Hess Announces Regular Quarterly Dividend On Common Stock

NEW YORK–The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on January 3, 2012 to holders of record at the close of business on December 20, 2011.

Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products. More information on Hess Corporation is available at www.hess.com.

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Author: montanaoilreport

After my first job at a newspaper -- delivering papers for the Jackson (TN) Sun, ink was in my veins. Since the 1970's I've worked in every area of the Printing and Publishing industry, with most of that time spent in the pressroom. In 2008 I moved to Montana and purchased the Sun Times of Fairfield (fairfieldsuntimes.com). In 2011 I realized that most media outlets were either ignoring, or attacking, the growing oil and gas industry in Montana, so I started the Montana Oil Report as the source of information on this important industry.

2 thoughts on “Hess Announces Regular Quarterly Dividend On Common Stock”

  1. As a dividend investor with a number of holdings in oil and gas producing royalty trusts I’m always on the lookout for new income producing ideas. Thanks for sharing this – I’d be interested in seeing more updates on dividend producing companies within your field of expertise. I’ll add Hess to my consideration list for possible future purchases. On a separate note, we often hear about the “oil-rush” going on in North Dakota – would be interested to know if Montana is experiencing similar conditions?

    1. Good Morning! Montana, specifically our region – the Rocky Mountain Front – is in the very earliest stages of a massive oil boom. UnionTown Energy and Primary Petroleum are the major players at this time in Teton County. Montana has a long history of oil production, dating back to the first commercial well in 1920. The area where I live had 3 or 4 refineries. The first fields are still producing. With the price of oil staying up, and with the new technologies, Montana is getting busy. One of the advantages of Montana is that the wells are about half as deep.

      Watch my newspaper for a breaking story coming in 2 or 3 weeks regarding the Bakken. http://www.fairfieldsuntimes.com

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