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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, 2023 $ 9,602 $ 307 $ 6,495 $ 2,318 $ (134) $ 8,986 $ 616
Net Income 1,067     972   972 95
Other comprehensive income (loss) 0            
Share-based compensation 45 1 50 (6)   45  
Dividends on common stock (135)     (135)   (135)  
Sale of Class A shares of Hess Midstream LP 94           94
Repurchase of Class B units of Hess Midstream Operations LP (53)           (53)
Noncontrolling interests, net (89)           (89)
Balance at Mar. 31, 2024 10,531 308 6,545 3,149 (134) 9,868 663
Balance at Dec. 31, 2024 12,003 308 6,616 4,500 (208) 11,216 787
Net Income 522     430   430 92
Other comprehensive income (loss) 2       2 2  
Share-based compensation 27 1 46 (20)   27  
Dividends on common stock (154)     (154)   (154)  
Sale of Class A shares of Hess Midstream LP 129           129
Repurchase of Class B units of Hess Midstream Operations LP (50)           (50)
Noncontrolling interests, net (94)           (94)
Balance at Mar. 31, 2025 $ 12,385 $ 309 $ 6,662 $ 4,756 $ (206) $ 11,521 $ 864