Current HES Stock Info

Bakken production up 11% over Q1 2017
Hess Corporation (ticker: HES) reported a net loss of $106 million, or $(0.38) per common share in Q1 2018. This compares to a net loss of $324 million, or $(1.07) per share in Q1 2017.

Oil and gas production went above the company’s guidance estimates. Net production averaged 233 MBOEPD (excluding Libya) and Bakken production was 111 MBOEPD. Libya net production was 22 MBOEPD in the first quarter of 2018.

Hess Production, Apr. 2018

The company’s E&P expenditures were $384 million in the quart...

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