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Weighted Average Common Shares
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Weighted Average Common Shares

9.  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,

 

 

 

2020

 

 

2019

 

 

 

(In millions)

 

Net income (loss) attributable to Hess Corporation Common Stockholders:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(2,366

)

 

$

75

 

Less: Net income (loss) attributable to noncontrolling interests

 

 

67

 

 

 

43

 

Less: Preferred stock dividends

 

 

 

 

 

4

 

Net income (loss) attributable to Hess Corporation Common Stockholders

 

$

(2,433

)

 

$

28

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding:

 

 

 

 

 

 

 

 

Basic

 

 

304.0

 

 

 

297.4

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

Restricted common stock

 

 

 

 

 

1.2

 

Stock options

 

 

 

 

 

0.2

 

Performance share units

 

 

 

 

 

0.9

 

Diluted

 

 

304.0

 

 

 

299.7

 

 

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

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

Restricted common stock

 

 

2,015,659

 

 

 

57,252

 

Stock options

 

 

4,086,340

 

 

 

3,394,418

 

Performance share units

 

 

1,296,356

 

 

 

65,661

 

Common shares from conversion of preferred stock

 

 

 

 

 

3,930,663

 

During the three months ended March 31, 2020, we granted 1,117,009 shares of restricted stock (2019: 941,082), 307,999 performance share units (2019: 234,866) and 686,639 stock options (2019: 526,968).