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]

Core Viewpoint - Hess Corporation (HES) is expected to report first-quarter 2025 results on April 30, with adjusted earnings per share anticipated to decline significantly compared to the previous year [1][2]. Financial Performance - In the last reported quarter, HES achieved adjusted earnings of $1.76 per share, surpassing the Zacks Consensus Estimate of $1.51, driven by increased oil equivalent production volumes and reduced costs [1]. - The Zacks Consensus Estimate for first-quarter earnings per share is $1.77, reflecting a nearly 44% decrease from the prior-year figure [1]. - The estimated revenue for the first quarter is $2.9 billion, indicating a 13.2% decline from the year-ago recorded figure [2]. Market Conditions - Average WTI spot prices for January, February, and March were $75.74, $71.53, and $68.24 per barrel, respectively, suggesting a favorable pricing environment for HES' upstream operations [3]. - However, the pricing scenario was more favorable in the prior-year period, which is likely to contribute to a projected 1.1% year-over-year decline in total daily oil equivalent production volumes for HES in the first quarter of 2025 [4]. Earnings Expectations - Current analysis indicates that HES is not expected to beat earnings estimates this reporting cycle, as it has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [5]. - In contrast, other companies such as APA Corporation and Devon Energy are expected to post earnings beats, with respective Earnings ESPs of +4.65% and +1.71% [6][7].

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].

In late 2023, Chevron (CVX 1.98%) made a bold move by agreeing to acquire Hess (HES 2.38%) for $53 billion. The transaction will enhance and extend the company's production and free cash flow growth outlook into the next decade. However, that deal hasn't closed yet because of a dispute with rival ExxonMobil (XOM 1.54%) over its lucrative partnership with Hess in offshore Guyana. The oil giants are battling in court over the deal. Chevron is so confident it will win that it recently bought about 5% of Hess' ...

Core Viewpoint - Hess Corporation reported better-than-expected fourth-quarter earnings, driven by increased production volumes despite lower crude and natural gas prices [2][3]. Financial Performance - Adjusted EPS for Q4 2024 was $1.76, exceeding the Zacks Consensus Estimate of $1.51, remaining flat year-over-year [2]. - Total quarterly revenues rose to $3,225 million from $3,035 million year-over-year, surpassing the Zacks Consensus Estimate of $3,032 million [2]. Production and Costs - Exploration and Production segment reported adjusted earnings of $529 million, slightly down from $531 million a year ago, impacted by lower realized prices [4]. - Hydrocarbon production increased to 495 MBoe/d from 418 MBoe/d year-over-year, primarily due to higher output in Guyana and Bakken [4]. - Crude oil production rose to 315 MBbls/d from 244 MBbls/d year-over-year, exceeding estimates [5]. - Operating expenses totaled $532 million, up from $473 million a year ago, with exploration expenses increasing to $139 million from $87 million [8]. Pricing Trends - Worldwide crude oil realization per barrel decreased to $72.10 from $78.95 year-over-year, while natural gas prices fell to $4.10 per Mcf from $4.51 [6]. Financial Position - Net cash provided by operating activities was $1,312 million, with capital expenditures for exploration and production at $1,677 million [9]. - As of December 31, 2024, cash and cash equivalents stood at $1,171 million, with long-term debt at $8,555 million [10]. Future Outlook - For Q1 2025, Hess expects net production of 465-475 MBoe/d and forecasts total capital and exploratory expenditure of $4.5 billion for 2025 [11]. - Recent estimates have shown a 9.52% upward revision trend, indicating positive market sentiment [12].