Hess Corp. (HES) Tops Q3 EPS by 29c; updates guidance

Hess Corp. (NYSE: HES) reported Q3 EPS of $2.14, $0.29 better than the analyst estimate of $1.85. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $2.99 billion.

Updated 2024 Full Year Guidance:

E&P capital and exploratory expenditures are expected to be approximately $4.9 billion, up from previous guidance of $4.2 billion, reflecting the decision to accelerate the purchase of the Liza Destiny and Prosperity floating production, storage and offloading vessels (FPSOs) to the fourth quarter of 2024 instead of in 2025

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

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