SOURCE: Industrial Info Resources

Industrial Info Resources

October 30, 2014 06:15 ET

Hess Reports $1 Billion Third-Quarter Earnings, Tubular Bells Offshore Project to Start Production, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Oct 30, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Oil and gas exploration and production company Hess Corporation (NYSE:HES) (New York, New York) reported its third-quarter net income rose to more than $1 billion from $440 million a year earlier, reflecting the sale of its downstream retail business. Adjusted net income, which excludes items affecting comparability, was $377 million, compared with $405 million in the year-ago quarter. Industrial Info is tracking 23 Hess projects worth $4.04 billion.

Within this article: Details on Hess' quarter and plans, including the Tubular Bells offshore project.

Other companies featured: Williams Partners (NYSE:WMB), Chevron Corporation (NYSE:CVX), Statoil ASA (NYSE:STA)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info'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. To contact an office in your area, visit the "Contact Us" page.

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