Weighted Average Common Shares (Tables)

6 Months Ended

Jun. 30, 2023

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 and weighted average number of common shares used in the basic and diluted earnings per share computations were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(In millions)
Net income attributable to Hess Corporation:
Net income	$	205	$	754	$	633	$	1,259
Less: Net income attributable to noncontrolling interests	86		87		168		175
Net income attributable to Hess Corporation	$	119	$	667	$	465	$	1,084
Weighted average number of common shares outstanding:
Basic	306.0		309.7		305.7		309.3
Effect of dilutive securities
Restricted common stock	0.3		0.6		0.5		0.6
Stock options	0.7		0.6		0.7		0.6
Performance share units	0.5		—		0.5		0.1
Diluted	307.5		310.9		307.4		310.6

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 June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
Restricted common stock	1,789	—	61,489	48
Stock options	189,479	269,748	121,226	172,581
Performance share units	—	29,668	—	30,510