SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
SCHEDULE 13G/A | |
Under the Securities Exchange Act of 1934 | |
(Amendment No. 6)* | |
Hess Corporation | |
(Name of Issuer) | |
Common Stock, par value $1.00 per share | |
(Title of Class of Securities) | |
42809H107 | |
(CUSIP Number) | |
December 31, 2019 | |
(Date of Event Which Requires Filing of This Statement) | |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed: | |
¨ | Rule 13d-1(b) |
¨ | Rule 13d-1(c) |
x | Rule 13d-1(d) |
(Page 1 of 9 Pages) |
______________________________
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 42809H107 | 13G/A | Page 2 of 9 Pages |
1 |
NAME OF REPORTING PERSON Elliott Associates, L.P. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) x (b) ¨ | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 |
SOLE VOTING POWER 0 | ||
6 |
SHARED VOTING POWER 0 | |||
7 |
SOLE DISPOSITIVE POWER 0 | |||
8 |
SHARED DISPOSITIVE POWER 0 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
CUSIP No. 42809H107 | 13G/A | Page 3 of 9 Pages |
1 |
NAME OF REPORTING PERSON Elliott International, L.P. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) x (b) ¨ | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands, British West Indies | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 |
SOLE VOTING POWER 0 | ||
6 |
SHARED VOTING POWER 0 | |||
7 |
SOLE DISPOSITIVE POWER 0 | |||
8 |
SHARED DISPOSITIVE POWER 0 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
CUSIP No. 42809H107 | 13G/A | Page 4 of 9 Pages |
1 |
NAME OF REPORTING PERSON Elliott International Capital Advisors Inc. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) x (b) ¨ | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 |
SOLE VOTING POWER 0 | ||
6 |
SHARED VOTING POWER 0 | |||
7 |
SOLE DISPOSITIVE POWER 0 | |||
8 |
SHARED DISPOSITIVE POWER 0 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% | |||
12 |
TYPE OF REPORTING PERSON CO | |||
CUSIP No. 42809H107 | 13G/A | Page 5 of 9 Pages |
This Schedule 13G reflects the beneficial ownership of the Reporting Persons (as defined below) as of December 31, 2019: | |
Item 1 (a). | NAME OF ISSUER |
Hess Corporation (the “Issuer”) | |
Item 1(b). | ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES |
1185 Avenue of the Americas | |
New York, New York 10036 | |
Item 2 (a). | NAME OF PERSON FILING |
The names of the persons filing this statement on Schedule 13G are: Elliott Associates, L.P. and its wholly-owned subsidiaries (collectively, “Elliott Associates”), Elliott International, L.P. (“Elliott International”) and its wholly-owned subsidiaries and Elliott International Capital Advisors Inc. (“International Advisors” and collectively with Elliott Associates and Elliott International, the “Reporting Persons”). Paul E. Singer (“Singer”), Elliott Capital Advisors, L.P., a Delaware limited partnership (“Capital Advisors”), which is controlled by Singer, and Elliott Special GP, LLC, a Delaware limited liability company (“Special GP”), which is controlled by Singer, are the general partners of Elliott Associates. Hambledon, Inc. (“Hambledon”) is the general partner of Elliott International. International Advisors is the investment manager for Elliott International. International Advisors expressly disclaims equitable ownership of and pecuniary interest in any Common Stock. | |
Item 2(b). | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE |
The business address of Elliott Associates, International Advisors, Capital Advisors, Singer and Special GP is 40 West 57th Street, 30th Floor, New York, New York 10019. | |
The business address of Elliott International and Hambledon is c/o Maples & Calder, P.O. Box 309, Ugland House, South Church Street, George Town, Cayman Islands, British West Indies. | |
Item 2(c). | CITIZENSHIP |
Each of Elliott Associates and Capital Advisors is a limited partnership formed under the laws of the State of Delaware. | |
Elliott International is a limited partnership formed under the laws of the Cayman Islands, British West Indies. | |
International Advisors is a corporation formed under the laws of the State of Delaware. | |
CUSIP No. 42809H107 | 13G/A | Page 6 of 9 Pages |
