Oil giant Chevron Corp missed estimates for second-quarter profit on Friday, hurt by weak refining margins.

Shares in U.S. oil producer Hess suffered their largest daily percentage drop in 20 months on Thursday on fallout from the lengthy new delay to its proposed sale to Chevron.

Arbitration hearing for a dispute over Hess Corporation's interest in Guyana delayed to May 2025. Earnings benefit from stronger commodity prices and increased production from the new FPSO. Delay in merger raises Hess Corporation's value as Guyana production and profits climb.

Higher oil equivalent production volumes and increased commodity realized prices aid Hess' (HES) Q2 earnings.

Hess (HES) came out with quarterly earnings of $2.62 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $0.65 per share a year ago.

Hess Corp beat estimates for second-quarter profit on Wednesday, helped by higher oil production in Guyana.

Favorable commodity prices, coupled with premium Bakken shale and Stabroek Block production boosts, are likely to have aided Hess' (HES) Q2 earnings.

Hess (HES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Hess (HES) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Hess (HES) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Here is how Hess (HES) and Kimbell Royalty (KRP) have performed compared to their sector so far this year.

Exxon Mobil's legal bid to stop Chevron's proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess' prize subsidiary in Guyana, according to people knowledgeable about the argument.