Hess Stock Stays Steady Amid Integration into Chevron

Hess Corporation stock has been trading steadily in late August 2026 as investors focus on the company's integration into Chevron and its Midstream cash flow metrics.

The merger between Hess Corporation and Chevron closed earlier this year, turning Hess into part of a larger integrated energy group while leaving Hess Midstream LP as a separately listed partnership focused on Bakken infrastructure.

A director with long-standing ties to Hess reduced their exposure to Chevron in a significant share sale, selling 100,000 shares at $194.26 per share and generating proceeds of $19,426,000, but still owned 178,045 Chevron shares valued at $34,587,021.70 after the transaction.

Hess Midstream LP reported revenue of $397.7 million and earnings of $96.4 million in the second quarter of fiscal 2026, beating consensus by $0.09 per unit, and reiterated adjusted free cash flow guidance of between $910 million and $960 million for 2026.