Weighted Average Common Shares (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Net Income (Loss) and Weighted Average Number of Common Shares Used in Computation of Basic and Diluted Earnings Per Share

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 September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
	(In millions)
Net income (loss) attributable to Hess Corporation Common Stockholders:
Net income (loss)	$	(183)	$	(166)	$	(2,812)	$	(57)
Less: Net income (loss) attributable to noncontrolling interests	60		46		184		129
Less: Preferred stock dividends	—		—		—		4
Net income (loss) attributable to Hess Corporation Common Stockholders	$	(243)	$	(212)	$	(2,996)	$	(190)
Weighted average number of common shares outstanding:
Basic	305.0		302.5		304.7		300.7
Effect of dilutive securities
Restricted common stock	—		—		—		—
Stock options	—		—		—		—
Performance share units	—		—		—		—
Diluted	305.0		302.5		304.7		300.7

Summary of Antidilutive Shares Excluded from Computation of Diluted Shares

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

	Three Months Ended September 30,		Nine Months Ended September 30,
	2020	2019	2020	2019
Restricted common stock	2,080,613	2,074,913	2,089,778	2,272,234
Stock options	4,424,867	4,694,684	4,301,311	4,819,205
Performance share units	1,083,543	1,858,050	1,124,022	1,663,432
Common shares from conversion of preferred stock	—	—	—	1,295,823