UPDATE: Hess Corp. (HES) Tops Q1 EPS by 7c

(Updated - April 29, 2015 7:59 AM EDT)

Hess Corp. (NYSE: HES) reported Q1 EPS of ($0.98), $0.07 better than the analyst estimate of ($1.05). Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.39 billion.

“We delivered strong operating results for the quarter and captured significant cost savings for the year, with additional reductions being pursued,” Chief Executive Officer John Hess said. “With our robust balance sheet, resilient portfolio and top quartile operating capabilities, we are well positioned for both the current price environment as well as for a future recovery in oil prices."

For earnings history and earnings-related data on Hess Corp. (HES) click here.

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