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 Corp. (HES) Announces 2021 E&P Capital and Exploratory Budget

January 25, 2021 8:05 AM EST

Hess Corporation (NYSE: HES) today announced a 2021 Exploration & Production capital and exploratory budget of $1.9 billion, of which more than 80% will be allocated to Guyana and the Bakken.

Net production is forecast to average approximately 310,000 barrels of oil equivalent per day in 2021, excluding Libya. Bakken net production is forecast to average approximately 170,000 barrels of oil equivalent per day in 2021. This forecast includes the impact of operating a two rig program beginning in the first quarter and a planned 45-day turnaround and expansion tie-in at the Tioga Gas Plant in the third quarter,... More

Hess Corp. (HES) PT Raised to $74 at Mizuho Securities

January 25, 2021 6:35 AM EST

Mizuho Securities analyst Paul Sankey raised the price target on Hess Corp. (NYSE: HES) to $74.00 (from $69.00) while maintaining a Neutral rating.... More