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.

Statement of Comprehensive Income 

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Hess Corp., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Net income (loss) 2,447 890 (2,839) (240) (115)
Net effect of hedge (gains) losses reclassified to income 585 243 (547) (1) 173
Net change in fair value of cash flow hedges (517) (315) 649 (376) 244
Change in derivatives designated as cash flow hedges, after taxes 68 (72) 102 (377) 417
(Increase) reduction in unrecognized actuarial losses, net 196 355 (205) (160) 23
Net effect of amortization of net actuarial losses 11 66 47 144 41
Change in pension and other postretirement plans, after taxes 207 421 (158) (16) 64
Other comprehensive income (loss) 275 349 (56) (393) 481
Comprehensive income (loss) 2,722 1,239 (2,895) (633) 366
Comprehensive income attributable to noncontrolling interests (351) (331) (254) (168) (167)
Comprehensive income (loss) attributable to Hess Corporation 2,371 908 (3,149) (801) 199

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).

Comprehensive income item Description The company
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 increased from 2020 to 2021 and from 2021 to 2022.
Comprehensive income (loss) attributable to Hess Corporation Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Hess Corp. comprehensive income (loss) attributable to Hess Corporation increased from 2020 to 2021 and from 2021 to 2022.