With a market cap of $38.9 billion, Hess Corporation (HES) operates in the energy sector, focusing on exploration and production. The New York-based company engages in crude oil and natural gas exploration, development, production, and midstream operations across key regions.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Hess fits this criterion perfectly, exceeding the mark. Hess' uniqueness in the market lies in its strong focus on high-impact offshore projects, particularly in Guyana, and its strategic midstream infrastructure, which enhances its operational efficiency and value chain integration.
