
Headquartered in New York, Hess Corporation (HES) is a global integrated energy company involved in the exploration, production, development, transportation, and sale of crude oil, natural gas liquids, and natural gas, valued at $44.9 billion by market cap. The energy company is expected to announce its fiscal second-quarter earnings for 2024 on Wednesday, July 31.
Ahead of the event, analysts expect Hess to report a profit of $2.39 per share, up 267.7% from $0.65 per share in the year-ago quarter. The company successfully beat the bottom-line estimates in each of the last four quarters.