Hess Corporation (HES - Free Report) is leading global independent energy company engaged in oil and gas Exploration & Production (“E&P”). The company’s E&P activities are concentrated in five strategic areas the Bakken Shale in North Dakota and the Utica Shale in Ohio; the Deepwater Gulf of Mexico; Valhall Field in Norway and South Arne Field in Denmark; offshore West Africa – Equatorial Guinea and Ghana; and offshore Malaysia in the Gulf of Thailand.
Currently, Hess Corporation has a Zacks Rank #3 (Hold) but that could change following its third quarter 2016 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Hess Corporation reported adjusted third-quarter 2016 loss from continuing operations of $1.12 per share, narrower than the Zacks Consensus Estimate of loss of $1.27.
Revenue: Revenues of $1,196 million came above the Zacks Consensus Estimate of $1,134.7 million.
Key Stats: Quarterly hydrocarbon production was 314 thousand barrels of oil equivalent per day, down 17.4% year over year.
Check back later for our full write up on this Hess Corporation earnings report later!
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Hess Corporation (HES - Free Report) is leading global independent energy company engaged in oil and gas Exploration & Production (“E&P”). The company’s E&P activities are concentrated in five strategic areas the Bakken Shale in North Dakota and the Utica Shale in Ohio; the Deepwater Gulf of Mexico; Valhall Field in Norway and South Arne Field in Denmark; offshore West Africa – Equatorial Guinea and Ghana; and offshore Malaysia in the Gulf of Thailand.
Currently, Hess Corporation has a Zacks Rank #3 (Hold) but that could change following its third quarter 2016 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Hess Corporation reported adjusted third-quarter 2016 loss from continuing operations of $1.12 per share, narrower than the Zacks Consensus Estimate of loss of $1.27.
Revenue: Revenues of $1,196 million came above the Zacks Consensus Estimate of $1,134.7 million.
Key Stats: Quarterly hydrocarbon production was 314 thousand barrels of oil equivalent per day, down 17.4% year over year.
Check back later for our full write up on this Hess Corporation earnings report later!
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on HES - FREE