NEW YORK (AP) _ Hess Corp. (HES) on Wednesday reported a loss of $97 million in its fourth quarter.

The New York-based company said it had a loss of 32 cents per share. Losses, adjusted for non-recurring gains, were 58 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 67 cents per share.

The oil and gas producer posted revenue of $1.42 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.25 billion.

For the year, the company reported that its loss widened to $3.09 billion, or $10.15 per share. Revenue was reported as $4.8 billion.

Hess shares have increased slightly more than 8% since the beginning of the year, while the Standard & Poor's 500 index has climbed 2.5%. The stock has declined 8% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HES at https://www.zacks.com/ap/HES

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