Hess, Elliott reach deal on revamped board
8 days ago
Elliott, which has a 4.52 percent stake in New York-based Hess, has battled for spots on the company's board while pushing for drastic changes at the energy company.
Hess to split roles of CEO and chairman
14 days ago
Hess has accused the hedge fund of trying to disrupt progress it has already made in reshaping itself as a pure-play exploration and production company.
News Summary: Hess to exit retail business
81 days ago
UNDER PRESSURE: The moves come as investor Elliott Management, one of Hess Corp.'s largest shareholders, continues to push for dramatic change at the energy company and for its nominees to join...
Stocks open lower on Wall Street; Hess advances
81 days ago
Hess gained $2.96 to $69.41 after the company said it would get out of the retail business as well as energy trading and marketing to focus on exploration and production.
Hess, under pressure, to exit retail business
81 days ago
The announcement comes just over a month after Hess investor Elliott Management pushed for just such a change, and began lobbying for new directors for the New York company.
Hess to sell terminal network, close refinery
116 days ago
Hess Corp. says it plans to sell its U.S. terminal network and shutter its New Jersey refinery, as it continues to shift its focus toward exploration and production.
US Virgin Islands: Hovensa to keep selling fuel
160 days ago
The refinery was a joint venture of U.S.-based Hess Corp. and Venezuela's state-owned oil company.