Hess corporation (HES)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
Cash Flows From Operating Activities
Net income (loss)

-2,366

-183

-166

34

75

34

3

-87

-65

-2,635

-593

-417

-296

-4,898

-317

-373

-488

-1,799

-252

-567

-389

-7

1,030

930

421

1,915

418

1,616

1,273

376

592

535

560

-134

267

569

974

83

1,091

396

568

370

352

102

-17

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
(Gains) losses on asset sales, net

-

-

-

-

-

0

14

11

7

-362

274

2

0

-

-

-

-

-

-

-

-

-

-

779

10

380

-5

1,111

688

172

376

0

36

0

103

0

343

0

1,150

0

58

-

-

-

-

Depreciation, depletion and amortization

561

586

544

494

498

533

489

444

417

646

759

741

737

768

811

797

868

983

988

1,028

956

875

838

785

726

713

681

604

689

730

728

746

662

641

586

588

558

633

584

558

542

584

572

558

486

Impairment

2,126

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exploratory dry hole costs

135

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from equity investment in HOVENSA L.L.C.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-940

-36

-49

-48

-348

-83

-6

-85

-64

-49

-157

41

Loss from equity affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

9

-93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exploratory dry hole costs

-

-

-

-

-

-

-

-

-

-

-

-

-

830

16

133

85

230

4

7

169

4

11

277

9

257

19

38

30

167

84

38

88

4

83

143

208

-

-

-

-

-

-

-

-

Exploration lease and other impairment

32

3

3

4

7

9

8

10

10

22

7

8

7

112

9

15

9

43

61

24

54

24

22

129

32

78

39

49

79

60

48

58

57

-

-

-

-

-

-

-

-

-

-

-

-

Stock compensation expense

29

19

18

21

27

19

21

19

13

21

21

22

22

4

22

22

25

26

20

25

26

22

25

18

22

8

18

22

12

23

23

24

13

9

29

28

20

28

30

30

24

29

31

28

40

Noncash (gains) losses on commodity derivatives, net

-70

-29

-29

-29

-29

-48

-49

-47

-38

-54

-13

-30

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision (benefit) for deferred income taxes and other tax accruals

-85

22

-4

0

-1

-92

6

2

-36

54

-2,008

-20

-27

3,173

-312

-310

-351

-500

-285

-187

-347

50

148

-40

112

-819

180

90

122

-499

-30

88

-143

-475

-223

4

-5

-253

-180

-81

19

-114

-20

-247

-57

Loss on debt extinguishment

-

-

-

-

-

0

0

-26

-27

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exploratory dry hole costs and lease impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77

-

102

212

92

(Income) loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

-13

-14

-13

-2

671

-44

57

997

62

-3

130

157

82

-5

21

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable

-258

254

59

-47

117

-109

179

57

11

252

207

-4

-115

182

-199

238

-317

-304

-268

98

-319

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in inventories

-31

-28

11

4

29

-23

36

-8

7

16

-4

-3

55

-76

24

-38

13

-46

-30

20

27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accounts payable and accrued liabilities

-263

131

3

74

-204

228

-76

71

-135

145

-39

-35

-115

179

-69

163

-360

25

-361

134

-222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in taxes payable

-63

-6

8

6

8

-11

43

-33

-1

-37

38

-41

6

37

-9

-4

-15

8

-233

17

-14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in other operating assets and liabilities

20

133

20

8

55

56

10

27

33

8

136

128

45

-88

74

19

137

40

-79

112

91

-285

61

365

231

-757

292

84

590

230

-623

343

213

115

11

-308

325

16

-136

39

432

-686

606

32

40

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

349

-

332

197

-60

627

292

650

447

1,086

1,311

990

1,117

906

1,006

1,227

797

1,526

1,818

1,210

967

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

-10

-10

-11

-12

11

-87

41

872

248

20

22

44

44

30

21

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

445

286

443

675

238

881

423

425

210

-

-

-

-

-

-

-

-

623

282

640

436

1,074

1,322

903

1,158

1,778

1,254

1,247

819

1,570

1,862

1,240

988

1,138

1,022

1,689

1,135

1,478

1,246

981

825

1,271

534

616

625

Cash Flows From Investing Activities
Additions to property, plant and equipment - E&P

