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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues and Non-Operating Income    
Sales and other operating revenues $ 3,309 $ 2,411
Other, net 32 42
Total revenues and non-operating income 3,341 2,453 Close
Costs and Expenses    
Marketing, including purchased oil and gas 622 603
Operating costs and expenses 412 382
Production and severance taxes 56 48
Exploration expenses, including dry holes and lease impairment 42 66
General and administrative expenses 124 136
Interest expense 113 123
Depreciation, depletion and amortization 557 491
Total costs and expenses 1,926 1,849 Close
Income Before Income Taxes 1,415 604 Close
Provision for income taxes 348 176 Close
Net Income 1,067 428 Close
Less: Net income attributable to noncontrolling interests 95 82
Net Income Attributable to Hess Corporation $ 972 $ 346
Net Income Attributable to Hess Corporation Per Common Share:    
Basic (in dollars per share) $ 3.17 $ 1.13
Diluted (in dollars per share) $ 3.16 $ 1.13
Weighted Average Number of Common Shares Outstanding:    
Basic (in shares) 306.4 305.4
Diluted (in shares) 307.9 307.3
Common Stock Dividends Per Share (in dollars per share) $ 0.4375 $ 0.4375