|  Forgot?  |  Register

Forgot your login?

Enter the e-mail address you used when you registered an account with Industrial Info.

A message will be sent to the E-Mail Address found in our records containing the associated username(s) as well as instructions for a password reset.

E-Mail:

Net Losses Deepen for Hess in Third Quarter on Lower Production

Premium News Article
SUGAR LAND--October 3, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--After shedding more than $2 billion in assets to fund operations off the coast of Guyana in South America, U.S. oil and gas producer Hess Corporation (NYSE:HES) (New York, New York) reported a third-quarter net loss of $624 million, nearly double the prior-year quarter. In the same period last year, Hess incurred a net loss of $339 million. The weak results come as Hess tries to refocus its operations on Guyana and the U.S. after divesting its oil and natural gas interests in Equatorial Guinea and Norway earlier this week.

Within this article: Details of Hess' third-quarter results and some of the company's major projects

Read the Complete Article >>>

Details on this Article:
Industry Segment: Production
Word Count: 1111 Words

Listen to Today's News News Audio Library Sync News Podcasts

  Login or Register now for instant access!

        

Related Articles

Free News Article  Targa Resources, Anadarko, TransCanada: Your Daily Energy News

Premium News Article  Shell Tops Global Oil and Gas Companies

Free News Article  TransCanada, Plains All American, Hess, Aliso Canyon: Your Daily Energy Ne...

Free News Article  ConocoPhillips, TransCanada: Your Daily Energy News

Premium News Article  Sweden Green Lights Nord Stream 2 Pipeline, Denmark Is Final Hurdle

This article is available for Premium Members only.

Subscribe Now! All Fields are Required...












Upgrade your Premium News Subscription to include all archived articles for only $160. Contact Member Services: 800-762-3361

All Members Receive the Following Free Resources:
  • North American Project & Gap Spending
  • North American Plant Analysis by Industry & Market Region
  • Market Maps & Stats - Capital & Maintenance Activity
  • Current & Historic Economic Indicators
  • 30/60/90 Day Weather Forecast