Hess Corp
NYSE:HES
Income Statement
Earnings Waterfall
Hess Corp
Revenue
|
10.5B
USD
|
Cost of Revenue
|
-2.9B
USD
|
Gross Profit
|
7.6B
USD
|
Operating Expenses
|
-4.7B
USD
|
Operating Income
|
2.9B
USD
|
Other Expenses
|
-1.5B
USD
|
Net Income
|
1.4B
USD
|
Income Statement
Hess Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
11 779
N/A
|
10 930
-7%
|
10 683
-2%
|
10 744
+1%
|
10 616
-1%
|
9 584
-10%
|
8 715
-9%
|
7 649
-12%
|
6 510
-15%
|
5 933
-9%
|
5 222
-12%
|
4 760
-9%
|
4 762
+0%
|
5 047
+6%
|
5 020
-1%
|
5 191
+3%
|
5 466
+5%
|
5 554
+2%
|
5 891
+6%
|
6 336
+8%
|
6 323
0%
|
6 549
+4%
|
6 675
+2%
|
6 462
-3%
|
6 495
+1%
|
6 277
-3%
|
5 450
-13%
|
5 029
-8%
|
4 667
-7%
|
5 211
+12%
|
5 957
+14%
|
6 557
+10%
|
7 473
+14%
|
7 888
+6%
|
9 264
+17%
|
10 627
+15%
|
11 324
+7%
|
11 422
+1%
|
10 756
-6%
|
10 434
-3%
|
10 511
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 097)
|
(1 797)
|
(1 778)
|
(1 811)
|
(1 994)
|
(1 882)
|
(1 784)
|
(1 677)
|
(1 440)
|
(1 334)
|
(1 238)
|
(1 102)
|
(1 164)
|
(1 187)
|
(1 165)
|
(1 281)
|
(1 386)
|
(1 552)
|
(1 761)
|
(1 934)
|
(1 942)
|
(1 992)
|
(2 023)
|
(1 955)
|
(1 920)
|
(1 893)
|
(1 442)
|
(1 227)
|
(1 060)
|
(1 195)
|
(1 489)
|
(1 798)
|
(2 206)
|
(2 394)
|
(2 938)
|
(3 428)
|
(3 583)
|
(3 491)
|
(3 174)
|
(2 877)
|
(2 948)
|
|
Gross Profit |
9 682
N/A
|
9 133
-6%
|
8 905
-2%
|
8 933
+0%
|
8 622
-3%
|
7 702
-11%
|
6 931
-10%
|
5 972
-14%
|
5 070
-15%
|
4 599
-9%
|
3 984
-13%
|
3 658
-8%
|
3 598
-2%
|
3 860
+7%
|
3 855
0%
|
3 910
+1%
|
4 080
+4%
|
4 002
-2%
|
4 130
+3%
|
4 402
+7%
|
4 381
0%
|
4 557
+4%
|
4 652
+2%
|
4 507
-3%
|
4 575
+2%
|
4 384
-4%
|
4 008
-9%
|
3 802
-5%
|
3 607
-5%
|
4 016
+11%
|
4 468
+11%
|
4 759
+7%
|
5 267
+11%
|
5 494
+4%
|
6 326
+15%
|
7 199
+14%
|
7 741
+8%
|
7 931
+2%
|
7 582
-4%
|
7 557
0%
|
7 563
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6 547)
|
(6 459)
|
(6 866)
|
(6 955)
|
(6 686)
|
(7 082)
|
(6 921)
|
(7 102)
|
(7 422)
|
(8 694)
|
(6 863)
|
(6 520)
|
(6 976)
|
(6 690)
|
(6 395)
|
(6 243)
|
(5 255)
|
(4 862)
|
(4 523)
|
(4 326)
|
(3 852)
|
(3 882)
|
(3 870)
|
(3 808)
|
(3 989)
|
(4 259)
|
(4 271)
|
(4 247)
|
(4 000)
|
(3 633)
|
(3 542)
|
(3 355)
|
(3 259)
|
(3 421)
|
(3 317)
|
(3 559)
|
(3 894)
|
(4 220)
|
(4 449)
|
(4 559)
|
(4 666)
|
|
Selling, General & Administrative |
(2 830)
|
(3 332)
|
(3 807)
|
(2 766)
|
(2 622)
|
(2 638)
|
(2 604)
|
(2 581)
|
(2 586)
|
(2 467)
|
(2 374)
|
(2 274)
|
(2 290)
|
(2 209)
|
(2 117)
|
(2 054)
|
(1 865)
|
(1 810)
|
(1 758)
|
(1 703)
|
(1 607)
|
(1 562)
|
(1 519)
|
(1 521)
|
(1 634)
|
(1 686)
|
(1 695)
|
(1 676)
|
(1 575)
|
(1 529)
|
(1 545)
|
(1 562)
|
(1 569)
|
(1 633)
|
(1 685)
|
(1 783)
|
(1 983)
|
(2 078)
|
(2 189)
|
(2 264)
|
(2 303)
|
|
Research & Development |
