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NEW YORK (AP) -- Hess Corp. (HES) on Wednesday reported a fourth-quarter loss of $8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the New York-based company said it had a loss of 3 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 18 cents per share.
The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
The oil and gas producer posted revenue of $2.53 billion in the period.
For the year, the company reported profit of $2.32 billion, or $7.53 per share. Revenue was reported as $11.44 billion.
Hess shares have decreased 3 percent since the beginning of the year, while the Standard & Poor's 500 index has declined slightly more than 1 percent. The stock has dropped slightly more than 5 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HES at http://www.zacks.com/ap/HES
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Keywords: Hess, Earnings Report
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Hess Corporation
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CODE : HES |
ISIN : US42809H1077 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Hess Corp. est une société d’exploration minière et de pétrole basée aux Etats-Unis D'Amerique. Hess Corp. est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 51,0 milliards US$ (47,6 milliards €). La valeur de son action a atteint son plus bas niveau récent le 17 novembre 1989 à 10,06 US$, et son plus haut niveau récent le 25 avril 2024 à 161,74 US$. Hess Corp. possède 315 053 615 actions en circulation. |