Segment Information

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Segment Information

12.  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 September 30, 2022
Sales and Other Operating Revenues - Third parties	$	3,122	$	—	$	—	$	—	$	3,122
Intersegment Revenues	—		335		—		(335)		—
Sales and Other Operating Revenues	$	3,122	$	335	$	—	$	(335)	$	3,122
Net Income (Loss) attributable to Hess Corporation	$	572	$	68	$	(125)	$	—	$	515
Depreciation, Depletion and Amortization	425		46		—		—		471
Impairment and other	54		—		—		—		54
Provision for Income Taxes	275		7		—		—		282
Capital Expenditures	666		60		—		—		726
For the Three Months Ended September 30, 2021
Sales and Other Operating Revenues - Third parties	$	1,759	$	—	$	—	$	—	$	1,759
Intersegment Revenues	—		304		—		(304)		—
Sales and Other Operating Revenues	$	1,759	$	304	$	—	$	(304)	$	1,759
Net Income (Loss) attributable to Hess Corporation	$	178	$	61	$	(124)	$	—	$	115
Depreciation, Depletion and Amortization	308		41		—		—		349
Provision for Income Taxes	140		3		—		—		143
Capital Expenditures	469		59		—		—		528
For the Nine Months Ended September 30, 2022
Sales and Other Operating Revenues - Third parties	$	8,390	$	—	$	—	$	—	$	8,390
Intersegment Revenues	—		961		—		(961)		—
Sales and Other Operating Revenues	$	8,390	$	961	$	—	$	(961)	$	8,390
Net Income (Loss) attributable to Hess Corporation	$	1,755	$	205	$	(361)	$	—	$	1,599
Depreciation, Depletion and Amortization	1,062		135		2		—		1,199
Impairment and other	54		—		—		—		54
Provision for Income Taxes	788		19		—		—		807
Capital Expenditures	1,802		169		—		—		1,971
For the Nine Months Ended September 30, 2021
Sales and Other Operating Revenues - Third parties	$	5,236	$	—	$	—	$	—	$	5,236
Intersegment Revenues	—		887		—		(887)		—
Sales and Other Operating Revenues	$	5,236	$	887	$	—	$	(887)	$	5,236
Net Income (Loss) attributable to Hess Corporation	$	461	$	212	$	(379)	$	—	$	294
Depreciation, Depletion and Amortization	1,007		122		1		—		1,130
Impairment and other	147		—		—		—		147
Provision for Income Taxes	379		9		—		—		388
Capital Expenditures	1,145		129		—		—		1,274

Identifiable assets by operating segment were as follows:

	September 30, 2022		December 31, 2021
	(In millions)
Exploration and Production	$	15,172	$	14,173
Midstream	3,780		3,671
Corporate, Interest and Other	2,691		2,671
Total	$	21,643	$	20,515