Hess Operating Income from 2010 to 2024

HES Stock  USD 147.98  0.51  0.35%   
Hess Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Hess Corporation generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
1.2 B
Current Value
864 M
Quarterly Volatility
882.9 M
 
Black Monday
 
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 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' Operating Income Growth Pattern

Below is the plot of the Operating Income of Hess Corporation over the last few years. Operating Income is the amount of profit realized from Hess operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hess Corporation is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Hess' Operating 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.
Operating Income10 Years Trend
Pretty Stable
   Operating Income   
       Timeline  

Hess Operating Income Regression Statistics

Arithmetic Mean1,576,453,333
Geometric Mean1,894,572,130
Coefficient Of Variation166.75
Mean Deviation2,153,036,444
Median1,734,000,000
Standard Deviation2,628,802,781
Sample Variance6910604.1T
Range8.7B
R-Value0.24
Mean Square Error7009044.5T
R-Squared0.06
Significance0.39
Slope141,810,714
Total Sum of Squares96748456.8T

Hess Operating Income History

20245.3 B
2023B
20224.1 B
20212.1 B
2020-343 M
2019579 M
2018529 M

Other Fundumenentals of Hess

Hess Operating Income component correlations

0.970.150.910.780.910.87-0.120.710.32-0.760.160.970.720.720.780.75-0.2-0.480.41-0.33-0.20.120.470.48-0.4
0.97-0.080.970.70.780.85-0.210.640.24-0.68-0.040.950.710.710.820.87-0.41-0.590.44-0.38-0.230.20.560.6-0.48
0.15-0.08-0.190.230.5-0.030.310.150.1-0.190.780.130.00.00.01-0.390.830.41-0.120.09-0.14-0.57-0.31-0.540.31
0.910.97-0.190.680.690.81-0.320.660.27-0.68-0.220.880.780.780.80.95-0.54-0.740.53-0.35-0.290.210.640.72-0.58
0.780.70.230.680.850.870.070.960.65-0.97-0.030.670.870.870.450.64-0.09-0.560.680.12-0.20.020.270.33-0.17
0.910.780.50.690.850.810.060.760.43-0.820.40.850.690.690.620.50.14-0.290.37-0.16-0.15-0.040.270.23-0.2
0.870.85-0.030.810.870.81-0.010.820.44-0.85-0.040.780.820.820.630.73-0.32-0.550.59-0.010.00.380.420.55-0.37
-0.12-0.210.31-0.320.070.06-0.01-0.09-0.270.040.27-0.1-0.17-0.17-0.02-0.310.520.4-0.050.450.530.03-0.32-0.540.64
0.710.640.150.660.960.760.82-0.090.73-0.98-0.150.570.880.880.360.65-0.17-0.610.770.14-0.240.090.420.47-0.37
0.320.240.10.270.650.430.44-0.270.73-0.71-0.10.210.520.52-0.270.280.05-0.30.360.1-0.120.040.20.23-0.18
-0.76-0.68-0.19-0.68-0.97-0.82-0.850.04-0.98-0.710.08-0.64-0.86-0.86-0.4-0.650.130.57-0.72-0.080.18-0.09-0.38-0.430.31
0.16-0.040.78-0.22-0.030.4-0.040.27-0.15-0.10.080.22-0.32-0.320.01-0.50.770.68-0.53-0.190.15-0.24-0.37-0.520.33
0.970.950.130.880.670.850.78-0.10.570.21-0.640.220.580.580.790.71-0.18-0.390.26-0.49-0.20.060.40.4-0.3
0.720.710.00.780.870.690.82-0.170.880.52-0.86-0.320.581.00.560.79-0.38-0.810.770.14-0.310.10.50.59-0.46
0.720.710.00.780.870.690.82-0.170.880.52-0.86-0.320.581.00.560.79-0.38-0.810.770.14-0.310.10.50.59-0.46
0.780.820.010.80.450.620.63-0.020.36-0.27-0.40.010.790.560.560.7-0.38-0.50.38-0.33-0.230.090.410.48-0.38
0.750.87-0.390.950.640.50.73-0.310.650.28-0.65-0.50.710.790.790.7-0.69-0.860.66-0.24-0.310.240.660.78-0.56
-0.2-0.410.83-0.54-0.090.14-0.320.52-0.170.050.130.77-0.18-0.38-0.38-0.38-0.690.73-0.440.20.19-0.38-0.45-0.740.55
-0.48-0.590.41-0.74-0.56-0.29-0.550.4-0.61-0.30.570.68-0.39-0.81-0.81-0.5-0.860.73-0.71-0.040.43-0.1-0.45-0.720.49
0.410.44-0.120.530.680.370.59-0.050.770.36-0.72-0.530.260.770.770.380.66-0.44-0.710.33-0.280.080.430.51-0.39
-0.33-0.380.09-0.350.12-0.16-0.010.450.140.1-0.08-0.19-0.490.140.14-0.33-0.240.2-0.040.330.220.08-0.21-0.250.23
-0.2-0.23-0.14-0.29-0.2-0.150.00.53-0.24-0.120.180.15-0.2-0.31-0.31-0.23-0.310.190.43-0.280.220.62-0.06-0.140.19
0.120.2-0.570.210.02-0.040.380.030.090.04-0.09-0.240.060.10.10.090.24-0.38-0.10.080.080.620.490.58-0.45
0.470.56-0.310.640.270.270.42-0.320.420.2-0.38-0.370.40.50.50.410.66-0.45-0.450.43-0.21-0.060.490.76-0.86
0.480.6-0.540.720.330.230.55-0.540.470.23-0.43-0.520.40.590.590.480.78-0.74-0.720.51-0.25-0.140.580.76-0.84
-0.4-0.480.31-0.58-0.17-0.2-0.370.64-0.37-0.180.310.33-0.3-0.46-0.46-0.38-0.560.550.49-0.390.230.19-0.45-0.86-0.84
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About Hess Financial Statements

Hess shareholders use historical fundamental indicators, such as Operating Income, 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
Operating IncomeB5.3 B
Non Operating Income Net Other-61 M-64 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.