Hess Corporation 13-4921002(I.R.S. EmployerIdentification Number)10036(Zip Code) Securities registered pursuant to Section 12(g) of the Act: NoneIndicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☑No☐Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes☐No☑Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☑No☐Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theRegistrant was required to submit such files). Yes☑No☐Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.See the definitions of “large accelerated filer,” “accelerated filer,” - “smallerreporting company” and “emerging growth company” - in Rule 12b-2 of the Exchange Act:Large accelerated filer☑Accelerated filer☐ Non-accelerated filer☐Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) bythe registered public accounting firm that prepared or issued its audit report. Yes☑No☐If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive- based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to§240.10D-1(b).☐Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☑ The aggregate market value of voting stock held by non-affiliates of the Registrant amounted to $41,004,000,000, computedusing the outstanding Common Stock and closing market price on June 30, 2024, the last business day of the Registrant’s mostrecently completed second fiscal quarter.At January 31, 2025, there were 308,291,660 shares of Common Stock outstanding. Part III is incorporated by reference from the Proxy Statement for the 2025 annual meeting of stockholders. HESS CORPORATIONForm 10-KTABLE OF CONTENTS PART I 1 and 2.Business and Properties7Information about our Executive Officers181A.Risk Factors201B.Unresolved Staff Comments261C.Cybersecurity263.Legal Proceedings274.Mine Safety Disclosures28PART II5.Market for the Registrant’s Common Stock, Related Stockholder Matters and Issuer Purchases ofEquity Securities296.[Reserved]307.Management’s Discussion and Analysis of Financial Condition and Results of Operations317A.Quantitative and Qualitative Disclosures About Market Risk518.Financial Statements and Supplementary Data529.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure1039A.Controls and Procedures1039B.Other Information1039C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections103PART III10.Directors, Executive Officers and Corporate Governance10311.Executive Compensation10312.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters10313.Certain Relationships and Related Transactions, and Director Independence10414.Principal Accounting Fees and Services104PART IV15.Exhibits, Financial Statement Schedules105Signatures108 Unless the context indicates otherwise, references to “Hess”, the “Corporation”, “Registrant”, “we”, “us”, “our” and “its” referto the consolidated business operations of Hess Corporation and its subsidiaries. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS ThisAnnual Report on Form 10-K,including information incorporated by reference herein,contains“forward-lookingstatements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities ExchangeAct of 1934, as amended (Exchange Act). Words such as “anticipate,” “estimate,” “expect,” “forecast