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Hess, originally called the Amerada Corporation, was incorporated in 1920 by Englishman Lord Cowdray for the sole intent of exploring North America for oil. As an oil entrepreneur and as a businessman, Cowdray was a success, hitting a peak net income of almost $5 million in 1926. Today, the Hess Corporation, based in New York City, is a top explorer, producer, transporter and refiner of natural gas and crude oil. There are over 1300 Hess gas stations in 16 eastern states.