| Hess beats 3Q profit forecasts | |
| | |
|
NEW YORK (AP) _ Hess Corp. (HES) on Wednesday reported third-quarter net income of $1.01 billion.
The New York-based company said it had profit of $3.31 per share. Earnings, adjusted to account for discontinued operations, were $1.24 per share.
The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.
The oil and gas producer posted revenue of $2.8 billion in the period.
Hess shares have increased roughly 1 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed roughly 8 percent. The stock has risen slightly in the last 12 months.
_____
This story was generated by Automated Insights using data from Zacks Investment Research. HES stock research report from Zacks.
_____
Keywords:Hess,Earnings Report
|
|
|
Hess Corporation
|
|
|
CODE : HES |
ISIN : US42809H1077 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Hess Corp. is a and oil exploration company based in United states of america. Hess Corp. is listed in Germany and in United States of America. Its market capitalisation is US$ 48.6 billions as of today (€ 45.7 billions). Its stock quote reached its lowest recent point on November 17, 1989 at US$ 10.06, and its highest recent level on April 19, 2024 at US$ 154.35. Hess Corp. has 315 053 615 shares outstanding. |