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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues and Non-Operating Income        
Sales and other operating revenues $ 3,202 $ 2,289 $ 6,511 $ 4,700
Other, net 53 31 85 73
Total revenues and non-operating income 3,255 2,320 6,596 4,773 Close
Costs and Expenses        
Marketing, including purchased oil and gas 632 547 1,254 1,150
Operating costs and expenses 490 454 902 836
Production and severance taxes 64 46 120 94
Exploration expenses, including dry holes and lease impairment 101 99 143 165
General and administrative expenses 115 108 239 244
Interest expense 106 122 219 245
Depreciation, depletion and amortization 600 497 1,157 988
Impairment and other 0 82 0 82
Total costs and expenses 2,108 1,955 4,034 3,804 Close
Income Before Income Taxes 1,147 365 2,562 969 Close
Provision for income taxes 296 160 644 336 Close
Net Income 851 205 1,918 633 Close
Less: Net income attributable to noncontrolling interests 94 86 189 168
Net Income Attributable to Hess Corporation $ 757 $ 119 $ 1,729 $ 465
Net Income Attributable to Hess Corporation Per Common Share:        
Basic (in dollars per share) $ 2.47 $ 0.39 $ 5.64 $ 1.52
Diluted (in dollars per share) $ 2.46 $ 0.39 $ 5.61 $ 1.51
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 306.9 306.0 306.6 305.7
Diluted (in shares) 308.3 307.5 308.1 307.4
Common Stock Dividends Per Share (in dollars per share) $ 0.4375 $ 0.4375 $ 0.8750 $ 0.8750