Hess Corporation stock exits the market after Chevron deal

Published on 09/29/2026 at 14:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hess Corporation stock exited the market after Chevron completed its acquisition on July 18, 2025. The deal transferred a 30 percent Guyana stake to Chevron.

Offshore-Ölplattform von Hess Corporation bei Sonnenuntergang im Golf von Mexiko — Hess Corporation zeigt eine Offshore-Ölplattform im Golf von Mexiko bei goldenem Sonnenuntergang, ISIN US42809H1077, Illustration mit AI erstellt.

Hess Corporation stock exited the market after Chevron completed its acquisition of the energy producer on July 18, 2025. The transaction transferred Hess's assets into Chevron's portfolio and ended the independent listing associated with ISIN US42809H1077.

The independent listing ended

According to Guavy on September 23, 2026, Chevron completed the deal on July 18, 2025. The transaction issued 301.25 million Chevron shares and assumed USD 8.8 billion in debt.

Eulerpool identifies the security as ticker HES, ISIN US42809H1077 and marks it as delisted as of September 27, 2026. That status separates the former Hess equity story from the still-listed Hess Midstream partnership, which uses ticker HESM.

Chevron inherited the core assets

The deal centered on Hess Corporation's 30 percent interest in Guyana's Stabroek Block, according to Guavy. The source described the transaction value as USD 53 billion, making the offshore position the central strategic asset in the combination.

The company website says the Chevron-Hess merger is complete and highlights the fourth production vessel for the Guyana development. The Hess site describes the ONE GUYANA vessel as the fourth and largest oil development vessel at the Stabroek Block in its April 16, 2025 company update.

Former holders received Chevron exposure

For former Hess shareholders, the economic link shifted from a standalone exploration and production company to Chevron's larger energy portfolio. The exchange-based structure means the post-transaction investment outcome follows Chevron rather than an independently traded HES share.

That distinction matters for market searches and portfolio records. A historical Hess quote, an HES security page and the continuing HESM listing refer to different instruments or periods, while the former Hess operating assets now sit within Chevron.

Hess stock now points to history

The key reference for Hess Corporation stock is therefore the completed acquisition rather than a live standalone share price. The dated transaction terms provide the clearest investor checkpoint: 301.25 million Chevron shares issued, USD 8.8 billion of debt assumed and a 30 percent Stabroek Block interest transferred.