Hess is an exploration and production company based in New York City, employing 1,756 people, focusing on crude oil and natural gas operations in the U.S., Guyana, and Malaysia. It operates through E&P and Midstream segments, providing various production and transportation services, particularly in the Bakken shale play.
John B Hess sold 225,000 shares of HES on 5 June at $133.81 per share, worth a total of $30.1M. They now own 1,996,282 HES shares, or a 10% holding decrease.
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