Hess

Hess Midstream LP Announces Distribution Per Share Level Increase

Retrieved on: 
Monday, October 23, 2023
Energy, Other Energy, Utilities, Oil, Gas, Hess Corporation, Chevron, Growth, Chevron Corporation, Hess, NYSE, MVC COVID-19 vaccine, Petroleum

Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.6175 per Class A share for the quarter ended September 30, 2023.

Key Points: 
  • Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.6175 per Class A share for the quarter ended September 30, 2023.
  • The distribution represents an approximate 2.7% increase in the quarterly distribution per Class A share for the third quarter of 2023 as compared to the second quarter of 2023.
  • This increase consists of an approximate 1.5% increase in Hess Midstream’s distribution level per Class A share in addition to the quarterly 1.2% increase per Class A share consistent with its target of at least 5% growth in annual distributions per Class A share through 2025.
  • Hess Midstream expects upon consummation of the proposed transaction, Chevron will acquire Hess’ 37.8% ownership in Hess Midstream, including its right to appoint four directors to the Board of Hess Midstream.

HES STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Hess Corporation Is Fair to Shareholders

Retrieved on: 
Monday, October 23, 2023
Class Action Lawsuit, Professional Services, Legal, Hess Corporation, Sale, Chevron Corporation, Hess, Fraud, Advertising, NYSE

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Hess Corporation (NYSE: HES) to Chevron Corporation for 1.0250 shares of Chevron for each Hess share is fair to Hess shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Hess Corporation (NYSE: HES) to Chevron Corporation for 1.0250 shares of Chevron for each Hess share is fair to Hess shareholders.
  • On behalf of Hess shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Hess Cancels Earnings Release Conference Call

Retrieved on: 
Monday, October 23, 2023
Commercial Building & Real Estate, Construction & Property, Professional Services, Other Natural Resources, Other Energy, Utilities, Natural Resources, Oil, Gas, Alternative Energy, Energy, Finance, Hess Corporation, Chevron, Hess, NYSE, Natural gas, Corporation, Pharmaceutical industry, Petroleum

Hess Corporation (NYSE: HES) announced today that it will no longer hold its third quarter results conference call originally scheduled for Wednesday, October 25, 2023 at 10 a.m. Eastern Time due to the announcement earlier today that Hess has entered into a definitive agreement to be acquired by Chevron, subject to shareholder and regulatory approvals and other customary closing conditions.

Key Points: 
  • Hess Corporation (NYSE: HES) announced today that it will no longer hold its third quarter results conference call originally scheduled for Wednesday, October 25, 2023 at 10 a.m. Eastern Time due to the announcement earlier today that Hess has entered into a definitive agreement to be acquired by Chevron, subject to shareholder and regulatory approvals and other customary closing conditions.
  • Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
  • More information on Hess Corporation is available at www.hess.com/ .

Hess Midstream LP Schedules Earnings Release Conference Call

Retrieved on: 
Tuesday, October 10, 2023
Oil, Gas, Energy, PIN, NYSE, Webcast, Hess, Petroleum, Consumer electronics, Video game

Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that it will hold a conference call on Wednesday, October 25, 2023, at 12:00 p.m. Eastern Time to discuss its third quarter 2023 earnings release.

Key Points: 
  • Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that it will hold a conference call on Wednesday, October 25, 2023, at 12:00 p.m. Eastern Time to discuss its third quarter 2023 earnings release.
  • To phone into the conference call, participants should register in advance using this link to receive a unique PIN and dial-in number.
  • This conference call and subsequent replay will also be accessible by webcast (audio only) on Hess Midstream’s website at www.hessmidstream.com .

Hess Police Truck and Cruiser On Sale Now

Retrieved on: 
Monday, October 16, 2023
STEM, Professional corporation, Hess, Police Truck, 2022–2023 Brazilian election protests, Curriculum, Family, LED, Cruiser, HESS, Toy

NEW YORK, Oct. 16, 2023 /PRNewswire/ -- The 2023 Hess Police Truck and Cruiser is now available for purchase exclusively at HessToyTruck.com for $42.99 with free standard shipping and Energizer® batteries included.

Key Points: 
  • NEW YORK, Oct. 16, 2023 /PRNewswire/ -- The 2023 Hess Police Truck and Cruiser is now available for purchase exclusively at HessToyTruck.com for $42.99 with free standard shipping and Energizer® batteries included.
  • The 2023 Hess Police Truck and Cruiser is now available for purchase exclusively at HessToyTruck.com.
  • The 2023 Hess Police Truck and Cruiser are a heroic pair of first responder vehicles.
  • Text "HESS" to 437788 to sign up for mobile alerts, and follow Hess Toy Truck on Facebook and Instagram .

TrueCar Announces New Leadership Appointments

Retrieved on: 
Tuesday, September 26, 2023
Retention, Risk, Marketing, Head, Finance, Hess, Growth, Provincial Finance and Accounts Service, Accounting, TrueCar, Management, Ku

SANTA MONICA, Calif., Sept. 26, 2023 /PRNewswire/ -- TrueCar, Inc. , (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced new leadership appointments and role changes.

Key Points: 
  • SANTA MONICA, Calif., Sept. 26, 2023 /PRNewswire/ -- TrueCar, Inc. , (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced new leadership appointments and role changes.
  • Oliver Foley is joining TrueCar as Chief Financial Officer, replacing Teresa Luong.
  • Foley will start at TrueCar on October 30 and will be responsible for the company's financial strategy, accounting operations, corporate finance, tax compliance and investor relations.
  • Prior to joining TrueCar she was the General Manager of several high-profile dealerships in the Seattle area.

Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase

Retrieved on: 
Wednesday, September 20, 2023
Finance, Oil, Gas, Energy, Professional Services, Utilities, Class, Hess Corporation, Global Infrastructure Partners, NYSE, Hess, Petroleum

Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced the execution of a definitive agreement providing for the repurchase of approximately $100 million of Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, Hess Midstream’s sponsors (the “Sponsors”).

Key Points: 
  • Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced the execution of a definitive agreement providing for the repurchase of approximately $100 million of Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, Hess Midstream’s sponsors (the “Sponsors”).
  • Hess Midstream Operations LP, Hess Midstream’s consolidated subsidiary, agreed to repurchase 3,301,420 Class B units of Hess Midstream Operations LP, equal to approximately 1.4% of the consolidated company, held by the Sponsors for an aggregate purchase price of approximately $100 million.
  • After completing the unit repurchase transaction, public ownership of Hess Midstream on a consolidated basis will be approximately 29.4%.
  • Hess Midstream expects to fund the unit repurchase through borrowings under its existing revolving credit facility.

Hess Announces Collector's Edition Ocean Explorer, Now On Sale

Retrieved on: 
Friday, September 15, 2023
Collector, Lighting, Hess Corporation, Professional corporation, Multimedia, Hess, EDT, Sale, HESS, LED, Gulf of Mexico, The Collector's Series, Volume One, Exploration, Petroleum, Toy

This highly limited edition is the third in the Collector's Series and salutes Hess' proud history -- from the company's founding in 1933 with the first Hess fuel oil delivery truck to its position today as a leading global independent energy company. 

Key Points: 
  • NEW YORK, Sept. 15, 2023 /PRNewswire/ -- Hess Corporation today announced that the special limited Collector's Edition Ocean Explorer toy, commemorating Hess Corporation's 90th anniversary, is now on sale exclusively at HessToyTruck.com for $59.99 with free standard shipping and Energizer® batteries included.
  • Inspired by Hess offshore operations, the Collector's Edition Ocean Explorer is a ship and helicopter combination with rich LED lighting and an unprecedented five different sounds.
  • The Collector's Edition Ocean Explorer comes packaged in a showcase display box that pictures a Hess offshore production facility in the Gulf of Mexico.
  • Text "HESS" to 437788 to sign up for mobile alerts, and follow Hess Toy Truck on Facebook and Instagram .

Code and Theory Debuts 'Beyond Words' Inclusive Language Guide and Certification Program

Retrieved on: 
Friday, August 25, 2023
Beyond Words, Stagwell, Food, Inclusive, Snack, Factitious disorder, Addiction, Culture, Ignorance, Language, History, Latinx, Marketing, Hess, Certification, Human sexuality, Hollywood Casino at Penn National Race Course, Engineering, Management, Tourism, Heating, ventilation, and air conditioning, Book, Code, Religion

NEW YORK, Aug. 25, 2023 /PRNewswire/ -- Code and Theory, Stagwell's (NASDAQ: STGW) fastest-growing digital transformation and engineering network, is launching "Beyond Words: A Guide to Inclusive Language." The 94-page guide equips marketers with the practical tools to choose inclusive language that will invite communities in, grow audiences and create brand love with consumers they may have failed to recognize in the past. 

Key Points: 
  • NEW YORK, Aug. 25, 2023 /PRNewswire/ -- Code and Theory , Stagwell's (NASDAQ: STGW) fastest-growing digital transformation and engineering network, is launching "Beyond Words: A Guide to Inclusive Language."
  • That's why this new guide updates the highly recognized first-edition "Words Up: Guide to Inclusive Writing at Code and Theory", which debuted last year .
  • To ensure that Code and Theory employees are using the most inclusive language for client projects and beyond, the agency has introduced its "Inclusive Language Certification Program."
  • Kicking off after Labor Day, all Code and Theory employees will be offered a seven-hour, biweekly certification program.

Pixelle Announces Chief Executive Officer Transition

Retrieved on: 
Monday, August 7, 2023
Packaging, Consumer, Forest Products, Manufacturing, Natural Resources, Other Manufacturing, Hispanic, Bachelor of Science in Human Biology, University, Convergence, Pixel Watch, H.I.G. Capital, MBA, Hess, Sale, Bushnell, The Conference Board, EBITDA, Acquisition, SIG, Harvard Business School, Comares, Vlotbrug, Growth, Management, Video game, Sonoco

Pixelle Specialty Solutions (“Pixelle”), a leading supplier of specialty papers, announced today that Timothy Hess has decided to step down from his position as President and Chief Executive Officer for health reasons, effective August 7, 2023.

Key Points: 
  • Pixelle Specialty Solutions (“Pixelle”), a leading supplier of specialty papers, announced today that Timothy Hess has decided to step down from his position as President and Chief Executive Officer for health reasons, effective August 7, 2023.
  • In addition, the Company’s Board of Directors announced that following a comprehensive search process, it has selected Ross Bushnell to succeed Hess as Pixelle’s President and Chief Executive Officer.
  • Bushnell has been appointed to the Board of Directors, and Hess will be available to support a smooth transition and will continue serving on the Board.
  • Ross Bushnell joins Pixelle with more than 25 years of commercial and general management experience.