Shares of independent energy company Hess Corp. (HES) are up 4 percent on Thursday trading after the company announced two significant discoveries at the Fangtooth-1 and Lau Lau-1 wells on the Stabroek Block offshore Guyana.
These discoveries are expected to add to the block's earlier announced gross discovered recoverable resource estimate of approximately 10 billion barrels of oil equivalent.
Currently at $84.31, the stock has traded between $53.43 and $92.79 during the past 52 weeks.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.