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Hess Corp. (HES) Tops Q1 EPS by 29c, Beats on Revenues

April 25, 2018 7:35 AM EDT

Hess Corp. (NYSE: HES) reported Q1 EPS of ($0.27), $0.29 better than the analyst estimate of ($0.56). Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.16 billion.

Key Highlights:

Increased our share repurchase program by $1.0 billion to a total of $1.5 billion, which is expected to be completed by year-end; repurchased approximately 8 million common shares for $380 million in the first quarter, completing the... More