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Hess swings to a loss on lower oil prices
2015-01-28 15:59:43| Oil & Gas - Topix.net
Hess Corp. swung to a loss in the fourth quarter as dramatically lower gas prices dragged down earnings despite increased production. Earlier this month, Hess said that it would reduce its 2015 budget, joining a number of energy producers that have reduced spending plans amid a sharp decline in oil prices.
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Category:Energy and Environment
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