Hess Corp. Reports Strong Fourth-Quarter Earnings
NEW YORK, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Hess Corp. (HES) announced its fourth-quarter and full-year financial results today, exceeding Wall Street expectations.
Fourth-Quarter Highlights:
* Net income of $542 million, or $1.76 per share
* Revenue of $3.23 billion
* Beat analysts' estimates for both earnings and revenue
Full-Year Results:
* Net income of $2.77 billion, or $8.98 per share
* Revenue of $13.02 billion
"Our strong fourth-quarter results cap off a successful year for Hess," said CEO John Hess. "We are well-positioned to continue our growth trajectory in the future."
Hess Corp. is a leading independent energy company engaged in the exploration, production, and marketing of crude oil and natural gas.
For more information, visit https://www.hess.com/.