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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues and Non-Operating Income        
Sales and other operating revenues $ 3,191 $ 2,800 $ 9,702 $ 7,500
Gains on asset sales, net 1 2 1 2
Other, net 5 35 90 108
Total revenues and non-operating income 3,197 2,837 9,793 7,610 Close
Costs and Expenses        
Marketing, including purchased oil and gas 713 696 1,967 1,846
Operating costs and expenses 527 467 1,429 1,303
Production and severance taxes 61 61 181 155
Exploration expenses, including dry holes and lease impairment 44 65 187 230
General and administrative expenses 118 115 357 359
Interest expense 100 117 319 362
Depreciation, depletion and amortization 638 499 1,795 1,487
Impairment 132 0 132 82
Total costs and expenses 2,333 2,020 6,367 5,824 Close
Income Before Income Taxes 864 817 3,426 1,786 Close
Provision for income taxes 270 215 914 551 Close
Net Income 594 602 2,512 1,235 Close
Less: Net income attributable to noncontrolling interests 96 98 285 266
Net Income Attributable to Hess Corporation $ 498 $ 504 $ 2,227 $ 969
Net Income Attributable to Hess Corporation Per Common Share:        
Basic (in dollars per share) $ 1.62 $ 1.65 $ 7.26 $ 3.17
Diluted (in dollars per share) $ 1.62 $ 1.64 $ 7.23 $ 3.15
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 306.9 306.1 306.7 305.8
Diluted (in shares) 308.3 307.7 308.2 307.5
Common Stock Dividends Per Share (in dollars per share) $ 0.5000 $ 0.4375 $ 1.3750 $ 1.3125