SOURCE: Industrial Info Resources

Industrial Info Resources

April 28, 2011 06:15 ET

Hess Corporation Reports First-Quarter 2011 Growth, Despite Drop in Production, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 28, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Global energy company Hess Corporation (NYSE:HES) (New York, New York) reported strong income and revenues for first-quarter 2011 when compared to the same period last year, despite lower production and sales as measured in barrels. Net income for the quarter was reported to be $929 million, compared with $538 million in first-quarter 2010.

Industrial Info is tracking 33 active Hess projects worldwide that are worth a total of more than $3.6 billion, including an $800 million addition to an energy center in Newark, New Jersey. For more information, visit Industrial Info's North American Power Project Database.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=178214, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to oilandgasproductiongroup@industrialinfo.com or visit our website at www.industrialinfo.com.

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147