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.

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