Hess corporation (HES)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenues and Non-Operating Income
Sales and other operating revenues

6,495

6,323

5,466

4,762

6,636

10,737

11,905

12,245

21,451

33,862

29,614

41,134

31,727

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

-

-

-

-

-

-

-

-

-1,073

-522

-229

44

176

Gains (losses) on asset sales, net

22

32

-86

23

51

823

2,174

584

446

1,208

0

0

21

Other, net

-7

111

11

54

-126

-121

-51

106

32

65

184

-115

80

Total revenues and non-operating income

6,510

6,466

5,391

4,839

6,561

11,439

14,028

12,935

20,856

34,613

29,569

41,063

32,004

Costs and Expenses
Marketing, including purchased oil and gas

1,736

1,771

1,267

1,063

1,294

1,719

1,725

1,333

10,528

23,407

20,961

29,567

22,532

Operating costs and expenses

1,237

1,134

1,443

1,876

2,029

2,034

2,244

2,202

1,876

-

-

-

-

Production and severance taxes

184

171

119

101

146

275

372

550

476

-

-

-

-

Production expenses

-

-

-

-

-

-

-

-

-

1,924

1,805

1,872

1,581

Marketing expenses

-

-

-

-

-

-

-

-

814

1,021

1,008

1,025

944

Exploration expenses, including dry holes and lease impairment

233

362

507

1,442

881

840

1,031

1,070

1,195

865

829

725

515

Other operating expenses

-

-

-

-

-

-

-

-

-

213

183

209

161

General and administrative expenses

397

473

422

414

557

588

673

576

613

662

647

672

614

Interest expense

380

399

325

338

341

323

406

-419

383

361

360

267

256

Loss on debt extinguishment

0

-53

0

-148

0

0

-

-

-

-

-

-

-

Depreciation, depletion and amortization

2,122

1,883

2,883

3,244

3,955

3,224

2,687

2,866

2,373

2,317

2,200

1,999

1,576

Impairment

0

0

4,203

67

1,616

0

289

582

358

532

54

30

-

Total costs and expenses

6,289

6,246

11,169

8,693

10,819

9,003

9,427

9,598

18,616

31,302

28,047

36,366

28,179

Income (Loss) Before Income Taxes

221

220

-5,778

-3,854

-4,258

2,436

4,601

3,337

2,240

3,311

1,522

4,697

3,825

Provision (benefit) for income taxes

461

335

-1,837

2,222

-1,299

744

565

1,529

709

1,173

715

2,340

1,872

Income (Loss) from Continuing Operations

-

-

-

-

-2,959

1,692

4,036

1,808

1,531

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Income Taxes

-

-

-

-

-48

682

1,186

255

145

-

-

-

-

Net Income (Loss)

-240

-115

-3,941

-6,076

-3,007

2,374

5,222

2,063

1,676

2,138

807

2,357

1,953

Less: Net income (loss) attributable to noncontrolling interests

168

167

133

56

49

57

170

38

-27

13

67

-3

121

Net Income (Loss) Attributable to Hess Corporation

-408

-282

-4,074

-6,132

-3,056

2,317

5,052

2,025

1,703

2,125

740

2,360

1,832

Less: Preferred stock dividends

4

46

46

41

0

0

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Hess Corporation Common Stockholders

-412

-328

-4,120

-6,173

-3,056

2,317

-

-

-

-

-

-

-

Net Income (Loss) Per Common Share - Basic:
Continuing operations

-

-

-

-

-10.61

5.57

11.47

5.29

4.62

-

-

-

-

Discontinued operations

-

-

-

-

-0.17

2.06

3.54

0.69

0.43

-

-

-

-

Basic

-1.37

-1.10

-13.12

-19.92

-10.78

7.63

15.01

5.98

5.05

6.52

2.28

7.35

5.86

Net Income (Loss) Per Common Share - Diluted:
Continuing operations

-

-

-

-

-10.61

5.50

11.33

5.26

4.58

-

-

-

-

Discontinued operations

-

-

-

-

-0.17

2.03

3.49

0.69

0.43

-

-

-

-

Diluted

-1.37

-1.10

-13.12

-19.92

-10.78

7.53

14.82

5.95

5.01

6.47

2.27

7.24

5.74

Weighted Average Number of Common Shares Outstanding:
Diluted

301

298

314

309

283

307

340

340

339

328

325

325

319

Common Stock Dividends Per Share

1.00

1.00

1.00

1.00

1.00

1.00

-

-

-

-

-

-

-