Special GP is a limited liability company formed under the laws of the State of Delaware. | |
Hambledon is a corporation formed under the laws of the Cayman Islands, British West Indies. | |
Singer is a U.S. citizen. |
Item 2(d). | TITLE OF CLASS OF SECURITIES | ||
Common Stock, par value $1.00 per share (the “Common Stock”) | |||
Item 2(e). | CUSIP NUMBER | ||
42809H107 | |||
Item 3. | IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: | ||
(a) | ¨ | Broker or dealer registered under Section 15 of the Act; | |
(b) | ¨ | Bank as defined in Section 3(a)(6) of the Act; | |
(c) | ¨ | Insurance company as defined in Section 3(a)(19) of the Act; | |
(d) | ¨ | Investment company registered under Section 8 of the Investment Company Act of 1940; | |
(e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); | |
(f) | ¨ |
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
| |
(g) | ¨ |
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
| |
(h) | ¨ |
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
| |
(i) | ☐ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
| |
(j) | ☐ | A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); | |
(k) | ☐ | Group, in accordance with Rule 13d-1(b)(1)(ii)(K). | |
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: _________________________________ |
CUSIP No. 42809H107 | 13G/A | Page 7 of 9 Pages |
Item 4. | OWNERSHIP | |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | ||
(a) | Amount beneficially owned: | |
Elliott Associates individually beneficially owns 0 Class A Ordinary Shares. | ||
Elliott International and International Advisors together beneficially own 0 Class A Ordinary Shares. | ||
Elliott Associates, Elliott International and International Advisors together beneficially own an aggregate of 0 Class A Ordinary Shares. | ||
(b) | Percent of class: | |
Elliott Associates beneficially owned 0% of the outstanding Class A Ordinary Shares. | ||
Elliott International and International Advisors owned 0% of the outstanding Class A Ordinary Shares. | ||
Elliott Associates, Elliott International and International Advisors’ aggregate beneficial ownership constituted 0% of the outstanding Class A Ordinary Shares. | ||
(c) | Number of shares as to which such person has: |
(i) | Sole power to vote or to direct the vote | ||
Elliott Associates has sole power to vote or direct the vote of 0 Class A Ordinary Shares. | |||
(ii) | Shared power to vote or to direct the vote | ||
Elliott International and International Advisors together have shared power to vote or direct the vote of 0 Class A Ordinary Shares. | |||
(iii) | Sole power to dispose or to direct the disposition of | ||
Elliott Associates has sole power to dispose or direct the disposition of 0 Class A Ordinary Shares. | |||
(iv) | Shared power to dispose or to direct the disposition of | ||
Elliott International and International Advisors together have shared power to dispose or direct the disposition of 0 Class A Ordinary Shares. |
CUSIP No. 42809H107 | 13G/A | Page 8 of 9 Pages |
Item 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS |
If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following: x | |
Item 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON |
Not applicable. |
Item 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON |
Not applicable. | |
Item 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP |
Not applicable. | |
Item 9. | NOTICE OF DISSOLUTION OF GROUP |
Not applicable. | |
Item 10. | CERTIFICATION |
Not applicable. |
CUSIP No. 42809H107 | 13G/A | Page 9 of 9 Pages |
SIGNATURES
After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
DATE: January 13, 2020
ELLIOTT ASSOCIATES, L.P. | |
By: Elliott Capital Advisors, L.P., as General Partner | |
By: Braxton Associates, Inc., as General Partner | |
/s/ Elliot Greenberg | |
Name: Elliot Greenberg | |
Title: Vice President | |
ELLIOTT INTERNATIONAL, L.P. | |
By: Elliott International Capital Advisors Inc., as Attorney-in-Fact | |
/s/ Elliot Greenberg | |
Name: Elliot Greenberg | |
Title: Vice President | |
ELLIOTT INTERNATIONAL CAPITAL ADVISORS INC. | |
/s/ Elliot Greenberg | |
Name: Elliot Greenberg | |
Title: Vice President |