Hess Corp. (HES) Tops Q4 EPS by 8c, Revenues Beat

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Go back to Hess Corp. (HES) Tops Q4 EPS by 8c, Revenues Beat

Hess Reports Estimated Results for the Fourth Quarter of 2020

January 27, 2021 7:30 AM EST

Fourth Quarter Financial and Operational Highlights:

Net loss was $97 million, or $0.32 per common share, compared with a net loss of $222 million, or $0.73 per common share in the fourth quarter of 2019 Adjusted net loss1 was $176 million, or $0.58 per common share, compared with an adjusted net loss of $180 million, or $0.60 per common share in the prior-year quarter Completed the sale of the Corporation's 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico for net proceeds of $482 million, after closing adjustments Oil and gas net... More