Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Hess Exceeds Q4 EPS, Revenue Forecasts

TheMotleyFool 
0 0 29.01.25
Hess Exceeds Q4 EPS, Revenue Forecasts
 

Oil and natural gas exploration and production specialist Hess (NYSE:HES) reported fourth-quarter and full-year 2024 earnings on Wednesday, Jan. 29, that topped analyst consensus estimates. Stronger-than-expected adjusted EPS came in at $1.76 while revenue and non-operating income reached $3.23 billion, exceeding forecasts of $2.94 billion. This was primarily driven by increased production, particularly from Guyana and the Bakken regions.

Overall, the quarter highlighted Hess's ability to deliver strong financial performance despite challenges from lower commodity prices.

Source: Hess. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. boepd = barrels of oil equivalent per day

Continue reading


Source Fool.com

Hess Corp. Stock

Show more
Like: 0
HES
Share

Comments

Not a member yet? Sign up for free!