Hess Corporation (HES)

USD 129.71

(-3.5%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 10.7 Billion 11.32 Billion 7.47 Billion 4.66 Billion 6.49 Billion 6.32 Billion
Cost of Revenue 2.73 Billion 3.41 Billion 2.92 Billion 3.41 Billion 3.54 Billion 3.18 Billion
Gross Profit 7.96 Billion 7.91 Billion 4.54 Billion 1.25 Billion 2.95 Billion 3.13 Billion
Operating Expenses 2.53 Billion 3.93 Billion 2.53 Billion 1.64 Billion 2.36 Billion 2.6 Billion
Selling, General and Administrative Expenses 3.25 Billion 3.75 Billion 2.37 Billion 1.29 Billion 2.13 Billion 2.24 Billion
Research and Development Expenses - - - - - -
Other Expenses - 174 Million 162 Million 351 Million 233 Million 108 Million
Cost and Expenses 5.26 Billion 7.34 Billion 5.46 Billion 5.06 Billion 5.9 Billion 5.79 Billion
Operating Income 5.02 Billion 4.12 Billion 2.08 Billion -343 Million 579 Million 529 Million
Interest Expense 478 Million 493 Million 481 Million 468 Million 380 Million 399 Million
Income Tax Expense 733 Million 1.1 Billion 600 Million -11 Million 461 Million 335 Million
Earnings before Tax 2.47 Billion 3.68 Billion 1.49 Billion -2.85 Billion 221 Million 220 Million
Net Income 1.38 Billion 2.09 Billion 890 Million -2.83 Billion -240 Million -282 Million
Earnings Per Share Basic 4.52 6.80 2.90 -9.31 -0.80 -0.95
Earnings Per Share Diluted 4.49 6.77 2.88 -9.31 -0.80 -0.95
Weighted Average Shares Outstanding 305.9 Million 308.1 Million 307.4 Million 304.8 Million 301.2 Million 298.18 Million
Weighted Average Shares Outstanding (Diluted) 307.6 Million 309.6 Million 309.3 Million 304.8 Million 301.2 Million 298.2 Million
Gross Margin 0.74 0.70 0.61 0.27 0.45 0.50
EBIT Margin 0.48 0.51 0.48 0.37 0.42 0.40
Profit Margin 0.13 0.19 0.12 -0.61 -0.04 -0.04
EBITDA 5.09 Billion 5.79 Billion 3.5 Billion -112 Million 2.77 Billion 2.66 Billion
Earnings Before Tax Margin 0.47 0.36 0.28 -0.07 0.09 0.08

Income Statement Charts