Hess Corp. (HES) Misses Q4 EPS by 13c

Hess Corp. (NYSE: HES) reported Q4 EPS of ($1.01), $0.13 worse than the analyst estimate of ($0.88). Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.34 billion.

2018 Guidance:

E&P capital and exploratory expenditures are expected to be $2.1 billion
Oil and gas production, excluding Libya and reflecting an estimated 15,000 boepd reduction due to the extended Enchilada platform shutdown, is forecast to be in the range of 245,000 to 255,000 boepd, compared to full year pro forma 2017 net production, excluding Libya and assets sold, of 242,000 boepd

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

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