Hess: 1Q22 Earnings

HES: before market open; EPS forecast: $1.13; presentation.

• EPS: pending
• revenue: a huge 15.6% beat; reported $2.37 billion vs $2.05 billion forecast
• earnings: $414 million
• production
• from 295, 2021 to >600 in 2026E
• breakeven: $45 / bbl by 2026
  
• guidance: all about Guyana