X0202 4 2006-12-01 0 0000004447 HESS CORP HES 0001087997 HESS JOHN B C/O HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036 1 1 1 0 Chairman of the Board and CEO Common Stock, $1.00 par value 2006-12-01 4 C 0 124575 A 2020641 D Common Stock, $1.00 par value 2006-12-01 4 C 0 1121175 A 1121175 I Note 7.00% Mandatory Convertible Preferred Stock 2006-12-01 4 C 0 50000 0 D 2003-11-25 2006-12-01 Common Stock 124575 0 D 7.00% Mandatory Convertible Preferred Stock 2006-12-01 4 C 0 450000 0 D 2003-11-25 2006-12-01 Common Stock 1121175 0 I Note The shares of preferred stock were automatically converted at a fixed conversion ratio of 2.4915 shares of common stock per share of preferred stock (reflecting anti-dilution adjustments resulting from the Corporation's 3 for 1 stock split effected on May 3, 2006), in a transaction exempt under Rule 16b-6(b). This amount includes 630,000 shares held in escrow pursuant to the Corporation's Second Amended and Restated 1995 Long-Term Incentive Plan. The reporting person has only voting power of these shares until the lapsing of the period set by the Committee administering the Plan at which time the shares plus accrued dividends will be delivered to the reporting person if he is still an employee of the Corporation. Held by a previously reported trust established for the benefit of the reporting person's mother. The reporting person is a co-trustee of the trust. George C. Barry for John B. Hess 2006-12-04