Stock Analysis on Net
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.

Common-Size Income Statement
Quarterly Data

Hess Corp., common-size consolidated income statement (quarterly data)

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3 months ended: Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Sales and other operating revenues 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Gains on asset sales, net 0.07 0.00 0.00 2.59 0.00 0.10 0.95 0.00 1.65 0.00 0.00 5.98 0.00 0.96 0.00 0.00 0.00 1.33 0.00 0.00 0.78 0.72 0.52
Other, net 1.25 1.35 1.74 1.50 1.12 1.02 1.56 0.80 1.31 1.20 1.11 1.29 1.47 0.12 1.11 0.95 -4.11 0.90 1.72 1.94 1.17 1.37 2.75
Revenues and non-operating income 101.32% 101.35% 101.74% 104.09% 101.12% 101.12% 102.51% 100.80% 102.96% 101.20% 101.11% 107.27% 101.47% 101.08% 101.11% 100.95% 95.89% 102.23% 101.72% 101.94% 101.95% 102.09% 103.27%
Marketing, including purchased oil and gas -24.86 -23.90 -25.01 -27.98 -31.45 -28.53 -29.49 -30.04 -29.68 -20.39 -27.29 -21.27 -19.07 -6.72 -27.92 -25.43 -26.77 -28.73 -25.95 -28.61 -27.38 -29.34 -26.60
Operating costs and expenses -16.68 -19.83 -15.84 -13.12 -12.75 -12.05 -13.53 -14.13 -18.93 -19.95 -13.96 -23.69 -26.57 -35.29 -22.38 -21.69 -20.32 -17.17 -16.92 -17.70 -14.84 -18.77 -21.40
Production and severance taxes -2.18 -2.01 -1.99 -1.87 -2.31 -2.27 -2.64 -2.19 -2.39 -2.79 -1.95 -2.42 -2.93 -1.92 -3.10 -3.09 -2.97 -2.77 -2.48 -2.61 -2.62 -2.74 -2.90
Exploration expenses, including dry holes and lease impairment -2.32 -4.33 -2.74 -2.52 -1.86 -1.12 -1.86 -2.01 -2.05 -3.04 -1.74 -4.54 -6.13 -3.72 -13.96 -6.30 -3.16 -2.59 -2.16 -5.52 -9.43 -4.04 -2.97
General and administrative expenses -4.11 -4.72 -5.64 -7.40 -3.49 -3.21 -4.76 -3.84 -4.32 -5.32 -4.95 -6.21 -7.25 -10.68 -7.53 -7.78 -5.70 -5.36 -5.53 -5.52 -7.98 -8.41 -8.17
Depreciation, depletion and amortization -17.82 -21.71 -20.36 -17.18 -15.09 -13.23 -14.57 -17.79 -19.84 -24.38 -20.86 -36.79 -44.69 -61.10 -41.43 -34.82 -34.43 -29.76 -31.68 -32.30 -27.27 -28.94 -30.98
Impairment and other 0.00 -3.58 0.00 0.00 -1.73 0.00 0.00 0.00 0.00 -9.31 0.00 0.00 0.00 0.00 -157.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Income (loss) before interest and income taxes 33.36% 21.28% 30.15% 34.01% 32.45% 40.71% 35.67% 30.80% 25.75% 16.02% 30.35% 12.34% -5.18% -18.37% -172.23% 1.84% 2.53% 15.84% 16.98% 9.70% 12.44% 9.84% 10.25%
Interest expense -4.18 -5.33 -5.10 -4.23 -4.00 -4.09 -5.32 -5.41 -7.11 -7.47 -6.16 -8.93 -10.18 -14.29 -8.35 -5.64 -5.70 -5.84 -6.23 -6.00 -5.52 -6.39 -7.65
Loss on debt extinguishment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.69 -2.01
Income (loss) before income taxes 29.18% 15.95% 25.05% 29.79% 28.44% 36.62% 30.35% 25.39% 18.65% 8.55% 24.18% 3.41% -15.36% -32.65% -180.58% -3.80% -3.16% 10.00% 10.75% 3.70% 6.92% 1.76% 0.59%
(Provision) benefit for income taxes -7.68 -6.99 -7.30 -9.95 -9.03 -11.10 -8.52 -9.48 -8.13 -7.73 -6.48 -5.45 -0.43 1.08 5.83 -7.07 -7.34 -7.95 -5.98 -1.64 -6.75 -7.43 -5.42
Net income (loss) 21.50% 8.96% 17.75% 19.84% 19.41% 25.52% 21.83% 15.91% 10.52% 0.82% 17.70% -2.04% -15.79% -31.57% -174.74% -10.87% -10.51% 2.05% 4.77% 2.06% 0.17% -5.67% -4.83%
Net income attributable to noncontrolling interests -3.50 -3.76 -3.40 -2.90 -2.91 -2.94 -3.80 -4.07 -3.98 -5.45 -4.43 -5.30 -5.18 -6.84 -4.95 -2.32 -2.91 -2.41 -2.74 -2.30 -2.51 -2.80 -3.05
Net income (loss) attributable to Hess Corporation 18.00% 5.20% 14.35% 16.94% 16.50% 22.57% 18.03% 11.85% 6.54% -4.62% 13.28% -7.34% -20.97% -38.42% -179.69% -13.19% -13.42% -0.36% 2.04% -0.24% -2.34% -8.47% -7.88%
Preferred stock dividends 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.25 -0.73 -0.61 -0.78 -0.82
Net income (loss) attributable to Hess Corporation common stockholders 18.00% 5.20% 14.35% 16.94% 16.50% 22.57% 18.03% 11.85% 6.54% -4.62% 13.28% -7.34% -20.97% -38.42% -179.69% -13.19% -13.42% -0.36% 1.78% -0.97% -2.96% -9.26% -8.69%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Income statement item Description The company
Income (loss) before interest and income taxes The net result for the period of deducting operating expenses from operating revenues. Hess Corp. income (loss) before interest and income taxes as a percentage of sales and other operating revenues decreased from Q1 2023 to Q2 2023 but then increased from Q2 2023 to Q3 2023 exceeding Q1 2023 level.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Hess Corp. income (loss) before income taxes as a percentage of sales and other operating revenues decreased from Q1 2023 to Q2 2023 but then increased from Q2 2023 to Q3 2023 exceeding Q1 2023 level.
Net income (loss) attributable to Hess Corporation The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Hess Corp. net income (loss) attributable to Hess Corporation as a percentage of sales and other operating revenues decreased from Q1 2023 to Q2 2023 but then increased from Q2 2023 to Q3 2023 exceeding Q1 2023 level.