Hess Outperforms in 1Q but Vulnerable If Crude Prices Slip in 2018
Hess reported production of 311 thousand barrels of oil equivalent per day in the first quarter, above the top end of guidance. The main driver was better-than-expected well performance in the Bakken Shale, despite severe winter weather. This led to better-than-expected financial results as well, with EBITDA and earnings per share at $512 million and negative $1.03, respectively (consensus estimates were $439 million and negative $1.07).Management confirmed in the release that it has added two ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.