Hess said it will use the proceeds from the sale to increase its share buyback program to $6.5 billion from $4 billion.
Marathon Petroleum will operate the stations under its Speedway retail banner.
Hess CEO said the sale, "marks the culmination of our strategic transformation into a pure-play exploration and production company." The deal is expected to close before year-end.
Hess said it will continue to sell its iconic Hess Toy Truck's online. In fact, it issued a whole press release on the matter.
Shares of Hess are up about 2%.