Hess Corp. (NYSE: HES) reported net income of $420 million for the quarter ended Sept. 30.
Adjusted earnings, which exclude items affecting comparability, were $405 million or $1.18 per common share compared with $495 million in 3Q 2012.
E&P earnings were $455 million in 3Q 2013, compared with $608 million in 3Q 2012. Adjusted earnings were $458 million in 3Q 2013 and $546 million in 3Q 2012. Earnings in the third quarter were negatively impacted by an estimated $30 million resulting from sales volumes being underlifted compared to production ...