Earnings Preview: Hess

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Earnings Preview: Hess

Published on Tuesday, 24 January 2012 10:52 Written by Christian Paolinetti

hes New York, January 24th (TradersHuddle.com) - Shares of Hess Corporation (NYSE:HES) are trading lower by -2.01% ahead of its quarterly earnings release. Hess, the global integrated energy company based in New York, NY is expected to release its quarterly results on January 25^th.

Wall Street Analysts consensus calls for a profit of $1.29 a share on $9.23 billion revenue.

Hess estimates have a range of $0.48 a share. The high estimate calls for profit of $1.51 a share and the low estimate is calling for a profit of $1.03 a share, a year ago for the quarter the company reported $1.2 a share.

Hess Corporation (NYSE:HES) is a global integrated energy company based in New York, NY. The Company explores for, produces, markets, and refines crude oil and natural gas. The company operates in two segments, Exploration and Production and Marketing and Refining.

Other companies on the watch on this earnings event are Marathon Oil Corporation NYSE:MRO and Marathon Petroleum Corporation NYSE:MPC.

Hess Stock Hits New 52-Week Low (HES) - TheStreet.com
Hess Corp Stock Downgraded (HES) - TheStreet.com
Waiting to Wade Into Oil - TheStreet.com
Insiders Trading NBR, LNKD, HES and LAMR - TheStreet.com
Hess Corp Stock Upgraded (HES) - TheStreet.com
UPDATE: Credit Suisse Downgrades Hess Corporation to Neutral - Benzinga
UPDATE: J.P. Morgan Downgrades Hess; Lowers PT - Benzinga
Benzinga's Top Downgrades - Benzinga
Hess Stock Falls On Unusually High Volume (HES) - TheStreet.com
Notable Options Activity in Hess Corporation - Benzinga

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