Financial insights of HES

MyFinsight

For the quarter ending 2025-03-31, HES made $2,912M in revenue. $430M in net income. Net profit margin of 14.77%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-03-31	2024-09-30	2024-06-30	2024-03-31
Sales and other operating revenues	2,912	3,191	3,202	3,309
Other, net	26	5	53	32
Gains on asset sales, net	-	1	-	-
Total revenues and non-operating income	2,938	3,197	3,255	3,341
Operating costs and expenses	470	527	490	412
Interest expense	92	100	106	113
General and administrative expenses	271	118	115	124
Impairment	-	132	-	-
Depreciation, depletion and amortization	619	638	600	557
Marketing, including purchased oil and gas	578	713	632	622
Production and severance taxes	51	61	64	56
Exploration expenses, including dry holes and lease impairment	76	44	101	42
Total costs and expenses	2,157	2,333	2,108	1,926
Income before income taxes	781	864	1,147	1,415
Provision for income taxes	259	270	296	348
Net income	522	594	851	1,067
Less net income attributable to noncontrolling interests	92	96	94	95
Net income attributable to hess corporation	430	498	757	972

Basic eps	1.4	1.62	2.47	3.17
Diluted eps	1.39	1.62	2.46	3.16
Basic average shares	307,400,000	306,900,000	306,900,000	306,400,000
Diluted average shares	308,600,000	308,300,000	308,300,000	307,900,000