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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 $1.27 billion in the period.
Hess shares have risen 11 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 6 percent. The stock has fallen nearly 7 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HES at http://www.zacks.com/ap/HES
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Keywords: Hess, Earnings Report
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Hess Corporation
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CODE : HES |
ISIN : US42809H1077 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Hess Corp. is a and oil exploration company based in United states of america. Hess Corp. is listed in Germany and in United States of America. Its market capitalisation is US$ 47.7 billions as of today (€ 41.8 billions). Its stock quote reached its lowest recent point on November 17, 1989 at US$ 10.06, and its highest recent level on April 17, 2024 at US$ 151.45. Hess Corp. has 315 053 615 shares outstanding. |