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%.

Income Statement	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Sales and other operating revenues	2,912	3,194	3,191	3,202
Other, net	26	31	5	53
Losss on asset sales, net	-	0	1	-
Total revenues and non-operating income	2,938	3,225	3,197	3,255
Operating costs and expenses	470	532	527	490
Interest expense	92	93	100	106
General and administrative expenses	271	135	118	115
Impairment	-	0	132	-
Depreciation, depletion and amortization	619	692	638	600
Marketing, including purchased oil and gas	578	653	713	632
Production and severance taxes	51	53	61	64
Exploration expenses, including dry holes and lease impairment	76	139	44	101
Total costs and expenses	2,157	2,297	2,333	2,108
Income before income taxes	781	928	864	1,147
Provision for income taxes	259	288	270	296
Net income	522	640	594	851
Less net income attributable to noncontrolling interests	92	98	96	94
Net income attributable to hess corporation	430	542	498	757

Basic EPS	1.4	1.765	1.62	2.47
Diluted EPS	1.39	1.756	1.62	2.46
Basic Average Shares	307,400,000	307,000,000	306,900,000	306,900,000
Diluted Average Shares	308,600,000	308,700,000	308,300,000	308,300,000

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.