Hess Corporation (HES) $60.38
The Company:
Hess Corporation, an energy exploration, production and refining company, was established in 1933 by Leon Hess and is currently run by his son John Hess, who serves as the Chairman and CEO of the company. The company operates in two segments: exploration & production and marketing & refining. Hess Energy Marketing provides electricity, natural gas and fuel oil to about 21,000 commercial and industrial customers in its 18-state East Coast market area, as well as to utilities and other wholesale customers. It also operates as an independent gasoline storage retailer from North Hampshire to Florida. With the closing of one of its unprofitable refining facilities in the U.S. Virgin Islands, the company is now positioning itself to primarily become a exploration and production company. With operations in 23 countries, Hess Corporation is a globally diversified company that derives only 32% of its $37.87 billion in annual revenue from the United States.