Segment Information

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Segment Information

11.  Segment Information

We currently have two operating segments, Exploration and Production and Midstream.  All unallocated costs are reflected under Corporate, Interest and Other.  The following table presents operating segment financial data:

	Exploration and Production			Midstream		Corporate, Interest and Other			Eliminations			Total
	(In millions)
For the Three Months Ended March 31, 2020
Sales and Other Operating Revenues - Third parties	$	1,354		$	—	$	—		$	—		$	1,354
Intersegment Revenues		—			291		—			(291	)		—
Sales and Other Operating Revenues	$	1,354		$	291	$	—		$	(291	)	$	1,354
Net Income (Loss) attributable to Hess Corporation	$	(2,371	)	$	61	$	(123	)	$	—		$	(2,433	)
Depreciation, Depletion and Amortization		521			38		2			—			561
Impairment		2,126			—		—			—			2,126
Provision (Benefit) for Income Taxes		(77	)		2		(4	)		—			(79	)
Capital Expenditures		609			57		—			—			666
For the Three Months Ended March 31, 2019
Sales and Other Operating Revenues - Third parties	$	1,572		$	—	$	—		$	—		$	1,572
Intersegment Revenues		—			190		—			(190	)		—
Sales and Other Operating Revenues	$	1,572		$	190	$	—		$	(190	)	$	1,572
Net Income (Loss) attributable to Hess Corporation	$	109		$	37	$	(114	)	$	—		$	32
Depreciation, Depletion and Amortization		464			34		—			—			498
Provision (Benefit) for Income Taxes		95			—		(1	)		—			94
Capital Expenditures		515			127		—			—			642

Identifiable assets by operating segment were as follows:

	March 31,		December 31,
	2020		2019
	(In millions)
Exploration and Production	$	14,302	$	16,790
Midstream		3,519		3,499
Corporate, Interest and Other		2,896		1,493
Total	$	20,717	$	21,782