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Hess

Posted: Wed Apr 27, 2022 8:46 pm
by Fraser921
Spotted this in Hess release

In March 2022, the Corporation paid $325 million to remove the ceiling price on its outstanding WTI and Brent crude oil collars effective April 1, 2022. >> Better late the never

Premium amortization related to the Corporation's commodity hedging program is expected to reduce second, third and fourth quarter results by approximately $165 million per quarter.