Hess Corporation

NYSE:HES  
113.69
+1.55 (+1.38%)
Other Pre-Announcement

Hess Posts Q2 EPS Of $2.15

Published: 07/27/2022 12:24 GMT
Hess Corporation (HES) - Q2 Net Profit 667 Million USD Versus -73 Million USD Loss Year Ago.
Q2 Earnings per Share 2.15 USD Versus 0.24 USD Loss Year Ago.
Qtrly Net Production, Excluding Libya, Was 303,000 Boepd in Q2 of 2022, Compared With 307,000 Boepd in Q2 of 2021.
Qtrly Bakken Net Production Was 140,000 Boepd.
Quarterly Total Revenues and Non-operating Income $2,988 Million Versus $1,598 Million.
Qtrly Net Production From Gulf of Mexico Was 29,000 Boepd, Compared With 52,000 Boepd in Prior-year Quarter.
Sees Net Production, Excluding Libya, is Forecast to Be in Range of 330,000 Boepd to 335,000 Boepd in Q3.
Net Production Guidance for Guyana for 2022 is Expected to Be Approximately 75,000 Bopd, Which Includes Approximately 6,000 Bopd of Tax Barrels.
Net Production Guidance for Guyana for Q3 of 2022 is Expected to Be in Range of 90,000 Bopd to 95,000 Bopd,.
Net Production, Excluding Libya, is Forecast in Range of 365,000 Boepd to 370,000 Boepd in Q4.
Sees Full Year E&p Capital and Exploratory Expenditures Are Expected to Be Approximately $2.7 Billion.
Q2 Earnings per Share View $2.14, Revenue View $2.41 Billion -- Refinitiv Ibes Data (analyst estimates).
Q2 Earnings per Share View $2.14, Revenue View $2.41 Billion -- Refinitiv Ibes Data (analyst estimates).