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Hess Corp (HES)

HES on New York Consolidated

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24 Apr 2017
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Tue, Jan 31 2017

Judge asks Hess to amend contract lawsuit against Schlumberger

A Texas federal judge has given Hess Corp an opportunity to amend a $115 million lawsuit against oilfield services company Schlumberger Technology Corp over faulty safety valves.

BRIEF-Hess forecasts Q1 Bakken production of 90,000 to 95,000 boe/d

* Chief Executive John Hess says expects oil prices to rise this year and into 2018

Oil producer Hess posts smaller-than-expected loss

U.S. oil producer Hess Corp posted a smaller-than-expected quarterly loss on Wednesday, helped by cost cuts, and executives forecast a rebound in activity this year as crude prices edge higher.

UPDATE 2-Oil producer Hess posts smaller-than-expected loss

Jan 25 U.S. oil producer Hess Corp posted a smaller-than-expected quarterly loss on Wednesday, helped by cost cuts, and executives forecast a rebound in activity this year as crude prices edge higher.

Oil producer Hess posts bigger quarterly loss

Jan 25 U.S. oil producer Hess Corp reported a bigger quarterly loss on Wednesday, as the company recorded one-time charges of about $4.6 billion.

Hess's bigger 2017 E&P budget misses Street estimates

Hess Corp budgeted $2.25 billion for exploration and production this year, higher than the $1.9 billion it spent in 2016, in one of the first signs that shale producers will ramp up spending after years of cuts.

UPDATE 1-Hess to spend more on exploration and production this year

Jan 12 Hess Corp budgeted $2.25 billion for exploration and production this year, higher than the $1.9 billion it spent in 2016, in one of the first signs that the shale industry will spend more in 2017 after years of declines.

Hess to spend more on exploration and production this year

Jan 12 Hess Corp said it expected to spend $2.25 billion on exploration and production this year, higher than the $1.9 billion it spent in 2016, in one of the first signs that oil firms will raise their budgets in 2017 after years of declines.

BRIEF-Hess announces 2017 E&P capital and exploratory budget

* Hess announces 2017 E&P capital and exploratory budget; provides earnings update for fourth quarter 2016

BRIEF-Hess announces new oil discovery offshore Guyana

* Hess announces new oil discovery offshore Guyana, further increasing resource potential Source text for Eikon: Further company coverage:

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