740

713

635

564

521

589

472

430

363

513

489

446

340

399

461

547

567

720

918

1,063

1,251

1,181

1,346

1,194

1,146

1,024

1,407

1,466

1,516

1,754

2,135

1,937

1,856

2,050

2,434

1,375

1,082

2,341

1,462

901

788

925

604

685

704

Additions to property, plant and equipment - Midstream

78

112

74

60

150

75

68

63

37

41

24

34

50

88

68

68

53

215

45

49

60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for Midstream equity investments

0

0

10

16

7

0

26

17

24

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from asset sales, net of cash sold

-

-

-

-

-

0

574

27

6

2,513

604

79

100

60

0

80

0

-

-

-

-

0

131

1,610

1,237

656

3

2,473

1,326

187

524

0

132

0

131

0

359

0

0

0

183

-

-

-

-

Other, net

0

0

2

-1

2

1

3

1

4

0

1

0

0

-3

-3

-8

-7

0

31

3

10

56

12

67

57

120

60

39

66

38

-16

16

26

-24

17

46

11

-75

-11

19

17

32

6

-18

-14

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-290

-

-526

-527

-613

-910

-969

-1,115

-1,321

-1,584

-1,227

349

34

-1,012

-1,464

968

-256

-1,605

-1,595

-1,953

-1,750

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

13

0

95

29

2,812

-109

-296

2,174

-23

-32

-5

-64

-22

-40

-22

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-818

-825

-721

-617

-680

-665

5

-484

-422

-

-

-

-

-

-

-

-

-909

-956

-1,115

-1,226

-1,555

1,585

240

-262

1,162

-1,487

936

-261

-1,669

-1,617

-1,993

-1,772

-2,091

-2,320

-1,421

-734

-2,266

-1,451

-920

-622

-957

-610

-667

-690

Cash Flows From Financing Activities
Net borrowings (repayments) of debt with maturities of 90 days or less

60

-144

16

-39

199

0

0

0

0

-168

11

-1

5

57

6

-25

5

-

-

-

-

-

-

-

-

-435

435

-835

-913

65

-114

1,116

581

-

-

-

0

-

-

-

-

0

0

0

-850

Debt with maturities of greater than 90 days – Borrowings

1,000

-

-

-

0

-

-

-

-

800

0

0

0

0

1,496

0

0

0

600

0

0

-

-

-

-

0

350

0

185

182

45

13

390

408

10

0

4

17

1,261

0

0

744

0

1

1,246

Debt with maturities of greater than 90 days - Repayments

0

0

3

2

3

23

19

157

434

352

30

51

26

649

771

18

17

16

17

17

17

37

53

167

333

-19

413

853

24

1

24

326

82

50

1

14

35

12

11

15

142

656

-1

16

23

Payments on finance lease obligations

1

2

2

22

23

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

557

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,087

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock acquired and retired

0

0

0

0

25

245

230

519

371

110

0

0

0

-

-

-

-

0

64

11

67

1,077

903

692

1,043

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

81

75

77

76

88

83

86

87

89

90

91

90

92

90

91

89

80

72

71

72

72

71

76

77

79

81

85

34

35

35

34

34

68

0

34

34

68

0

33

32

66

0

33

33

65

Employee stock options exercised, including income tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9

43

115

33

44

42

11

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncontrolling interests, net

-63

-312

-14

-14

-13

-175

-13

-11

-12

-35

-33

-175

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-7

-6

13

3

1

0

16

15

-3

-26

-1

-7

8

6

-12

0

-38

0

-21

0

8

-

-

-

-

-

-

-

-

-

1

0

8

-

-44

6

58

-

-22

-21

13

-

2

5

6

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-105

-

628

-132

1,514

-11

2,756

-100

-148

-1,190

-992

-224

-1,422

-1,439

-171

-1,900

-756

213

-126

769

829

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-8

0

-2

0

0

0

-3

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

908

221

-67

-150

48

-526

-332

-759

-909

-

-

-

-

-

-

-

-

-11

2,756

-100

-148

-1,195

-992

-226

-1,422

-1,447

-171

-1,902

-756

213

-126

766

829

477

-69

-42

-41

43

1,195

-68

-195

91

-30

-43

314

Net Increase (Decrease) in Cash and Cash Equivalents

535

-318

-345

-92

-394

-310

96

-818

-1,121

2,321

34

-194

-46

-797

434

-462

841

-297

2,082

-575

-938

-1,676

1,915

917

-526

1,493

-404

281

-198

114

119

13

45

-476

-1,367

226

360

-745

990

-7

8

405

-106

-94

249