Hess Corporation

NYSE:HES Stock Report

Market Cap: US$44.9b

Hess Management

Management criteria checks 3/4

Hess' CEO is John Hess, appointed in May 1995, has a tenure of 29.5 years. total yearly compensation is $16.75M, comprised of 9% salary and 91% bonuses, including company stock and options. directly owns 7.2% of the company’s shares, worth $3.23B. The average tenure of the management team and the board of directors is 10.5 years and 11 years respectively.

Key information

John Hess

Chief executive officer

US$16.8m

Total compensation

CEO salary percentage9.0%
CEO tenure29.5yrs
CEO ownership7.2%
Management average tenure10.5yrs
Board average tenure11yrs

Recent management updates

Recent updates

Hess Corporation: Time Value Clock Is Ticking While Management Remains Silent

Oct 07

Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet

Oct 01
Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet

Hess Corporation: Manifesting The Time Value Of Money

Aug 01

Hess Chevron Merger - Detailed Insight Into The ICC Arbitration Process And Its Impact

Jun 24

Hess' (NYSE:HES) Dividend Will Be $0.4375

May 29
Hess' (NYSE:HES) Dividend Will Be $0.4375

Hess Corporation: An Attractive Risk/Reward Prospect On Merger Drama (Rating Upgrade)

May 25

Hess Corporation: What Has Changed

May 16

Hess Corporation And An Acquisition That Might Not Close

Apr 14

Hess: Why No Acquisition Premium Is Already A Premium

Feb 13

The Hess Merger Is Likely Going Through, Why Buying The Stock Still Makes Sense

Dec 29

Hess-Chevron: How We Are Playing The Deal With Venezuela Laying Claim To Stabroek Block

Dec 08

CEO John Hess Sells 90-Year Old Hess Corporation To Chevron

Oct 23

The Return Trends At Hess (NYSE:HES) Look Promising

Oct 20
The Return Trends At Hess (NYSE:HES) Look Promising

Hess Corporation: Time To Buy The Dip

Sep 25

Hess Corporation: Accelerated Cash Flow Growth

Aug 01

With EPS Growth And More, Hess (NYSE:HES) Makes An Interesting Case

Jul 06
With EPS Growth And More, Hess (NYSE:HES) Makes An Interesting Case

These 4 Measures Indicate That Hess (NYSE:HES) Is Using Debt Reasonably Well

Jun 22
These 4 Measures Indicate That Hess (NYSE:HES) Is Using Debt Reasonably Well

Hess Corporation: Guyana Production More Than Triples

May 30

Shareholders Would Enjoy A Repeat Of Hess' (NYSE:HES) Recent Growth In Returns

May 29
Shareholders Would Enjoy A Repeat Of Hess' (NYSE:HES) Recent Growth In Returns

Estimating The Fair Value Of Hess Corporation (NYSE:HES)

May 16
Estimating The Fair Value Of Hess Corporation (NYSE:HES)

Is Now The Time To Put Hess (NYSE:HES) On Your Watchlist?

Mar 20
Is Now The Time To Put Hess (NYSE:HES) On Your Watchlist?

The Trend Of High Returns At Hess (NYSE:HES) Has Us Very Interested

Feb 24
The Trend Of High Returns At Hess (NYSE:HES) Has Us Very Interested

Hess Corporation: Bring On That Cash Flow

Feb 09

Earnings Not Telling The Story For Hess Corporation (NYSE:HES)

Feb 09
Earnings Not Telling The Story For Hess Corporation (NYSE:HES)

Hess Non-GAAP EPS of $2.03 beats by $0.39, revenue of $3.05B beats by $220M

Jan 25

Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet

Jan 25
Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet

Hess Corporation Is An Expensive Stock With Strong Potential

Jan 09

CEO Compensation Analysis

How has John Hess's remuneration changed compared to Hess's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$3b

