Hess Corp at JPMorgan Energy, Power & Renewables Conference (Virtual) Transcript

Jun 23, 2021 / 12:50PM GMT
Arun Jayaram - JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

Good morning, and welcome to Day 2 of J.P. Morgan's Energy Conference held virtually. My name is Arun Jayaram, and I'm the E&P and Oilfield Services Analyst at J.P. Morgan. We're thrilled to have Hess lead off Day 2 with a fireside chat with a senior executive management led by CEO, John Hess; COO, Greg Hill; and CFO, John Rielly. John has led the Fortune 500 company through a strategic transformation from an integrated oil company into a pure-play EP company.

This company has one best 10-year outlooks in our space, which could be a decade of production cash flow and free cash flow, in a company that I think is on a cusp, perhaps sooner that you think in terms of increasing its cash return to shareholder, give the world-class position in Guyana as well some of their cash engines in the Bakken at the Golf of Mexico and Southeast Asia. With that, I will go ahead and start this morning with a moderated fireside chat.

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Arun Jayaram - JPMorgan Chase
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