
Hess Corporation reported its fourth-quarter earnings for 2024, revealing an adjusted earnings per share (EPS) of $1.76, surpassing the estimate of $1.49. Revenue for the quarter reached $3.23 billion, exceeding expectations of $2.89 billion. The company's net income was reported at $542 million, with production levels hitting 495,000 barrels of oil equivalent per day (boepd). This performance was bolstered by record production in its operations in Guyana and the Bakken fields.
Hess Corporation, $HES, Q4 FY24 Results: 💵 Adj EPS: $1.76 🟢 📈 Revenue: $3.23B 🟢 💰 Net Income: $542M 🛢️ Production: 495K boepd 🔍 Record production in Guyana & Bakken fields.
Hess Midstream LP Reports Estimated Results for the Fourth Quarter of 2024 https://t.co/6gcI0RLNDq https://t.co/3iDqITsXK3
Shale producer Hess beats profit estimates on higher output in US, Guyana #oott https://t.co/IgbgzgLVDm