Hess Corp. (HES) Reports Q3 EPS of $0.38

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Hess Reports Estimated Results for the Third Quarter of 2018

October 31, 2018 7:30 AM EDT

Key Highlights:

Announced a ninth oil discovery on the Stabroek Block, offshore Guyana, at the Hammerhead-1 exploration well located approximately 13 miles southwest of the Liza-1 well The Hammerhead discovery adds to the previously announced estimate of gross discovered recoverable resources on the Stabroek Block of more than 4 billion barrels of oil equivalent Completed the sale of our joint venture interests in the Utica shale play in eastern Ohio for net proceeds of approximately $400 million Completed the... More