Jun 30 2024n/an/a

US$3b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$17mUS$2m

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$2b

Dec 31 2022US$14mUS$2m

US$2b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$724m

Dec 31 2021US$12mUS$2m

US$559m

Sep 30 2021n/an/a

US$197m

Jun 30 2021n/an/a

-US$161m

Mar 31 2021n/an/a

-US$408m

Dec 31 2020US$11mUS$2m

-US$3b

Sep 30 2020n/an/a

-US$3b

Jun 30 2020n/an/a

-US$3b

Mar 31 2020n/an/a

-US$3b

Dec 31 2019US$13mUS$2m

-US$412m

Sep 30 2019n/an/a

-US$206m

Jun 30 2019n/an/a

-US$47m

Mar 31 2019n/an/a

-US$183m

Dec 31 2018US$13mUS$2m

-US$328m

Sep 30 2018n/an/a

-US$3b

Jun 30 2018n/an/a

-US$4b

Mar 31 2018n/an/a

-US$4b

Dec 31 2017US$15mUS$2m

-US$4b

Compensation vs Market: John's total compensation ($USD16.75M) is above average for companies of similar size in the US market ($USD12.74M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Hess (70 yo)

29.5yrs

Tenure

US$16,750,203

Compensation

Mr. John B. Hess is Independent Director of The Goldman Sachs Group, Inc. from June 24, 2024. He has been the Chief Executive Officer at Hess Corporation since May 3, 1995. Mr. Hess has been the Chairman o...

Leadership Team

NamePositionTenureCompensationOwnership
John Hess
CEO & Director29.5yrsUS$16.75m7.2%
$ 3.2b
John Rielly
Executive VP & CFO20.6yrsUS$5.52m0.11%
$ 49.7m
Gregory Hill
COO and President of Exploration & Production10.8yrsUS$10.79m0.020%
$ 9.2m
Timothy Goodell
Executive VP15.8yrsUS$5.30m0.053%
$ 23.7m
Barbara Lowery-Yilmaz
Senior VP & Chief Exploration Officer10.3yrsUS$4.07m0.044%
$ 19.5m
Richard Lynch
Senior Vice President of Technology & Services6.8yrsno data0.014%
$ 6.2m
Jay Wilson
Vice President of Investor Relations21.3yrsno datano data
Lorrie Hecker
Vice President of Communications7.3yrsno datano data
Andrew Slentz
Senior Vice President of Human Resources & Office Management8.6yrsno data0.014%
$ 6.1m
Jonathan Stein
Senior VP7.8yrsno datano data
Geurt Schoonman
Senior Vice President of Global Production4.8yrsno data0.0080%
$ 3.6m
Eric Fishman
VP & Treasurer11.2yrsno datano data

10.5yrs

Average Tenure

64.5yo

Average Age

Experienced Management: HES's management team is seasoned and experienced (10.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Hess
CEO & Director46.8yrsUS$16.75m7.2%
$ 3.2b
Marc Lipschultz
Independent Director7.9yrsUS$345.29k0.0067%
$ 3.0m
Edith Holiday
Independent Director31.8yrsUS$344.98k0.021%
$ 9.3m
Leonard Coleman
Independent Director8.2yrsUS$343.01k0.0061%
$ 2.7m
Kevin Meyers
Independent Director11.5yrsUS$384.12k0.012%
$ 5.4m
Lisa Glatch
Independent Director2.6yrsUS$358.03k0.0012%
$ 538.9k
David McManus
Independent Director11.5yrsUS$342.48k0.013%
$ 5.9m
Raymond McGuire
Independent Director2.8yrsUS$331.53k0.0015%
$ 664.6k
Karyn Ovelmen
Independent Director4yrsUS$386.64k0.0025%
$ 1.1m
Terrence Checki
Independent Director10.5yrsUS$377.48k0.010%
$ 4.5m
William Schrader
Independent Director11.5yrsUS$357.58k0.011%
$ 4.8m
James Quigley
Independent Chairman11.5yrsUS$563.53k0.0065%
$ 2.9m

11.0yrs

Average Tenure

70yo

Average Age

Experienced Board: HES's board of directors are seasoned and experienced ( 11 years average tenure).