Hess Estimates Losses $HES $XLE

Hess Corporation, has announced its estimated and adjusted results for the first quarter of FY-2015.

The Estimates shows Net loss went down to $389 million compared to net income of $386 million YoY whereas Oil and gas production rose to 361,000 boepd from 318,000 boepd YoY.

View the full earnings release here.