Hess posts first profit since 2014 on cost cuts, higher oil prices

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Hess posts first profit since 2014 on cost cuts, higher oil prices
01 November 2018, News Wires — U.S. oil and gas producer Hess Corp posted its first profit in about four years in the third quarter and also easily beat analysts’ estimates, as the company sold oil at higher prices and managed to slash costs by 62 percent. New York-based Hess has been under intense pressure to … More »
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