healthcare services to all citizens of Guyana [1][5]. Group 1: Initiative Overview - The next phase of the healthcare initiative will include the establishment of a national cancer center, modernization of health facilities, and implementation of an advanced digital health system [1][7]. - The initiative builds on significant progress from the first phase, which included over 35,000 child health screenings and training programs for nearly 900 nursing assistants by 2025 [2][12]. Group 2: Funding and Leadership - The initiative will continue to be funded jointly by Hess Corporation and the Government of Guyana, led by the Arnhold Institute for Global Health and Mount Sinai International [3][4]. - Key leaders from Mount Sinai and Hess Corporation emphasized the importance of strategic partnerships and investments in achieving high-quality healthcare for all Guyanese [5][6]. Group 3: Key Focus Areas - The initiative will focus on six key pillars: 1. Establishing a national cancer center for screening and treatment of common cancers [7]. 2. Developing a National Women's and Children's Hospital to meet international quality standards [8]. 3. Transforming health systems to ensure access to health screenings and primary care for all [11]. 4. Implementing a national program for quality improvement across health services [11]. 5. Supporting the rollout of a national electronic health records system [11]. 6. Building capacity in the health workforce to meet critical needs [11]. Group 4: Achievements in the First Phase - Significant accomplishments from the first phase include comprehensive health screenings for over 35,000 children, the establishment of a state-of-the-art pathology lab, and the introduction of new clinical protocols for primary care services [12][9]. - The initiative has also seen improvements in patient safety and quality at the Georgetown Public Hospital Corporation, setting a model for national quality improvement [12].