Hess Corp. (HES) Tops Q1 EPS by 17c
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Hess Reports Estimated Results for the First Quarter of 2022
April 27, 2022 7:30 AM EDTKey Developments:
Announced new discoveries at Barreleye, Lukanani, and Patwa on the Stabroek Block, offshore Guyana; discoveries further underpin the development potential of the Block Increased the gross discovered recoverable estimate for the Stabroek Block to approximately 11 billion barrels of oil equivalent (boe), up from the previous estimate of more than 10 billion boe Sanctioned development of Yellowtail, the fourth and largest development on the Stabroek Block, with a production capacity of approximately 250,000 gross barrels of oil per day (bopd); first oil is expected in... More