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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues and Non-Operating Income        
Sales and other operating revenues $ 2,955 $ 1,579 $ 5,268 $ 3,477
Gains on asset sales, net 3 0 25 0
Other, net 30 19 66 40
Total revenues and non-operating income 2,988 1,598 5,359 3,517
Costs and Expenses        
Marketing, including purchased oil and gas 843 322 1,525 840
Operating costs and expenses 356 315 669 580
Production and severance taxes 67 44 128 81
Exploration expenses, including dry holes and lease impairment 33 48 76 81
General and administrative expenses 95 84 205 178
Interest expense 121 118 244 235
Depreciation, depletion and amortization 391 385 728 781
Impairment and other 0 147 0 147
Total costs and expenses 1,906 1,463 3,575 2,923
Income (Loss) Before Income Taxes 1,082 135 1,784 594
Provision (benefit) for income taxes 328 122 525 245
Net Income (Loss) 754 13 1,259 349
Less: Net income (loss) attributable to noncontrolling interests 87 86 175 170
Net Income (Loss) Attributable to Hess Corporation $ 667 $ (73) $ 1,084 $ 179
Net Income (Loss) Attributable to Hess Corporation Per Common Share:        
Basic (in dollars per share) $ 2.15 $ (0.24) $ 3.50 $ 0.58
Diluted (in dollars per share) $ 2.15 $ (0.24) $ 3.49 $ 0.58
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 309.7 307.5 309.3 306.7
Diluted (in shares) 310.9 307.5 310.6 308.7
Common Stock Dividends Per Share (in dollars per share) $ 0.375 $ 0.250 $ 0.750 $ 0.500