Hess Interest Expense from 2010 to 2024

HES Stock  USD 147.98  0.51  0.35%   
Hess Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-03-31
Previous Quarter
106 M
Current Value
100 M
Quarterly Volatility
37 M
 
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 501.9 M or Total Revenue of 14.8 B, as well as many 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.
  
Check out the analysis of Hess Correlation against competitors.

Latest Hess' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Hess Corporation over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Hess' Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Hess Interest Expense Regression Statistics

Arithmetic Mean382,393,333
Geometric Mean0.00
Coefficient Of Variation32.15
Mean Deviation78,314,667
Median399,000,000
Standard Deviation122,945,310
Sample Variance15115.5T
Range501.9M
R-Value0.69
Mean Square Error8481.5T
R-Squared0.48
Significance0
Slope19,026,071
Total Sum of Squares211617.7T

Hess Interest Expense History

2024501.9 M
2023478 M
2022493 M
2021481 M
2020468 M
2019380 M
2018399 M

About Hess Financial Statements

Hess shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although Hess investors may analyze each financial statement separately, they are all interrelated. The changes in Hess' assets and liabilities, for example, are also reflected in the revenues and expenses on on Hess' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense478 M501.9 M

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Additional 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.