Hess Corp. (HES) Tops Q4 EPS by 7c, Revenues Beat

Hess Corp. (NYSE: HES) reported Q4 EPS of ($0.31), $0.07 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $1.68 billion versus the consensus estimate of $1.48 billion.

“Our company enters 2019 with a great deal of momentum,” Chief Executive Officer John Hess said. “With our strong execution in 2018, our portfolio is well positioned to deliver approximately 20 percent compound annual cash flow growth and more than 10 percent compound annual production growth through 2025, with a portfolio breakeven of less than $40 per barrel Brent by 2025.”

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

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