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Subsidy Tracker Parent Company Summary
Parent Company Name: Hess Corp.
Ownership Structure: publicly traded (ticker symbol HES)
Headquartered in: New York
Major Industry: oil and gas
Specific Industry: oil & gas
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $2,562,899 | 8 |
Federal (grants and allocated tax credits) | $21,466,121 | 6 |
TOTAL | $24,029,020 | 14 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 1986. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2006.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Alaska | $2,519,201 | 4 |
New York | $43,698 | 4 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Hess Corporation | United States | federal | 2012 | $1,602,305 | | federal grant |
Nuvera Fuel Cells LLC | United States | federal | 2007 | $2,745,488 | | federal grant |
Nuvera Fuel Cells LLC | United States | federal | 2007 | $1,250,612 | | federal grant |
Nuvera Fuel Cells LLC | United States | federal | 2009 | $5,088,933 | | federal grant |
Nuvera Fuel Cells LLC | United States | federal | 2009 | $7,362,131 | | federal grant |
Nuvera Fuel Cells LLC | United States | federal | 2009 | $3,416,652 | | federal grant |
AMERADA HESS CORPORA | New York | local | 2011 | $3,974 | | property tax abatement |
HESS CORPORATION | New York | local | 2011 | $18,270 | | property tax abatement |
HESS CORPORATION | New York | local | 2012 | $3,180 | | property tax abatement |
HESS CORPORATION | New York | local | 2012 | $18,274 | | property tax abatement |
Nuvera Fuel Cells | Massachusetts | state | 2006 | undisclosed | | tax credit/rebate |
Amerada Hess | Alaska | state | 1986 | $888,594 | | tax credit/rebate |
Amerada Hess | Alaska | state | 1987 | $140,071 | | tax credit/rebate |
Amerada Hess | Alaska | state | 1987 | $757,731 | | tax credit/rebate |
Amerada Hess | Alaska | state | 1990 | $732,805 | | tax credit/rebate |