Hess Corp Down 5% on Disappointing Q4 Earnings

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Hess Corp
HES
is trading lower on the session following its Q4 earnings results. Teh company reported EPS of $(0.39), which may not compare to $1.29 estimate and revenues of $9.73 billion vs $9.23 billion estimate. Exploration and Production earnings of Hess Corp were $527 million, oil and gas proved reserves were 1,573 million barrels, and marketing and refining generated a loss of $561 million. Hess Corp is currently trading at $57.31, a loss of $3.01 or 4.99%.
Posted In: Intraday UpdateMovers
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