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HES

Hess Corporation (HES) Q4 Earnings Narrower than Expected

Hess Corporation ( HES ) is an integrated energy company engaged in oil and gas Exploration & Production ("E&P") and refining as well as marketing. The company's E&P activities are concentrated in Algeria, Australia, Azerbaijan, Brazil, Denmark, Egypt, Equatorial Guinea, Gabon, Ghana, Indonesia, Libya, Malaysia, Norway, Russia, Thailand, the United Kingdom and the United States.

Currently, Hess Corporation has a Zacks Rank #3 (Hold) but that could change following its fourth quarter 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:

Earnings : Hess Corporation loss narrower than expected. Loss per share from continuing operations (excluding special items) came in at $1.01, narrower than the Zacks Consensus Estimate of loss of $1.09 per share.

Hess Corporation Price and EPS Surprise

Hess Corporation Price and EPS Surprise | Hess Corporation Quote

Hess Corporation Price and EPS Surprise

Revenue : Revenues of $1,386 million came above the Zacks Consensus Estimate of $1,281 million.

Key Stats : Quarterly hydrocarbon production was 311 thousand barrels of oil equivalent per day, down 15.5% year over year.

Check back later for our full write up on this Hess Corporation earnings report later!

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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