Hess Other Operating Expenses from 2010 to 2024

HES Stock  USD 148.65  0.67  0.45%   
Hess Other Operating Expenses yearly trend continues to be comparatively stable with very little volatility. Other Operating Expenses will likely drop to about 5 B in 2024. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
1985-12-31
Previous Quarter
B
Current Value
2.3 B
Quarterly Volatility
2.4 B
 
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' Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Hess Corporation over the last few years. 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. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Hess' Other Operating Expenses 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.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Hess Other Operating Expenses Regression Statistics

Arithmetic Mean11,095,710,000
Geometric Mean8,658,655,935
Coefficient Of Variation89.99
Mean Deviation7,231,049,333
Median6,733,000,000
Standard Deviation9,984,903,459
Sample Variance99698297.1T
Range29.7B
R-Value(0.63)
Mean Square Error64701427.1T
R-Squared0.40
Significance0.01
Slope(1,407,451,607)
Total Sum of Squares1395776159.3T

Hess Other Operating Expenses History

2024B
20235.3 B
20227.3 B
20215.5 B
20205.1 B
20195.9 B
20185.8 B

About Hess Financial Statements

Hess shareholders use historical fundamental indicators, such as Other Operating Expenses, 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
Other Operating Expenses5.3 BB

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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.