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Hess Announces Quarterly Cash Dividend on Preferred Stock

December 5, 2018

NEW YORK--(BUSINESS WIRE)--Dec 5, 2018--The Board of Directors of Hess Corporation (NYSE:HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20 th interest in a share of Series A preferred stock. The dividend is payable on February 1, 2019 to holders of record at the close of business on January 15, 2019. The depositary shares are listed on the New York Stock Exchange under the symbol HESPRA.

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 http://www.hess.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181205005807/en/

CONTACT: For Hess CorporationInvestors:

Jay Wilson

(212) 536-8940Media:

Lorrie Hecker

(212) 536-8250

lhecker@hess.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OIL/GAS UTILITIES NATURAL RESOURCES OTHER NATURAL RESOURCES PROFESSIONAL SERVICES FINANCE

SOURCE: Hess Corporation

Copyright Business Wire 2018.

PUB: 12/05/2018 04:15 PM/DISC: 12/05/2018 04:15 PM

http://www.businesswire.com/news/home/20181205005807/en

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