Weighted Average Common Shares

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Weighted Average Common Shares

11.  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						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
	(In millions)
Net income (loss) attributable to Hess Corporation Common Stockholders:
Net income (loss)	$	(166	)	$	3		$	(57	)	$	(149	)
Less: Net income (loss) attributable to noncontrolling interests		46			45			129			129
Less: Preferred stock dividends		—			11			4			34
Net income (loss) attributable to Hess Corporation Common Stockholders	$	(212	)	$	(53	)	$	(190	)	$	(312	)
Weighted average number of common shares outstanding:
Basic		302.5			294.3			300.7			300.4
Effect of dilutive securities
Restricted common stock		—			—			—			—
Stock options		—			—			—			—
Performance share units		—			—			—			—
Diluted		302.5			294.3			300.7			300.4

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Restricted common stock		2,074,913		2,898,733		2,272,234		2,890,171
Stock options		4,694,684		5,324,682		4,819,205		5,585,088
Performance share units		1,858,050		1,301,604		1,663,432		999,029
Common shares from conversion of preferred stock		—		12,547,650		1,295,823		12,560,091

During the nine months ended September 30, 2019, we granted 959,168 shares of restricted stock (2018: 1,255,799), 234,866 performance share units (2018: 278,003) and 526,968 stock options (2018: 683,167).