| Articles related to Hess Corp. |
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| 24hGold - Associated Press |
| Hess reports 2Q loss |
| NEW YORK (AP) -- Hess Corp. (HES) on Wednesday reported a loss of $392 million in its second quarter.
The New York-based company said it had a loss of $1.29 per share. Losses, adjusted for non-recurring costs, were $1.11 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of $1.26 per share.
The oil and gas producer posted revenue of $1.27 billion iWednesday, July 27, 2016 |
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| 24hGold - Yahoo |
| Edited Transcript of HES earnings conference call or presentation 27-Jan-16 3:00pm GMT |
| NEW YORK Jan 27, 2016 (Thomson StreetEvents) -- Edited Transcript of Hess Corp earnings conference call or presentation Wednesday, January 27, 2016 at 3:00:00pm GMTTEXT version of Transcript================================================================================Corporate Participants================================================================================ * Jay Wilson Hess Corporation - VP, IR * John Hess Hess Corporation - CEO * Greg Hill Hess Corporation Wednesday, January 27, 2016 |
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| 24hGold - Associated Press |
| OIL Hess reports bigger 4Q loss amid oil slump |
| NEW YORK (AP) -- Hess, which announced a 40 percent cut in capital expenditures for 2016 this week, promised even deeper cuts Wednesday after reporting worse-than expected losses in the fourth quarter with crude prices hovering around $30 per barrel.
The New York company reported a loss of $1.82 billion, or $6.43 per share, in its fourth quarter, compared with a loss of $8 million, or 3 cents per share, in the same quarter a year ago.
Losses, adjusted for non-Wednesday, January 27, 2016 |
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| 24hGold - Yahoo |
| OIL Hess Corp Slips to Loss in Q4 on Continued Oil Price Plunge |
| Hess Corporation HES reported adjusted fourth-quarter 2015 loss from continuing operations of $1.40 per share, wider than the Zacks Consensus Estimate of a loss of $1.10. In the year-ago quarter, the company had posted earnings of 18 cents. The underperformance was mainly due to the plunge in oil and gas prices. Hess Corporation (HES) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompanyRevenues decreased more than 45% year over year to $1,387 million in the quarter from $2,528 millioWednesday, January 27, 2016 |
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| 24hGold - Reuters |
| Hess' quarterly loss less than expected on cost cuts |
| (Adds conference call quotes, earnings comparison, stock) Jan 27 (Reuters) - Oil producer Hess Corp lost less money than expected in the fourth quarter as it managed to cut costs to weather the low-price storm that has battered the entire energy industry. The company, which produces oil in North Dakota's Bakken Shale and the U.S. Gulf of Mexico, slashed its budget and curtailed production plans, saying it could no longer justify boosting output in the wake of a moWednesday, January 27, 2016 |
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| 24hGold - Yahoo |
| Hess Trades Lower Following Preliminary Q4 Results |
| Shares of Hess Corp. (NYSE: HES) were trading lower by more than 1.5 percent heading into Wednesday's opening bell after the company released its preliminary fourth quarter results. Hess expects a loss of $1.40 per share in the fourth quarter on revenue of $1.387 billion. Wall Street analysts were expecting the company to lose $1.47 per share on revenue of $1.50 billion. Hess added its adjusted net loss is expected to be $396 million compared to an adjusted net income of $53 million in the same Wednesday, January 27, 2016 |
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| 24hGold - Yahoo |
| Hess Corporation (HES) Misses on Q4 Earnings, Revenues |
| 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 2015 earnings Wednesday, January 27, 2016 |
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| 24hGold - Yahoo |
| Hess Corp (HES): What's in Store this Earnings Season |
| Hess Corporation HES is slated to report fourth-quarter 2015 results before the opening bell on Jan 27, 2016.In the last quarter, the company’s loss from continuing operations of $1.03 per share was narrower than the Zacks Consensus Estimate of a loss of $1.13. However, the bottom line compared unfavorably with the year-ago quarter earnings of $1.24. Let’s see how things are shaping up prior to the announcement.Factors Likely to Affect EarningsHess' sensitivity to gas/oil price volatility as welMonday, January 25, 2016 |
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| 24hGold - Yahoo |
| Weakness Seen in Hess (HES) Estimates: Should You Stay Away |
| Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.One such stock that you may want to consider dropping is Hess Corporation HES, which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for Monday, January 25, 2016 |
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| 24hGold - Yahoo |
| OIL Hess' Unconventional Portfolio Strong; Weak Oil Price a Drag |
| On Dec 22, 2015, we issued an updated research report on Hess Corporation HES, a global exploration and production (E&P) company.Hess’ priority remains investment in future growth with a balanced approach between unconventional, exploitation and exploration. Such investments are expected to realize an average annual production growth of 5–8% through 2017 and beyond. With growing free cash flow over the years, Hess will be able to increase its share buybacks as well as dividend payouts. For 2015,Wednesday, December 23, 2015 |
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| 24hGold - Yahoo |
| OIL Murphy Oil Q3 Loss Narrower than Expected, Revenues Beat |