(1 031)
|
(945)
|
(1 206)
|
(1 127)
|
(840)
|
(990)
|
(620)
|
(674)
|
(881)
|
(744)
|
(853)
|
(787)
|
(1 442)
|
(1 368)
|
(1 221)
|
(1 184)
|
(507)
|
(489)
|
(499)
|
(627)
|
(362)
|
(356)
|
(337)
|
(218)
|
(233)
|
(388)
|
(376)
|
(397)
|
(351)
|
(195)
|
(212)
|
(177)
|
(162)
|
(172)
|
(157)
|
(179)
|
(208)
|
(231)
|
(297)
|
(304)
|
(317)
|
|
Depreciation & Amortization |
(2 686)
|
(2 733)
|
(2 904)
|
(3 062)
|
(3 224)
|
(3 454)
|
(3 697)
|
(3 847)
|
(3 955)
|
(3 867)
|
(3 636)
|
(3 459)
|
(3 244)
|
(3 113)
|
(3 057)
|
(3 005)
|
(2 883)
|
(2 563)
|
(2 266)
|
(1 996)
|
(1 883)
|
(1 964)
|
(2 014)
|
(2 069)
|
(2 122)
|
(2 185)
|
(2 200)
|
(2 174)
|
(2 074)
|
(1 909)
|
(1 785)
|
(1 616)
|
(1 528)
|
(1 469)
|
(1 475)
|
(1 597)
|
(1 703)
|
(1 857)
|
(1 963)
|
(1 991)
|
(2 046)
|
|
Other Operating Expenses |
0
|
551
|
1 051
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 616)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(147)
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
|
Operating Income |
3 135
N/A
|
2 674
-15%
|
2 039
-24%
|
1 978
-3%
|
1 936
-2%
|
620
-68%
|
10
-98%
|
(1 130)
N/A
|
(2 352)
-108%
|
(4 095)
-74%
|
(2 879)
+30%
|
(2 862)
+1%
|
(3 378)
-18%
|
(2 830)
+16%
|
(2 540)
+10%
|
(2 333)
+8%
|
(1 175)
+50%
|
(860)
+27%
|
(393)
+54%
|
76
N/A
|
529
+596%
|
675
+28%
|
782
+16%
|
699
-11%
|
586
-16%
|
125
-79%
|
(263)
N/A
|
(445)
-69%
|
(393)
+12%
|
383
N/A
|
926
+142%
|
1 404
+52%
|
2 008
+43%
|
2 073
+3%
|
3 009
+45%
|
3 640
+21%
|
3 847
+6%
|
3 711
-4%
|
3 133
-16%
|
2 998
-4%
|
2 897
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(406)
|
(381)
|
(349)
|
(338)
|
(323)
|
(327)
|
(328)
|
(337)
|
(341)
|
(341)
|
(340)
|
(340)
|
(312)
|
(338)
|
(325)
|
(303)
|
(310)
|
(324)
|
(355)
|
(396)
|
(404)
|
(409)
|
(405)
|
(393)
|
(377)
|
(392)
|
(414)
|
(442)
|
(474)
|
(477)
|
(474)
|
(480)
|
(483)
|
(489)
|
(492)
|
(492)
|
(509)
|
(507)
|
(510)
|
(502)
|
(482)
|
|
Non-Reccuring Items |
(289)
|
(195)
|
(201)
|
(289)
|
0
|
0
|
(385)
|
(385)
|
(1 616)
|
0
|
(1 231)
|
(1 311)
|
(215)
|
(215)
|
(215)
|
(2 638)
|
(4 203)
|
(4 230)
|
(4 256)
|
(1 753)
|
(53)
|
(26)
|
0
|
0
|
0
|
(2 126)
|
(2 126)
|
(2 126)
|
(2 126)
|
0
|
(147)
|
(147)
|
(147)
|
0
|
0
|
(54)
|
(54)
|
0
|
(136)
|
(82)
|
(82)
|
|
Gain/Loss on Disposition of Assets |
2 174
|
1 496
|
1 164
|
1 200
|
823
|
813
|
34
|
53
|
51
|
0
|
0
|
0
|
23
|
23
|
25
|
299
|
(86)
|
(79)
|
(70)
|
(330)
|
32
|
25
|
36
|
22
|
22
|
0
|
8
|
8
|
87
|
87
|
0
|
108
|
29
|
51
|
54
|
25
|
101
|
79
|
76
|
78
|
2
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
71
|
116
|
84
|
28
|
31
|
(21)
|
(35)
|
(4)
|
32
|
65
|
85
|
116
|
116
|
107
|
18
|
(10)
|
0
|
(36)
|
46
|
56
|
61
|
156
|
82
|
83
|
98
|
109
|
121
|
161
|
165
|
168
|
168
|
136
|
|
Pre-Tax Income |
