Stock Analysis on Net

Hess Corp. (NYSE:HES)

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Analysis of Revenues

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Revenues as Reported

Hess Corp., income statement, revenues

US$ in millions

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12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Crude oil revenue 6,821 4,325 2,363 3,660 3,523
Natural gas liquids revenue 703 594 253 229 308
Natural gas revenue 1,198 1,015 631 829 859
Sales of net production volumes 8,722 5,934 3,247 4,718 4,690
Sales of purchased oil and gas 3,143 1,749 847 1,738 1,768
Sales 11,865 7,683 4,094 6,456 6,458
Other operating revenues (541) (210) 573 39 (135)
Sales and other operating revenues 11,324 7,473 4,667 6,495 6,323

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Item Description The company
Sales and other operating revenues Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Hess Corp. sales and other operating revenues increased from 2020 to 2021 and from 2021 to 2022.