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Hess (HESPA.PFD) Credit Losses Provision


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What is Hess Credit Losses Provision?

Credit Losses Provision only applies to banks.


Hess (HESPA.PFD) Business Description

Industry
Traded in Other Exchanges
Address
1185 Avenue of the Americas, New York, NY, USA, 10036
Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 344 thousand barrels of oil equivalent per day in 2022, at a ratio of 72% oil and natural gas liquids and 28% natural gas.