Hess Corp. (HES) Tops Q3 EPS by 73c
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Hess Reports Estimated Results for the Third Quarter of 2023
October 25, 2023 7:30 AM EDTKey Development:
On October 23rd the Corporation entered into an agreement to merge with Chevron. The transaction is expected to close in the first half of 2024Third Quarter Financial and Operational Highlights:
Net income was $504 million, or $1.64 per share, compared with net income of $515 million, or $1.67 per share, in the third quarter of 2022; adjusted net income1 in the third quarter of 2022 was $583 million, or $1.89 per share Oil and gas net production was 395,000 barrels of oil equivalent per day (boepd), up 13%... More