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Fundamentals - Annual Income Statement

Fundamentals - Annual Income Statement

  Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Reclassified) Year Ending Dec 2016 (Reclassified)
Net Sales 6,495.00 6,323.00 5,466.00 4,762.00
Revenue 6,495.00 6,323.00 5,466.00 4,762.00
Total Revenue 6,495.00 6,323.00 5,466.00 4,762.00
Cost of Revenue 1,920.00 1,942.00 1,386.00 1,164.00
Cost of Revenue, Total 1,920.00 1,942.00 1,386.00 1,164.00
Gross Profit 4,575.00 4,381.00 4,080.00 3,598.00
Selling/General/Administrative Expense 1,634.00 1,607.00 1,865.00 2,290.00
Selling/General/Administrative Expenses, Total 1,634.00 1,607.00 1,865.00 2,290.00
Research & Development 233.00 362.00 507.00 1,442.00
Depreciation 2,122.00 1,883.00 2,883.00 3,244.00
Depreciation/Amortization 2,122.00 1,883.00 2,883.00 3,244.00
Impairment-Assets Held for Use -- 0.00 4,203.00 67.00
Other Unusual Expense (Income) 0.00 53.00 0.00 148.00
Unusual Expense (Income) 0.00 53.00 4,203.00 215.00
Total Operating Expense 5,909.00 5,847.00 10,844.00 8,355.00
Operating Income 586.00 476.00 -5,378.00 -3,593.00
Interest Expense - Non-Operating -380.00 -399.00 -325.00 -338.00
Interest Capitalized - Non-Operating -- -- -- --
Interest Expense, Net Non-Operating -380.00 -399.00 -325.00 -338.00
Investment Income, Non-Operating -- -5.00 15.00 26.00
Interest/Investment Income, Non-Operating -- -5.00 15.00 26.00
Interest Income (Expense), Net-Non-Operating, Total -380.00 -404.00 -310.00 -312.00
Gain (Loss) on Sale of Assets 22.00 32.00 -86.00 23.00
Other Non-Operating Income (Expense) -7.00 116.00 -4.00 28.00
Other, Net -7.00 116.00 -4.00 28.00
Net Income Before Taxes 221.00 220.00 -5,778.00 -3,854.00
Income Tax – Total 461.00 335.00 -1,837.00 2,222.00
Income After Tax -240.00 -115.00 -3,941.00 -6,076.00
Minority Interest -168.00 -167.00 -133.00 -56.00
Net Income Before Extraordinary Items -408.00 -282.00 -4,074.00 -6,132.00
Discontinued Operations -- -- -- --
Extraordinary Item -- -- 0.00 --
Total Extraordinary Items -- -- 0.00 --
Net Income -408.00 -282.00 -4,074.00 -6,132.00
Preferred Dividends -4.00 -46.00 -46.00 -41.00
Total Adjustments to Net Income -4.00 -46.00 -46.00 -41.00
Income Available to Common Excluding Extraordinary Items -412.00 -328.00 -4,120.00 -6,173.00
Income Available to Common Stocks Including Extraordinary Items -412.00 -328.00 -4,120.00 -6,173.00
Basic Weighted Average Shares 301.20 298.20 314.10 309.90
Basic EPS Excluding Extraordinary Items -1.37 -1.10 -13.12 -19.92
Basic EPS Including Extraordinary Items -1.37 -1.10 -13.12 -19.92
Dilution Adjustment -- -- -- --
Diluted Net Income -412.00 -328.00 -4,120.00 -6,173.00
Diluted Weighted Average Shares 301.20 298.20 314.10 309.90
Diluted EPS Excluding Extraordinary Items -1.37 -1.10 -13.12 -19.92
Diluted EPS Including Extraordinary Items -1.37 -1.10 -13.12 -19.92
DPS - Common Stock Primary Issue 1.00 1.00 1.25 1.00
Dividend per Share – Common Stock Issue 3 1.00 1.00 -- --
Gross Dividends - Common Stock -- 299.00 317.00 317.00
Other Unusual Expense (Income), Supplemental -- -- -- --
Non-Recurring Items, Total -- -- -- --
Total Special Items -22.00 21.00 4,289.00 192.00
Normalized Income Before Taxes 199.00 241.00 -1,489.00 -3,662.00
Effect of Special Items on Income Taxes -7.70 7.35 1,501.15 67.20
Income Taxes Excluding Impact of Special Items 453.30 342.35 -335.85 2,289.20
Normalized Income After Taxes -254.30 -101.35 -1,153.15 -5,951.20
Normalized Income Available to Common -426.30 -314.35 -1,332.15 -6,048.20
Basic Normalized EPS -1.42 -1.05 -4.24 -19.52
