Hess Sticks to Low-CAPEX Diet During Industry Slump, Sees Loss Widen in First Quarter, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 04/28/16 -- -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Hess Corporation''s (NYSE:HES) (New York City, New York) Exploration and Production (E & P) capital and exploratory expenditures were $544 million for first-quarter 2016, down 56% from the same period last year to reflect reduced activities in the U.S., Norway, Equatorial Guinea and Malaysia/Thailand, the reported Wednesday. Industrial Info is tracking 32 active Hess-related projects worth $13.84 billion.
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Datum: 28.04.2016 - 05:30 Uhr
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News-ID 1431193
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