Hess Net Income from 2010 to 2024

HES Stock  USD 151.78  0.98  0.65%   
Hess Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2024. From the period from 2010 to 2024, Hess Net Income quarterly data regression had mean square error of 9173860.3 T and mean deviation of  2,265,101,333. View All Fundamentals
 
Net Income  
First Reported
1990-03-31
Previous Quarter
504 M
Current Value
413 M
Quarterly Volatility
685.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 554.4 M or Total Revenue of 14.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0109 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
This module can also supplement Hess' financial leverage analysis and stock options assessment as well as various Hess Technical models . Check out the analysis of Hess Correlation against competitors.

Latest Hess' Net Income Growth Pattern

Below is the plot of the Net Income of Hess Corporation over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Hess financial statement analysis. It represents the amount of money remaining after all of Hess Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Hess' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.38 B10 Years Trend
Very volatile
   Net Income   
       Timeline  

Hess Net Income Regression Statistics

Arithmetic Mean14,980,000
Coefficient Of Variation19,520
Mean Deviation2,265,101,333
Median890,000,000
Standard Deviation2,924,123,133
Sample Variance8550496.1T
Range11.2B
R-Value(0.06)
Mean Square Error9173860.3T
R-Squared0
Significance0.83
Slope(39,944,643)
Total Sum of Squares119706945.4T

Hess Net Income History

20241.5 B
20231.4 B
20222.1 B
2021890 M
2020-2.8 B
2019-240 M
2018-282 M

Other Fundumenentals of Hess

Hess Net Income component correlations

About Hess Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hess income statement, its balance sheet, and the statement of cash flows. Hess investors use historical funamental indicators, such as Hess's Net Income, to determine how well the company is positioned to perform in the future. Although Hess investors may use each financial statement separately, they are all related. The changes in Hess's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hess's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hess Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hess. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income1.4 B1.5 B
Net Income Applicable To Common SharesB2.1 B
Net Income From Continuing Ops1.8 B1.9 B
Net Income Per Share 4.52  4.74 
Net Income Per E B T 0.56  0.72 

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When determining whether Hess is a strong investment it is important to analyze Hess' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess' future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:
Check out the analysis of Hess Correlation against competitors.
Note that the Hess information on this page should be used as a complementary analysis to other Hess' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Hess' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Dividend Share
1.75
Earnings Share
4.49
Revenue Per Share
33.655
Quarterly Revenue Growth
0.025
The market value of Hess is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess' value that differs from its market value or its book value, called intrinsic value, which is Hess' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess' market value can be influenced by many factors that don't directly affect Hess' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.