Hess Corp at Bank of America Energy Transition Conference Transcript

May 12, 2022 / 04:30PM GMT
Douglas George Blyth Leggate - BofA Securities, Research Division - MD and Head of US Oil & Gas Equity Research

Well, good afternoon, everyone, and good morning, if you're in the United States. Thanks very much indeed for joining us for our next session in our Annual ESG Conference.

I'm delighted to welcome John Hess, who, as you know, is CEO of Hess Corporation, probably one of the most differentiated investment cases in the industry right now. And I think, hopefully, those of you who are familiar with our research are aware of how we've positioned that investment case relative to the rest of the sector. But the challenge for all oil companies is clearly how to navigate, I guess, the volatility of the commodity, but in particular, the changing sentiment around old energy, if you like, in an energy transition. We think for sure that Hess, with a sustainability report that now stretches over 20 years, has been front and center in this discussion for a long time as some of the best, if not the best ESG metrics in the industry, and I think John that's something that needs to be commended. But

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