Amerada Hess Corporation
Industry: Oil Gas
Fortune Rank: 79
AHC is engaged in the exploration for and the production, purchase, transportation and sale of crude oil, natural gas and refined petroleum products. For the 6 months ended 6/30/05, revenues rose 19% to $10.15B. Net income applic.to Common from cont. ops. fell 8% to $494M. Revenues reflect increased sales and other operating income. Net income was offset by higher production & marketing expenses and increased depreciation & amortization charge.
Amerada Hess Corporation is a global integrated energy company that explores for, produces, purchases, transports and sells crude oil and natural gas. These exploration and production activities take place in the United States, the United Kingdom, Norway, Denmark, Equatorial Guinea, Algeria, Gabon, Indonesia, Thailand, Azerbaijan, Malaysia and other countries. The Company also manufactures, purchases, trades and markets refined petroleum and other energy products. It partly owns a refinery joint venture in the United States Virgin Islands, and another refining facility, terminals and retail gasoline stations located on the East Coast of the United States. It operates in two segments, exploration and production, and refining and marketing.
Amerada Hess Corporation
Amerada Hess Corporation is a Fortune 500 company. In 2010 Amerada Hess Corporation was ranked number 79 on the Fortune 500 list, making it the 79th largest company in the United States when judged by revenue.
Amerada Hess Corporation achieved revenue of $29,569.00 million in 2010 and earned a profit of $740.00 million.
Amerada Hess Corporation's rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 55th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $41,094 million (a change of -12 million compared to 2010) and profits of $2,360 million (a change of 738 million compared to 2010).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Amerada Hess Corporation would be ranked 169th rather than 79th due to its profits of $740 in 2010.
Amerada Hess Corporation | Revenue* | Profit* | Fortune Ranking |
---|---|---|---|
2010 | 29,569 | 740 | 79 |
2009 | 41,094 | 2,360 | 55 |
2008 | 31,924 | 1,832 | 77 |
2007 | 28,720 | 1,916 | 75 |
2006 | 23,255 | 1,242 | 88 |
* US$ Million
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Address
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Amerada Hess Corporation
1185 Avenue of the Americas
New York
NY
10036
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Amerada Hess Corporation
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Contact Details
- Phone: 212-997-8500
- Fax: 212-536-8390
- Website: www.hess.com
- Stock Symbol: AHC
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