Weighted Average Common Shares

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Weighted Average Common Shares

10. Weighted Average Common Shares

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 September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
	(In millions)
Net income attributable to Hess Corporation:
Net income	$	594	$	602	$	2,512	$	1,235
Less: Net income attributable to noncontrolling interests	96		98		285		266
Net income attributable to Hess Corporation	$	498	$	504	$	2,227	$	969
Weighted average number of common shares outstanding:
Basic	306.9		306.1		306.7		305.8
Effect of dilutive securities
Restricted common stock	0.4		0.4		0.4		0.5
Stock options	0.6		0.7		0.6		0.7
Performance share units	0.4		0.5		0.5		0.5
Diluted	308.3		307.7		308.2		307.5

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,
	2024	2023	2024	2023
Restricted common stock	7,794	—	3,147	40,993
Stock options	187,247	189,479	188,268	143,977
Performance share units	—	—	—	—

During the nine months ended September 30, 2024, we granted 739,474 shares of restricted stock (2023: 463,209), no performance share units (2023: 130,272) and no stock options (2023: 189,479).