Hess Corp. (HES) Posts Q2 Loss of 52c/Share
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Hess Reports Estimated Results for the Second Quarter of 2015
July 29, 2015 7:30 AM EDTSecond Quarter Highlights:
Adjusted net loss was $147 million or $0.52 per share compared to net income of $432 million or $1.38 per share in the prior-year quarter; lower hydrocarbon prices reduced second quarter 2015 adjusted net income by approximately $740 million, after-tax Net loss was $567Â million compared to net income of $931 million in the second quarter of 2014 Oil and gas production increased to 391,000Â barrels of oil equivalent per day (boepd) compared to 319,000Â boepd in the second quarter of 2014 Oil and gas production in... More