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.

Debt to Equity 
since 2005

Microsoft Excel

Calculation

Hess Corp., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Long-term debt and long-term finance lease obligations1 ÷ Total Hess Corporation stockholders’ equity1
Dec 31, 2022 1.08 = 8,460 ÷ 7,855
Dec 31, 2021 1.37 = 8,658 ÷ 6,300
Dec 31, 2020 1.59 = 8,516 ÷ 5,366
Dec 31, 2019 0.85 = 7,380 ÷ 8,732
Dec 31, 2018 0.69 = 6,672 ÷ 9,629
Dec 31, 2017 0.63 = 6,977 ÷ 11,051
Dec 31, 2016 0.47 = 6,806 ÷ 14,534
Dec 31, 2015 0.34 = 6,630 ÷ 19,386
Dec 31, 2014 0.27 = 5,987 ÷ 22,205
Dec 31, 2013 0.23 = 5,798 ÷ 24,720
Dec 31, 2012 0.38 = 8,111 ÷ 21,090
Dec 31, 2011 0.33 = 6,057 ÷ 18,516
Dec 31, 2010 0.33 = 5,583 ÷ 16,689
Dec 31, 2009 0.33 = 4,467 ÷ 13,384
Dec 31, 2008 0.32 = 3,955 ÷ 12,307
Dec 31, 2007 0.41 = 3,980 ÷ 9,774
Dec 31, 2006 0.47 = 3,772 ÷ 8,111
Dec 31, 2005 0.60 = 3,785 ÷ 6,286

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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Hess Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Hess Corp. Chevron Corp. ConocoPhillips Exxon Mobil Corp. Marathon Petroleum Corp. Occidental Petroleum Corp. Valero Energy Corp.
Dec 31, 2022 1.08 0.15 0.35 0.21 0.96 0.66 0.49
Dec 31, 2021 1.37 0.23 0.44 0.28 0.97 1.46 0.75
Dec 31, 2020 1.59 0.34 0.51 0.43 1.42 1.95 0.78
Dec 31, 2019 0.85 0.19 0.43 0.24 0.86 1.13 0.44
Dec 31, 2018 0.69 0.22 0.47 0.20 0.78 0.48 0.42
Dec 31, 2017 0.63 0.26 0.64 0.23 0.92 0.48 0.40
Dec 31, 2016 0.47 0.32 0.78 0.26 0.78 0.46 0.40
Dec 31, 2015 0.34 0.25 0.63 0.23 0.90 0.34 0.36
Dec 31, 2014 0.27 0.18 0.43 0.17 0.62 0.20 0.31
Dec 31, 2013 0.23 0.14 0.42 0.13 0.31 0.16 0.34
Dec 31, 2012 0.38 0.09 0.45 0.07 0.29 0.19 0.39
Dec 31, 2011 0.33 0.08 0.35 0.11 0.35 0.16 0.47
Dec 31, 2010 0.33 0.11 0.34 0.10 — 0.16 0.55
Dec 31, 2009 0.33 0.11 0.46 0.09 — 0.10 0.50
Dec 31, 2008 0.32 0.10 0.50 0.08 — 0.10 0.42
Dec 31, 2007 0.41 0.09 0.24 0.08 — 0.08 0.37
Dec 31, 2006 0.47 0.14 0.33 0.07 — 0.15 0.28
Dec 31, 2005 0.60 0.21 0.24 0.07 — 0.19 0.36

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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Oil, Gas & Consumable Fuels)

Hess Corp., debt to equity, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel
Hess Corp. Oil, Gas & Consumable Fuels
Dec 31, 2022 1.08 0.29
Dec 31, 2021 1.37 0.40
Dec 31, 2020 1.59 0.55
Dec 31, 2019 0.85 0.36
Dec 31, 2018 0.69 0.29
Dec 31, 2017 0.63 0.31
Dec 31, 2016 0.47 0.36
Dec 31, 2015 0.34 0.31
Dec 31, 2014 0.27 0.22
Dec 31, 2013 0.23 0.18
Dec 31, 2012 0.38 0.15
Dec 31, 2011 0.33 0.16
Dec 31, 2010 0.33 0.17
Dec 31, 2009 0.33 0.19
Dec 31, 2008 0.32 0.19
Dec 31, 2007 0.41 0.14
Dec 31, 2006 0.47 0.18
Dec 31, 2005 0.60 0.16

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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Energy)

Hess Corp., debt to equity, long-term trends, comparison to industry (energy)

Microsoft Excel
Hess Corp. Energy
Dec 31, 2022 1.08 0.30
Dec 31, 2021 1.37 0.42
Dec 31, 2020 1.59 0.58
Dec 31, 2019 0.85 0.37
Dec 31, 2018 0.69 0.30
Dec 31, 2017 0.63 0.33
Dec 31, 2016 0.47 0.37
Dec 31, 2015 0.34 0.33
Dec 31, 2014 0.27 0.23
Dec 31, 2013 0.23 0.19
Dec 31, 2012 0.38 0.17
Dec 31, 2011 0.33 0.18
Dec 31, 2010 0.33 0.18
Dec 31, 2009 0.33 0.20
Dec 31, 2008 0.32 0.19
Dec 31, 2007 0.41 0.15
Dec 31, 2006 0.47 0.19
Dec 31, 2005 0.60 0.17

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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).