Hess Corp. (HES) Tops Q1 EPS by 21c; offers guidance

Hess Corp. (NYSE: HES) reported Q1 EPS of $1.30, $0.21 better than the analyst estimate of $1.09. Revenue for the quarter came in at $2.45 billion versus the consensus estimate of $2.49 billion.

2023 Updated Guidance:

Full year net production is now forecast to be in the range of 365,000 boepd to 375,000 boepd, compared with previous guidance of 355,000 boepd to 365,000 boepd primarily due to strong operational performance in the first quarter of 2023

For earnings history and earnings-related data on Hess Corp. (HES) click here.

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