WASHINGTON (dpa-AFX) - Hess Corp. (HES) said net loss was $131 million or $0.39 per share for the fourth quarter compared with net income of $58 million or $0.18 per share in the fourth quarter of 2010. Net income excluding items affecting comparability between periods was $394 million versus $398 million last year. On average, 18 analysts polled by Thomson Reuters expected the company to earn $1.27 per share for the quarter. Analysts' estimates typically exclude special items. The company stated that the quarterly results included an after-tax charge of $525 million related to the company's investment in HOVENSA L.L.C. and the shutdown of the refinery in St. Croix, U.S. Virgin Islands. Total revenues and non-operating income were up to $8.82 billion from $8.69 billion in the prior year. Analysts anticipated revenues of $8.6 billion for the quarter.
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