Hess Historical Income Statement
| HES Stock | USD 150.26 1.36 0.90% |
Historical analysis of Hess income statement accounts such as Total Revenue of 14.8 B or Gross Profit of 3.7 B can show how well Hess Corporation performed in making a profits. Evaluating Hess income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hess's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Hess latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hess is a good buy for the upcoming year.
Hess |
About Hess Income Statement Analysis
Hess Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hess shareholders. The income statement also shows Hess investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Hess Income Statement Chart
Hess Corporation Income Statement is one of the three primary financial statements used for reporting Hess's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hess revenue and expense. Hess Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Hess' Net Income is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 2.1 B in 2024, whereas EBITDA is likely to drop slightly above 2.7 B in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Hess generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hess. It is also known as Hess overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Hess income statement and represents the costs associated with goods and services Hess provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Hess' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hess current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Hess' Net Income is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 2.1 B in 2024, whereas EBITDA is likely to drop slightly above 2.7 B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 2.5B | 3.9B | 527M | 500.7M | Cost Of Revenue | 2.9B | 3.4B | 7.1B | 11.1B |
Hess income statement Correlations
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Hess Account Relationship Matchups
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Hess income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.1B | 2.1B | 1.5B | 1.7B | 2.2B | 1.7B | |
| Interest Expense | 380M | 468M | 481M | 493M | 528M | 554.4M | |
| Total Revenue | 6.5B | 4.7B | 7.5B | 11.3B | 10.7B | 14.8B | |
| Gross Profit | 3.0B | 1.3B | 4.5B | 7.9B | 3.6B | 3.7B | |
| Other Operating Expenses | 5.9B | 5.1B | 5.5B | 7.3B | 7.6B | 13.4B | |
| Operating Income | 579M | (343M) | 2.1B | 4.1B | 3.1B | 3.3B | |
| Ebit | 579M | (343M) | 2.1B | 4.1B | 3.1B | 3.3B | |
| Ebitda | 2.7B | 1.7B | 3.6B | 5.8B | 5.3B | 2.7B | |
| Cost Of Revenue | 3.5B | 3.4B | 2.9B | 3.4B | 7.1B | 11.1B | |
| Total Operating Expenses | 2.4B | 1.6B | 2.5B | 3.9B | 527M | 500.7M | |
| Income Before Tax | 221M | (2.9B) | 1.5B | 3.7B | 2.5B | 2.6B | |
| Total Other Income Expense Net | (358M) | (2.5B) | (599M) | (446M) | (643M) | (610.9M) | |
| Net Income | (240M) | (2.8B) | 890M | 2.1B | 1.4B | 1.5B | |
| Income Tax Expense | 461M | (11M) | 600M | 1.1B | 733M | 546.9M | |
| Selling General Administrative | 397M | 357M | 340M | 430M | 527M | 425.1M | |
| Net Income Applicable To Common Shares | (412M) | (3.1B) | 559M | 2.2B | 2.0B | 2.1B | |
| Selling And Marketing Expenses | 1.7B | 936M | 2.0B | 3.3B | 2.7B | 1.4B | |
| Minority Interest | 168M | 254M | (331M) | (351M) | (315.9M) | (300.1M) | |
| Net Income From Continuing Ops | (240M) | (2.8B) | 890M | 2.6B | 1.8B | 1.9B | |
| Non Recurring | 233M | 2.5B | 162M | 208M | 187.2M | 177.8M | |
| Tax Provision | 461M | (11M) | 600M | 1.1B | 843M | 885.2M | |
| Interest Income | 377M | 468M | 481M | 493M | 567.0M | 438.1M | |
| Net Interest Income | (380M) | (468M) | (481M) | (493M) | (486M) | (510.3M) | |
| Reconciled Depreciation | 2.1B | 2.1B | 1.5B | 1.7B | 2.1B | 1.6B |
Hess Investors Sentiment
The influence of Hess' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hess. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hess' public news can be used to forecast risks associated with an investment in Hess. The trend in average sentiment can be used to explain how an investor holding Hess can time the market purely based on public headlines and social activities around Hess Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hess' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hess' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hess' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hess.
Hess Implied Volatility | 45.4 |
Hess' implied volatility exposes the market's sentiment of Hess Corporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hess' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hess stock will not fluctuate a lot when Hess' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hess in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hess' short interest history, or implied volatility extrapolated from Hess options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Hess Stock analysis
When running Hess' price analysis, check to measure Hess' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hess is operating at the current time. Most of Hess' value examination focuses on studying past and present price action to predict the probability of Hess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess' price. Additionally, you may evaluate how the addition of Hess to your portfolios can decrease your overall portfolio volatility.
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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.