Weighted Average Common Shares

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Weighted Average Common Shares

9. 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 March 31,
	2025		2024
	(In millions)
Net income attributable to Hess Corporation:
Net income	$	522	$	1,067
Less: Net income attributable to noncontrolling interests	92		95
Net income attributable to Hess Corporation	$	430	$	972
Weighted average number of common shares outstanding:
Basic	307.4		306.4
Effect of dilutive securities
Restricted common stock	0.5		0.4
Stock options	0.5		0.6
Performance share units	0.2		0.5
Diluted	308.6		307.9

The following table summarizes the number of antidilutive shares excluded from the computation of diluted shares:

	Three Months Ended March 31,
	2025	2024
Restricted common stock	—	174
Stock options	186,591	189,260
Performance share units	—	—

During the three months ended March 31, 2025, we granted 753,794 shares of restricted stock (2024 Q1: 732,691). There were no performance share units or stock options granted in the three months ended March 31, 2025 and 2024.