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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues and Non-Operating Income      
Sales and other operating revenues $ 12,896 $ 10,511 $ 11,324
Gains on asset sales, net 1 2 101
Other, net 121 132 145
Total revenues and non-operating income 13,018 10,645 11,570
Costs and Expenses      
Marketing, including purchased oil and gas 2,620 2,732 3,328
Operating costs and expenses 1,961 1,776 1,452
Production and severance taxes 234 216 255
Exploration expenses, including dry holes and lease impairment 326 317 208
General and administrative expenses 492 527 531
Interest expense 412 478 493
Depreciation, depletion and amortization 2,487 2,046 1,703
Impairment 132 82 54
Total costs and expenses 8,664 8,174 8,024
Income Before Income Taxes 4,354 2,471 3,546
Provision for income taxes 1,202 733 1,099
Net Income 3,152 1,738 2,447
Less: Net income attributable to noncontrolling interests 383 356 351
Net Income Attributable to Hess Corporation $ 2,769 $ 1,382 $ 2,096
Net Income Attributable to Hess Corporation Per Common Share:      
Basic (in dollars per share) $ 9.03 $ 4.52 $ 6.80
Diluted (in dollars per share) $ 8.98 $ 4.49 $ 6.77
Weighted Average Number of Common Shares Outstanding:      
Shares outstanding – Basic (in shares) 306.8 305.9 308.1
Weighted Average Number of Common Shares Outstanding (Diluted) (in shares) 308.3 307.6 309.6
Common Stock Dividends Per Share (in dollars per share) $ 1.875 $ 1.75 $ 1.50