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DewDiligence

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DewDiligence

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Re: DewDiligence post# 7385

Wednesday, 07/31/2013 9:23:33 AM

Wednesday, July 31, 2013 9:23:33 AM

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HES 2Q13 non-GAAP EPS $1.51, -10% YoY, -23% QoQ; (2Q13 GAAP EPS of $4.61 includes one-off gain from sale of Russian subsidiary):

http://finance.yahoo.com/news/hess-reports-estimated-results-second-113000691.html

2Q13 production was 341K boe/d including 64K boe/d from the Bakken. The guidance for full-year 2013 production from the Bakken remains 64-70K boe/d.

CC at 10am ET.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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