Hess Reports Estimated Results for the Second Quarter Of 2020

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Hess Corp. (HES) Tops Q2 EPS by 11c, Revenues Miss

July 29, 2020 7:37 AM EDT

Hess Corp. (NYSE: HES) reported Q2 EPS of ($1.05), $0.11 better than the analyst estimate of ($1.16). Revenue for the quarter came in at $842 million versus the consensus estimate of $965.31 million.

Second Quarter Financial and Operational Highlights:

Net loss was $320 million, or $1.05 per common share, compared with a net loss of $6 million, or $0.02... More