Current HES Stock Info

Hess Corporation (ticker: HES) reported a net loss of $2.677 billion, ($8.57) per share, in the fourth quarter of 2017. For reference, the company had a net loss of $4.892 billion in the fourth quarter of 2016.

Fourth quarter 2017 results reflect net after-tax charges totaling $2.373 billion, including a non-cash accounting charge of $1.7 billion, the company said. This charge reduced the carrying value of Hess' interests in the Stampede and Tubular Bells Fields in the Gulf of Mexico. The company forecasts a lower long-term crude oil price o...

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