Hess Says Transitioning From An Investment Phase In 2019 To A FCF Generation Phase Beginning In 2020 - CEO, CONF. CALL [Reuters]
Hess Corporation (HES)
Last hess corporation earnings: 1/29 07:30 am
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Source: Reuters
Hess Corp (HES.N) Key Developments | Reuters.com Jan 30 (Reuters) - Hess Corp ::HESS REPORTS ESTIMATED RESULTS FOR THE FOURTH QUARTER OF 2018.Q4 ADJUSTED LOSS PER SHARE $0.31.Q4 LOSS PER SHARE $0.05.E&P CAPITAL AND EXPLORATORY EXPENDITURES ARE EXPECTED TO BE $2.9 BILLION IN 2019.2019 OIL AND GAS PRODUCTION, EXCLUDING LIBYA IS FORECAST TO BE IN RANGE OF 270,000 TO 280,000 BOEPD, COMPARED TO FULL YEAR 2018.QTRLY NET PRODUCTION FROM GULF OF MEXICO WAS 68,000 BOEPD, COMPARED TO 40,000 BOEPD IN PRIOR-YEAR QUARTER.QTRLY OIL AND GAS PRODUCTION AVERAGED 267,000 BARRELS OF OIL EQUIVALENT PER DAY (BOEPD), EXCLUDING LIBYA.QTRLY NET PRODUCTION FROM BAKKEN INCREASED 15 PERCENT TO 126,000 BOEPD FROM 110,000 BOEPD IN YEAR-AGO QUARTER.QTRLY TOTAL REVENUES AND NON-OPERATING INCOME $1,682 MILLION VERSUS $1,291 MILLION.EXCLUDING MIDSTREAM SEGMENT, CORPORATION HAD CASH AND CASH EQUIVALENTS OF $2.6 BILLION AND TOTAL DEBT OF $5.7 BILLION AT DECEMBER 31, 2018. Full Article Dec 12 (Reuters) - Hess Corp ::
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