Diluted Normalized EPS -1.42 -1.05 -4.24 -19.52
Depreciation, Supplemental 2,122.00 1,883.00 2,883.00 3,244.00
Interest Expense, Supplemental 380.00 399.00 325.00 338.00
Interest Capitalized, Supplemental -- -- -- --
Rental Expense, Supplemental -- 154.00 123.00 106.00
Stock-Based Compensation, Supplemental -- 72.00 86.00 73.00
Equity in Affiliates, Supplemental -- -- -- --
Minority Interest, Supplemental -168.00 -167.00 -133.00 -56.00
Research & Development Expense, Supplemental 233.00 362.00 507.00 1,442.00
Audit-Related Fees, Supplemental -- 6.53 8.07 8.36
Audit-Related Fees -- 1.54 1.07 1.46
Tax Fees, Supplemental -- 2.40 1.88 1.83
All Other Fees Paid to Auditor, Supplemental -- 0.00 0.00 0.00
Gross Margin 70.44 69.29 74.64 75.56
Operating Margin 9.02 7.53 -98.39 -75.45
Pretax Margin 3.40 3.48 -105.71 -80.93
Effective Tax Rate 208.60 152.27 -- --
Net Profit Margin -6.34 -5.19 -75.38 -129.63
Normalized EBIT 586.00 529.00 -1,175.00 -3,378.00
Normalized EBITDA 2,708.00 2,412.00 1,708.00 -134.00
Current Tax - Domestic -- 1.00 -23.00 -27.00
Current Tax - Foreign -- 455.00 -1,987.00 235.00
Current Tax - Local -- -45.00 0.00 23.00
Current Tax - Total -- 411.00 -2,010.00 231.00
Deferred Tax - Domestic -- -74.00 -6.00 1,948.00
Deferred Tax - Foreign -- -2.00 179.00 36.00
Deferred Tax - Local -- -- -- --
Deferred Tax - Other -- -- -- --
Deferred Tax - Total -- -76.00 173.00 1,984.00
Other Tax -- 0.00 0.00 7.00
Income Tax - Total -- 335.00 -1,837.00 2,222.00
Interest Cost - Domestic -- 91.00 102.00 107.00
Service Cost - Domestic -- 42.00 49.00 60.00
Expected Return on Assets - Domestic -- -194.00 -168.00 -166.00
Actuarial Gains and Losses - Domestic -- 39.00 58.00 60.00
Curtailments & Settlements - Domestic -- 4.00 19.00 1.00
Other Pension, Net - Domestic -- 0.00 0.00 1.00
Domestic Pension Plan Expense -- -18.00 60.00 63.00
Interest Cost - Post-Retirement -- 3.00 3.00 3.00
Service Cost - Post-Retirement -- 2.00 4.00 4.00
Actuarial Gains and Losses - Post-Retirement -- -- -- --
Curtailments & Settlements - Post-Retirement -- -2.00 -- --
Post-Retirement Plan Expense -- 3.00 7.00 7.00
Defined Contribution Expense - Domestic -- -- -- --
Total Pension Expense -- -15.00 67.00 70.00
Discount Rate - Domestic -- 3.90 3.70 4.10
Discount Rate - Post-Retirement -- -- -- --
Expected Rate of Return - Domestic -- 7.20 7.30 7.40
Compensation Rate - Domestic -- 4.50 4.60 4.50
Total Plan Interest Cost -- 94.00 105.00 110.00
Total Plan Service Cost -- 44.00 53.00 64.00
Total Plan Expected Return -- -194.00 -168.00 -166.00
Total Plan Other Expense -- 0.00 0.00 1.00
Crude Oil, Avg. Production (Barrels/Day) 169,000.00 146,000.00 177,000.00 191,000.00
Crude Oil Production (Barrels) 61,061,000.00 53,360,000.00 64,745,000.00 69,815,000.00
Gas Liquids, Average Production (Barrels/Day) 47,000.00 39,000.00 42,000.00 44,000.00
Gas Liquids Production (Barrels) 17,067,000.00 14,117,000.00 15,152,000.00 16,038,000.00
Natural Gas, Average Production (Cubic Meters/Day) 16,199,040.00 15,660,960.00 14,726,400.00 14,811,360.00
Natural Gas, Average Sales Price per Cubic Meter 0.14 0.15 0.12 0.12
Natural Gas Production (Cubic Meters) 5,909,392,800.00 5,719,563,840.00 5,369,981,760.00 5,419,400,160.00
Oil Equivalent Production (Barrels/Day) 311,000.00 277,000.00 306,000.00 322,000.00
Exploration and Development Costs 167.00 442.00 322.00 491.00
Retail Sales -- -- -- --
For a more complete picture of our financial results, please review our SEC Filings

In millions of USD (except for per share items)

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