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Hess Q3 2023 Earnings Report

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$138.62 +2.70 (+1.99%)
As of 01/7/2025 03:57 PM Eastern

Hess EPS Results

Actual EPS
$1.64
Consensus EPS
$1.24
Beat/Miss
Beat by +$0.40
One Year Ago EPS
$1.89

Hess Revenue Results

Actual Revenue
$2.30 billion
Expected Revenue
$2.68 billion
Beat/Miss
Missed by -$388.92 million
YoY Revenue Growth
-27.30%

Hess Announcement Details

Quarter
Q3 2023
Time
Before Market Opens
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Hess Earnings Headlines

Hess Strikes Big in Guyana as Chevron's $53B Deal Teeters
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About Hess

Hess (NYSE:HES), an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.

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