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BRIEF-Hess reports Q3 adj loss per share of $1.07
October 25, 2017 / 11:53 AM / in 2 months

BRIEF-Hess reports Q3 adj loss per share of $1.07

Oct 25 (Reuters) - Hess Corp

* Hess reports estimated results for the third quarter of 2017

* Q3 adjusted loss per share $1.07

* Q3 loss per share $2.02

* Hess - qtrly ‍net production from Bakken of 103,000 boepd was impacted by reduced field availability due to adverse weather, delays in completing new wells​

* Hess Corp - qtrly ‍net production from Gulf of Mexico was 59,000 boepd, compared to 61,000 boepd in prior-year quarter​

* Hess Corp qtrly ‍total production was 299,000 barrels of oil equivalent per day (boepd), excluding Libya​

* Hess Corp - qtrly total revenues and non-operating income $‍1,666 million versus $1,196 million last year

* Q3 earnings per share view $-1.29, revenue view $1.27 billion -- Thomson Reuters I/B/E/S

* Hess - ‍Q4 production will be negatively impacted by hurricane-related downtime and expected lower entitlement at JDA as temporary adjustment reverses​

* Hess - ‍Q3 results include after-tax gain attributable to stockholders of $280 million associated with sale of enhanced oil recovery assets in Permian Basin​

* Hess Corp - ‍E&P Q3 results include noncash after-tax charge of $550 million to impair carrying value of our assets in Norway as result of expected sale​ Source text for Eikon: Further company coverage:

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