XML 23 R5.htm IDEA: XBRL DOCUMENT v3.22.4
Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues and Non-Operating Income      
Sales and other operating revenues $ 11,324 $ 7,473 $ 4,667
Gains on asset sales, net 101 29 87
Other, net 145 81 50
Total revenues and non-operating income 11,570 7,583 4,804
Costs and Expenses      
Marketing, including purchased oil and gas 3,328 2,034 936
Operating costs and expenses 1,452 1,229 1,218
Production and severance taxes 255 172 124
Exploration expenses, including dry holes and lease impairment 208 162 351
General and administrative expenses 531 340 357
Interest expense 493 481 468
Depreciation, depletion and amortization 1,703 1,528 2,074
Impairment and other 54 147 2,126
Total costs and expenses 8,024 6,093 7,654
Income (Loss) Before Income Taxes 3,546 1,490 (2,850)
Provision (benefit) for income taxes 1,099 600 (11)
Net Income (Loss) 2,447 890 (2,839)
Less: Net income (loss) attributable to noncontrolling interests 351 331 254
Net Income (Loss) Attributable to Hess Corporation $ 2,096 $ 559 $ (3,093)
Net Income (Loss) Attributable to Hess Corporation Per Common Share:      
Basic (in dollars per share) $ 6.80 $ 1.82 $ (10.15)
Diluted (in dollars per share) $ 6.77 $ 1.81 $ (10.15)
Weighted Average Number of Common Shares Outstanding:      
Shares outstanding – Basic (in shares) 308.1 307.4 304.8
Weighted Average Number of Common Shares Outstanding (Diluted) (in shares) 309.6 309.3 304.8
Common Stock Dividends Per Share (in dollars per share) $ 1.50 $ 1.00 $ 1.00