Hess Corp. (HES) Announces 2020 E&P Capital and Exploratory Budget
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Hess Corp. (HES) Misses Q4 EPS by 18c, Revenues Beat
January 29, 2020 7:36 AM ESTHess Corp. (NYSE: HES) reported Q4 EPS of ($0.60), $0.18 worse than the analyst estimate of ($0.42). Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.5 billion.
Key Developments:
Commenced production on December 20, 2019 from the Liza Phase 1 Development at the Stabroek Block (Hess 30 percent), offshore GuyanaAnnounced a 15th discovery at the Mako-1 exploration well located approximately 6 miles southeast of the Liza Field in DecemberIncreased estimate of gross discovered recoverable resources for the Stabroek Block to more than 8 billion barrels of oil equivalent... More