| Murphy Oil Corporation MUR reported a third-quarter 2015 loss of 72 cents per share, narrower than the Zacks Consensus Estimate of a loss of 95 cents. This amounted to a positive surprise of 24.2%.In the year-ago quarter, the company reported earnings of $1.15 per share. The downslide was primarily due to the plunge in realized sales prices.Murphy Oil Corporation - Earnings Surprise | FindTheBestOn a GAAP basis, net loss per share was $9.26 as against earnings of $1.37 per share a year ago. The Thursday, October 29, 2015 |
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| 24hGold - Yahoo |
| OIL Murphy Oil Q3 Loss Narrower than Expected, Revenues Beat |
| Murphy Oil Corporation MUR reported a third-quarter 2015 loss of 72 cents per share, narrower than the Zacks Consensus Estimate of a loss of 95 cents. This amounted to a positive surprise of 24.2%.In the year-ago quarter, the company reported earnings of $1.15 per share. The downslide was primarily due to the plunge in realized sales prices.Murphy Oil Corporation - Earnings Surprise | FindTheBestOn a GAAP basis, net loss per share was $9.26 as against earnings of $1.37 per share a year ago. The Thursday, October 29, 2015 |
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| 24hGold - Yahoo |
| OIL Murphy Oil Q3 Loss Narrower than Expected, Revenues Beat |
| Murphy Oil Corporation MUR reported a third-quarter 2015 loss of 72 cents per share, narrower than the Zacks Consensus Estimate of a loss of 95 cents. This amounted to a positive surprise of 24.2%.In the year-ago quarter, the company reported earnings of $1.15 per share. The downslide was primarily due to the plunge in realized sales prices.Murphy Oil Corporation - Earnings Surprise | FindTheBestOn a GAAP basis, net loss per share was $9.26 as against earnings of $1.37 per share a year ago. The Thursday, October 29, 2015 |
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| 24hGold - Yahoo |
| Hess Posts Narrower-than-Expected Q3 Loss, Revenues Beat |
| Hess Corporation HES reported adjusted third-quarter 2015 loss – from continuing operation − of $1.03 per share, narrower than the Zacks Consensus Estimate of $1.13 loss. However, the bottom line deteriorated from the year-ago quarter earnings of $1.24 mainly due to a drop in oil and gas prices. Hess Corporation (HES) - Earnings Surprise | FindTheCompanyRevenues decreased year over year to $1,689 million in the quarter from $2,736 million a year ago. However, revenues surpassed the Zacks ConsensWednesday, October 28, 2015 |
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| 24hGold - Yahoo |
| Hess Posts Narrower-than-Expected Q3 Loss, Revenues Beat |
| Hess Corporation HES reported adjusted third-quarter 2015 loss – from continuing operation − of $1.03 per share, narrower than the Zacks Consensus Estimate of $1.13 loss. However, the bottom line deteriorated from the year-ago quarter earnings of $1.24 mainly due to a drop in oil and gas prices. Hess Corporation (HES) - Earnings Surprise | FindTheCompanyRevenues decreased year over year to $1,689 million in the quarter from $2,736 million a year ago. However, revenues surpassed the Zacks ConsensWednesday, October 28, 2015 |
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| 24hGold - Yahoo |
| Edited Transcript of HES earnings conference call or presentation 28-Oct-15 2:00pm GMT |
| NEW YORK Oct 28, 2015 (Thomson StreetEvents) -- Edited Transcript of Hess Corp earnings conference call or presentation Wednesday, October 28, 2015 at 2:00:00pm GMTTEXT version of Transcript================================================================================Corporate Participants================================================================================ * Jay Wilson Hess Corporation - VP, IR * John Hess Hess Corporation - CEO * Greg Hill Hess Corporation Wednesday, October 28, 2015 |
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| 24hGold - Reuters |
| Hess posts third-quarter loss on crude price slump, beats expectations |
| (Reuters) - Oil producer Hess Corp (HES.N) reported an adjusted quarterly loss on Wednesday but beat expectations as a sharp drop in capital spending and other cost cuts helped offset a 60 percent slump in crude prices (CLc1) in the past year. Hess said it would further pare costs in 2016, aiming to spend 27 percent less on its capital budget, in a range of $2.9 billion to $3.1 billion. Much of the reduction will come from the company's workhorse Bakken shale fields, wWednesday, October 28, 2015 |
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| 24hGold - Reuters |
| Hess posts 3rd-qtr loss on crude price slump, beats expectations |
| (Adds earnings comparisons, stock movement) Oct 28 (Reuters) - Oil producer Hess Corp reported an adjusted quarterly loss on Wednesday but beat expectations as a sharp drop in capital spending and other cost cuts helped offset a 60 percent slump in crude prices in the past year. Hess said it would further pare costs in 2016, aiming to spend 27 percent less on its capital budget, in a range of $2.9 billion to $3.1 billion. Much of the reduction will coWednesday, October 28, 2015 |
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| 24hGold - Yahoo |
| Hess Corporation (HES) Q3 Loss 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 third quarter 2015 earnings repoWednesday, October 28, 2015 |
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| 24hGold - Associated Press |
| Hess reports 3Q loss |
| NEW YORK (AP) -- Hess Corp. (HES) on Wednesday reported a third-quarter loss of $279 million, after reporting a profit in the same period a year earlier.
The New York-based company said it had a loss of 98 cents per share. Losses, adjusted for non-recurring gains, were $1.03 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.22 per share.
The Wednesday, October 28, 2015 |
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