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Stock impact report

Hess Reports Estimated Results for the Third Quarter of 2024

Hess Corporation (HES) 
Last hess corporation earnings: 1/29 07:30 am Check Earnings Report
US:NYSE Investor Relations: hess.com/investors
Company Research Source: Business Wire
Third Quarter Financial and Operational Highlights:In September, the Corporation announced a 14% increase in its quarterly dividend, to $0.50 per share ($2.00 per share annualized)Net income was $498 million, or $1.62 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023Adjusted net income1 was $660 million, or $2.14 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023E&P oil and gas net production was 461,000 barrels of oil equivalent per day (boepd), up 17% from 395,000 boepd in the third quarter of 2023Bakken net production was 206,000 boepd, up 8% from 190,000 boepd in the third quarter of 2023Guyana net production was 170,000 barrels of oil per day (bopd), up 57% from 108,000 bopd in the third quarter of 2023E&P capital and exploratory expenditures were $1,104 million, compared with $998 million in the prior-year quarterUpdat Show less Read more
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