4 614
N/A
|
3 594
-22%
|
2 653
-26%
|
2 551
-4%
|
2 436
-5%
|
1 106
-55%
|
(669)
N/A
|
(1 799)
-169%
|
(4 258)
-137%
|
(4 365)
-3%
|
(4 334)
+1%
|
(4 428)
-2%
|
(3 854)
+13%
|
(3 329)
+14%
|
(3 076)
+8%
|
(5 010)
-63%
|
(5 778)
-15%
|
(5 461)
+5%
|
(5 009)
+8%
|
(2 318)
+54%
|
220
N/A
|
381
+73%
|
520
+36%
|
346
-33%
|
221
-36%
|
(2 393)
N/A
|
(2 831)
-18%
|
(2 959)
-5%
|
(2 850)
+4%
|
54
N/A
|
461
+754%
|
967
+110%
|
1 490
+54%
|
1 733
+16%
|
2 680
+55%
|
3 240
+21%
|
3 546
+9%
|
3 448
-3%
|
2 731
-21%
|
2 660
-3%
|
2 471
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(571)
|
(349)
|
(34)
|
64
|
(744)
|
(154)
|
94
|
626
|
1 299
|
1 294
|
1 443
|
1 459
|
(2 222)
|
(2 555)
|
(2 852)
|
(1 194)
|
1 837
|
1 751
|
1 629
|
(466)
|
(335)
|
(356)
|
(374)
|
(369)
|
(461)
|
(288)
|
(147)
|
(36)
|
11
|
(191)
|
(322)
|
(460)
|
(600)
|
(674)
|
(880)
|
(1 019)
|
(1 099)
|
(1 078)
|
(910)
|
(843)
|
(733)
|
|
Income from Continuing Operations |
4 043
|
3 245
|
2 619
|
2 615
|
1 692
|
952
|
(575)
|
(1 173)
|
(2 959)
|
(3 071)
|
(2 891)
|
(2 969)
|
(6 076)
|
(5 884)
|
(5 928)
|
(6 204)
|
(3 941)
|
(3 710)
|
(3 380)
|
(2 784)
|
(115)
|
25
|
146
|
(23)
|
(240)
|
(2 681)
|
(2 978)
|
(2 995)
|
(2 839)
|
(137)
|
139
|
507
|
890
|
1 059
|
1 800
|
2 221
|
2 447
|
2 370
|
1 821
|
1 817
|
1 738
|
|
Income to Minority Interest |
(170)
|
(208)
|
(22)
|
(46)
|
(57)
|
(22)
|
(23)
|
(28)
|
(49)
|
(70)
|
(89)
|
(84)
|
(56)
|
(63)
|
(76)
|
(85)
|
(133)
|
(146)
|
(157)
|
(171)
|
(167)
|
(169)
|
(166)
|
(167)
|
(168)
|
(192)
|
(209)
|
(223)
|
(254)
|
(271)
|
(300)
|
(310)
|
(331)
|
(335)
|
(336)
|
(357)
|
(351)
|
(345)
|
(344)
|
(351)
|
(356)
|
|
Net Income (Common) |
5 052
N/A
|
4 162
-18%
|
3 662
-12%
|
4 250
+16%
|
2 317
-45%
|
1 542
-33%
|
44
-97%
|
(1 243)
N/A
|
(3 056)
-146%
|
(3 182)
-4%
|
(3 019)
+5%
|
(3 091)
-2%
|
(6 173)
-100%
|
(5 994)
+3%
|
(6 050)
-1%
|
(6 334)
-5%
|
(4 120)
+35%
|
(3 901)
+5%
|
(3 583)
+8%
|
(3 001)
+16%
|
(328)
+89%
|
(183)
+44%
|
(47)
+74%
|
(206)
-338%
|
(412)
-100%
|
(2 873)
-597%
|
(3 187)
-11%
|
(3 218)
-1%
|
(3 093)
+4%
|
(408)
+87%
|
(161)
+61%
|
197
N/A
|
559
+184%
|
724
+30%
|
1 464
+102%
|
1 864
+27%
|
2 096
+12%
|
2 025
-3%
|
1 477
-27%
|
1 466
-1%
|
1 382
-6%
|
|
EPS (Diluted) |
14.6
N/A
|
13.17
-10%
|
11.66
-11%
|
13.93
+19%
|
7.52
-46%
|
5.42
-28%
|
0.15
-97%
|
-4.37
N/A
|
-10.76
-146%
|
-10.6
+1%
|
-9.64
+9%
|
-9.87
-2%
|
-19.92
-102%
|
-19.08
+4%
|
-19.26
-1%
|
-20.1
-4%
|
-13.12
+35%
|
-12.58
+4%
|
-12.02
+4%
|
-10.2
+15%
|
-1.1
+89%
|
-0.62
+44%
|
-0.16
+74%
|
-0.68
-325%
|
-1.37
-101%
|
-9.45
-590%
|
-10.44
-10%
|
-10.55
-1%
|
-10.15
+4%
|
-1.32
+87%
|
-0.54
+59%
|
0.63
N/A
|
1.81
+187%
|
2.33
+29%
|
4.72
+103%
|
6.02
+28%
|
6.77
+12%
|
6.59
-3%
|
4.8
-27%
|
4.77
-1%
|
4.49
-6%
|