Hess Corp. (HES) PT Lowered to $145 at CFRA
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Hess Reports Estimated Results for the Third Quarter of 2024
October 30, 2024 7:30 AM EDTThird Quarter Financial and Operational Highlights:
In September, the Corporation announced a 14% increase in its quarterly dividend, to $0.50 per share ($2.00 per share annualized) Net income was $498 million, or $1.62 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023 Adjusted net income1 was $660 million, or $2.14 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023 E&P oil and gas net... More