Hess Corp. (HES) Tops Q3 EPS by 12c
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Hess Reports Estimated Results for the Third Quarter of 2016
October 26, 2016 7:31 AM EDTThird Quarter Highlights:
Net loss was $339 million, or $1.12 per common share, compared with a net loss of $279 million, or $0.98 per common share, in the prior-year quarter Adjusted net loss was $340 million, or $1.12 per common share, compared to an adjusted net loss of $291 million, or $1.03 per common share, in the third quarter of last year Reduced E&P capital and exploratory expenditures by 49 percent to $435 million from $849 million in the prior-year quarter Oil and gas production was 314,000Â barrels of oil... More