Hess Corporation

also referred to as: hess

6 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Feb 26, 2025 by David Senra · said 45 times in 3 episodes since 2025 · across every show →

Mentions by year

brought up most by David Senra (45)

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2025 45 mentions in 3 episodes 15 per episode

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Everything said about Hess Corporation, oldest first

Feb 26, 2025 neutral
Assertion Supported
Chevron acquired Hess Corporation in an all-stock transaction valued at $53 billion
“Chevron announced that it would acquire Hess in an all-stock deal for fifty three billion dollars.”
David Senra Feb 26, 2025 ▶ 49:01 The Last Oil Baron: Leon Hess
Feb 26, 2025 positive
Assertion Supported
Leon Hess stripped gas stations of mechanics and credit cards to maximize throughput
“Unlike his competitors, the Hess station attendants didn't change your oil. They didn't carry batteries, tires, or windshield wipers, or have car mechanics on site. And for a long time, they wouldn't even take credit cards Because Leon felt that slowed the ref…”
David Senra Feb 26, 2025 ▶ 30:05 The Last Oil Baron: Leon Hess
Feb 26, 2025 positive
Opinion
Leon Hess was the last vertically integrated multi-billion dollar oil baron
“The reason we call Hess the last oil baron is that we believe him to be the last of his kind. The last man who could create a multi-billion dollar multinational vertically integrated energy behemoth that could do everything from finding oil in far-flung fields…”
David Senra Feb 26, 2025 ▶ 4:09 The Last Oil Baron: Leon Hess
Feb 26, 2025 neutral
Assertion Not yet assessed · timeframe Feb 2025
John Hess was groomed from age seven to lead Hess Corporation
“From the age of seven, John was being groomed to take over Hess. John spent time in the trenches. This is just like the Wallenbergs and the Greens again. John spent time in the trenches, learning the business by pumping gas at a station in Jersey, doing accoun…”
David Senra Feb 26, 2025 ▶ 40:03 The Last Oil Baron: Leon Hess
Feb 26, 2025
Assertion Supported
Hess Bought a $100 Million 9.7% Stake in Amerada Before Merging
“To get that seat, he had to make a massive investment, so Hess made a big investment two years earlier. They spent a hundred million dollars to buy 9.7% stake in the company.”
David Senra Feb 26, 2025 ▶ 31:40 The Last Oil Baron: Leon Hess
Feb 26, 2025 positive
Assertion Not checkable as stated
Leon Hess operated oil facilities with half the staff of his competitors
“He ran a facility with 400 people where other companies would have used twice as many workers.”
David Senra Feb 26, 2025 ▶ 44:24 The Last Oil Baron: Leon Hess
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