Hess Corporation has been positively rated by UBS due to its strong position in the exploration and production of crude oil and natural gas.
In 2023, the company reported a daily production of 225,000 barrels of crude oil, 17 million cubic meters of natural gas, and 69,000 barrels of liquefied natural gas.
Geographically, the majority of Hess's net sales are in the United States, accounting for 58% of total sales. Guyana follows at 33.2% and Malaysia at 8.8%. This distribution highlights the company's strategic focus on key markets and its favorable position within the energy sector.