Hess Corporation (HES)

Hess Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,864	1,688	2,486	2,713	1,739	1,545
Cash & Short-Term Investments	1,864	1,688	2,486	2,713	1,739	1,545
Cash Growth	-7.63%	-32.10%	-8.37%	56.01%	12.56%	-42.65%
Accounts Receivable	1,150	1,180	1,041	1,062	710	940
Other Receivables	189	150	121	149	150	230
Receivables	1,339	1,330	1,162	1,211	860	1,170
Inventory	397	304	217	223	378	261
Other Current Assets	107	108	66	199	104	180
Total Current Assets	3,707	3,430	3,931	4,346	3,081	3,156
Property, Plant & Equipment	19,732	18,260	15,794	14,678	14,709	17,560
Long-Term Investments	-	-	-	2	5	1
Goodwill	360	360	360	360	360	360
Long-Term Deferred Tax Assets	607	320	133	71	59	80
Other Long-Term Assets	1,827	1,637	1,477	1,058	607	625
Total Assets	26,233	24,007	21,695	20,515	18,821	21,782
Accounts Payable	391	402	285	220	200	411
Accrued Expenses	1,254	1,272	1,134	1,045	759	1,059
Current Portion of Long-Term Debt	20	311	3	517	10	-
Current Portion of Leases	322	370	221	89	81	199
Current Income Taxes Payable	88	85	47	528	81	97
Other Current Liabilities	865	830	706	665	492	744
Total Current Liabilities	2,940	3,270	2,396	3,064	1,623	2,510
Long-Term Debt	8,576	8,304	8,282	7,945	8,286	7,142
Long-Term Leases	592	615	648	594	698	591
Long-Term Deferred Tax Liabilities	739	608	418	383	342	415
Other Long-Term Liabilities	1,784	1,608	1,455	1,503	1,537	1,418
Total Liabilities	14,631	14,405	13,199	13,489	12,486	12,076
Common Stock	308	307	306	310	307	305
Additional Paid-In Capital	6,587	6,495	6,206	6,017	5,684	5,591
Retained Earnings	4,115	2,318	1,474	379	130	3,535
Comprehensive Income & Other	-189	-134	-131	-406	-755	-699
Total Common Equity	10,821	8,986	7,855	6,300	5,366	8,732
Minority Interest	781	616	641	726	969	974
Shareholders' Equity	11,602	9,602	8,496	7,026	6,335	9,706
Total Liabilities & Equity	26,233	24,007	21,695	20,515	18,821	21,782
Total Debt	9,510	9,600	9,154	9,145	9,075	7,932
Net Cash (Debt)	-7,646	-7,912	-6,668	-6,432	-7,336	-6,387
Net Cash Per Share	-24.81	-25.72	-21.54	-20.80	-24.07	-21.21
Filing Date Shares Outstanding	307.1	306.13	304.87	308.13	305.07	303.2
Total Common Shares Outstanding	307.1	306.14	304.86	308.13	305.06	302.94
Working Capital	767	160	1,535	1,282	1,458	646
Book Value Per Share	35.24	29.35	25.77	20.45	17.59	28.82
Tangible Book Value	10,461	8,626	7,495	5,940	5,006	8,372
Tangible Book Value Per Share	34.06	28.18	24.58	19.28	16.41	27.64

Source: S&P Capital IQ. Standard template. Financial Sources.