Current HES Stock Info

The U.S. Virgin Islands filed a lawsuit against Hess Corp. (ticker: HES) for approximately $1.5 billion, saying the company violated its contract by shuttering its refinery in St. Croix.

Prior to being shuttered, the facility was once the world’s largest refinery, and was responsible for employing 2,500 people, or about one in four workers in the Virgin Islands. The facility began operations in 1965, and was designed for a maximum capacity of 545 MBOPD, according to the filings with the Environmental Protection Agency. As of February 17, 201...

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