Hess Corp. (HES) Tops Q4 EPS by 19c

January 26, 2022 7:35 AM EST
Get Alerts HES Hot Sheet
Price: $117.73 +0.65%

EPS Growth %: +58.5%

Financial Fact:
NET INCOME: -317M

Today's EPS Names:
URBN, TOL, RL, More
Trade Now! 
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Hess Corp. (NYSE: HES) reported Q4 EPS of $0.85, $0.19 better than the analyst estimate of $0.66. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $1.74 billion.

GUIDANCE:

  • Net production, excluding Libya, is forecast to be in the range of 330,000 boepd to 340,000 boepd, which is a 12 percent to 15 percent increase from 2021; Bakken net production is forecast to be in the range of 165,000 boepd to 170,000 boepd, which is a 6 percent to 9 percent increase from 2021
  • E&P capital and exploratory expenditures are expected to be approximately $2.6 billion, of which approximately 80 percent will be allocated to Guyana and the Bakken

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



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance

Related Entities

Bakken Formation, Earnings