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April 26 (Reuters) - Oil and gas producer Hess Corp (HES.N) on Wednesday topped Wall Street's first-quarter profit estimates and disclosed its consortium with Exxon Mobil Corp (XOM.N) made a new discovery off the coast of Guyana. Hess holds a 30% stake in the consortium, and said the discovery may help justify a new oil project. Production from Hess' share of output in Guyana was 12% above estimates at 112,000 boepd. The company expects current quarter production of between 105,000 boepd and 110,000 boepd due to planned maintenance at the Liza phase 2 platform. On a per share basis, the company reported a profit of $1.13 for the first quarter and an adjusted profit of $1.30.
Still, its shares fell more than 5% to $111.79 on weaker oil prices on the day and a fourth-quarter profit miss. It also anticipates it will invest about $2 billion in Sempra's Port Arthur LNG facility, of which ConocoPhillips has a 30% stake. "ConocoPhillips finished 2022 on a solid note with production volumes exceeding consensus forecasts by 1.5%," said Third Bridge analyst Peter McNally. First quarter production is expected between 1.72 million and 1.76 million boepd, with full-year output of between 1.76 million to 1.8 million boepd, representing growth of 1% to 4%. On an adjusted basis, the company posted quarterly profit of $2.71 per share, missing expectations of $2.81, according to Refinitiv data.
Jan 24 (Reuters) - U.S. oilfield services firm Halliburton Co (HAL.N) on Tuesday topped Wall Street profit estimates for its fourth quarter and said its shale oil-well fracking equipment remains fully booked with oil prices driving increased drilling. The largest provider of hydraulic fracking services used to complete shale oil and gas wells maxed out on its North American fracking equipment and crews. The business last year was in a standoff with oil producers, not adding new equipment until customers agreed to pay higher fees. Halliburton executives said on Tuesday they expect North America customer spending to grow by at least 15% this year, but warned its oil-well completions equipment remains fully contracted. For the full-year 2022, international revenue grew by 20% and North America revenue grew 51% compared with last year.
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