Weighted Average Common Shares

3 Months Ended

Mar. 31, 2019

10. Weighted Average Common Shares

The Net income (loss) and weighted average number of common shares used in the basic and diluted earnings per share computations were as follows:

	Three Months Ended
	March 31,
	2019		2018
	(In millions)
Net income (loss) attributable to Hess Corporation Common Stockholders:

Net income (loss)	$	75	$	(65	)
Less: Net income (loss) attributable to noncontrolling interests		43		41
Less: Preferred stock dividends		4		11
Net income (loss) attributable to Hess Corporation Common Stockholders	$	28	$	(117	)

Weighted average number of common shares outstanding:

Basic		297.4		309.5
Effect of dilutive securities
Restricted common stock		1.2		—
Stock options		0.2		—
Performance share units		0.9		—
Diluted		299.7		309.5

The following table summarizes the number of antidilutive shares excluded from the computation of diluted shares:

	Three Months Ended
	March 31,
	2019		2018
Restricted common stock		57,252		2,922,316
Stock options		3,394,418		5,807,579
Performance share units		65,661		623,088
Common shares from conversion of preferred stocks		3,930,663		12,584,974

During the first quarter of 2019, we granted 941,082 shares of restricted stock (2018: 1,081,923), 234,866 performance share units (2018: 278,003) and 526,968 stock options (2018: 683,167).