Hess Corporation

The Hess Corporation (formerly Amerada Hess) is an American integrated oil company headquartered in New York City, and a Fortune 100 corporation. The company explores, produces, transports, and refines crude oil and natural gas. Refined petroleum products, as well as natural gas and electricity, are marketed to customers throughout the East Coast of the United States. Although towered over in size by enormous global players in the same industry, Hess placed #75 in the 2013 Fortune 500 rankings. In 2014, Hess sold its gas station network to Marathon Petroleum in order to focus on exploration and production, reducing its headcount from 12,225 employees to 6,045 employees. By 2015, they were all converted to the Marathon-owned Speedway brand.

The company has exploration and production operations in the United States, United Kingdom, Norway, Denmark, Russia, Equatorial Guinea, Algeria, Libya, Gabon, Egypt, Ghana, the Joint Development Area of Malaysia and Thailand, Indonesia, Thailand, Azerbaijan, Australia, Brazil, and St. Lucia. Hess is also active in the financial markets, through the Hess Energy Trading Company (HETCO), its trading arm.