NEW YORK - Hess Corporation (NYSE: NYSE:HES), an independent global energy company, has announced it will publish its fourth quarter earnings report on January 31. The earnings information will be made available on the company's website. This quarter, Hess will not conduct its usual earnings conference call. The decision comes in the wake of the company's pending acquisition by Chevron (NYSE:CVX), which was publicly agreed upon on October 23, 2023.
The acquisition by Chevron is currently awaiting approval from shareholders and regulators, and the completion of other standard closing conditions. This corporate move is significant as it involves two major players in the energy sector. Hess is widely recognized for its exploration and production of crude oil and natural gas.
The information for this article is based on a press release statement from Hess Corporation.
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