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Statement of Consolidated Equity - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total Hess Stockholders’ Equity
Noncontrolling Interests
Balance at Dec. 31, 2021 $ 7,026 $ 310 $ 6,017 $ 379 $ (406) $ 6,300 $ 726
Net income 2,447     2,096   2,096 351
Other comprehensive income (loss) 275       275 275  
Share-based compensation 137 1 136     137  
Dividends on common stock (465)     (465)   (465)  
Sale of Class A shares of Hess Midstream LP 218   130     130 88
Repurchase of Class B units of Hess Midstream Operations LP (183)   32     32 (215)
Common stock acquired and retired (650) (5) (109) (536)   (650)  
Noncontrolling interests, net (309)           (309)
Balance at Dec. 31, 2022 8,496 306 6,206 1,474 (131) 7,855 641
Net income 1,738     1,382   1,382 356
Other comprehensive income (loss) (3)       (3) (3)  
Share-based compensation 101 1 100     101  
Dividends on common stock (538)     (538)   (538)  
Sale of Class A shares of Hess Midstream LP 333   158     158 175
Repurchase of Class B units of Hess Midstream Operations LP (189)   31     31 (220)
Noncontrolling interests, net (336)           (336)
Balance at Dec. 31, 2023 9,602 307 6,495 2,318 (134) 8,986 616
Net income 3,152     2,769   2,769 383
Other comprehensive income (loss) (74)       (74) (74)  
Share-based compensation 116 1 121 (6)   116  
Dividends on common stock (581)     (581)   (581)  
Sale of Class A shares of Hess Midstream LP 309   0     0 309
Repurchase of Class B units of Hess Midstream Operations LP (157)   0     0 (157)
Noncontrolling interests, net (364)           (364)
Balance at Dec. 31, 2024 $ 12,003 $ 308 $ 6,616 $ 4,500 $ (208) $ 11,216 $ 787