Hess Historical Balance Sheet

HES Stock

USD 151.33 3.28 2.12%

Trend analysis of Hess Corporation balance sheet accounts such as Other Current Liabilities of 2.3 B or Total Current Liabilities of 3.8 B provides information on Hess' total assets, liabilities, and equity, which is the actual value of Hess to its prevalent stockholders. By breaking down trends over time using Hess balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Hess latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hess is a good buy for the upcoming year.

Hess Inventory

288.8 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

About Hess Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Hess at a specified time, usually calculated after every quarter, six months, or one year. Hess Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hess and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hess currently owns. An asset can also be divided into two categories, current and non-current.

Hess Balance Sheet Chart

Hess Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Hess uses and utilizes its capital. It also shows what exactly a company owns and owes.

At this time, Hess' Other Liabilities is comparatively stable compared to the past year. Additional Paid In Capital is likely to gain to about 12.3 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 5.1 B in 2024.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Total Stockholder Equity Total Liab

Add Fundamental

Total Assets

Total assets refers to the total amount of Hess assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hess books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Hess balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hess Corporation are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most accounts from Hess' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hess current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	9.1B	9.2B	9.6B	5.1B
Total Assets	20.5B	21.7B	24.0B	20.3B

Short Long Term Debt Total Total Assets

Hess balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Current Deferred Revenue	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		0.13	0.84	0.81	0.97	0.97	0.15	0.91	-0.03	0.99	0.18	-0.03	0.78	0.73	0.8	0.33	0.84	-0.32	0.91	0.87	-0.01	0.71	0.32	-0.76	0.62	0.4
Short Long Term Debt Total	0.13		-0.07	-0.06	-0.07	0.21	0.82	-0.24	0.33	0.17	0.11	0.33	-0.06	0.36	0.67	-0.54	-0.02	0.34	0.38	-0.06	0.19	-0.14	-0.12	0.08	0.78	0.4
Other Current Liab	0.84	-0.07		0.98	0.78	0.72	0.19	0.78	-0.43	0.8	-0.12	-0.43	0.97	0.73	0.59	0.7	0.96	-0.64	0.87	0.89	0.1	0.94	0.59	-0.96	0.4	0.27
Total Current Liabilities	0.81	-0.06	0.98		0.74	0.68	0.21	0.72	-0.44	0.77	-0.12	-0.44	0.98	0.77	0.57	0.67	0.92	-0.58	0.86	0.89	0.24	0.93	0.54	-0.95	0.39	0.36
Total Stockholder Equity	0.97	-0.07	0.78	0.74		0.95	-0.08	0.97	0.01	0.96	0.23	0.01	0.7	0.59	0.65	0.35	0.77	-0.29	0.78	0.85	-0.09	0.64	0.24	-0.68	0.45	0.3
Property Plant And Equipment Net	0.97	0.21	0.72	0.68	0.95		0.17	0.88	0.07	0.99	0.25	0.07	0.64	0.64	0.83	0.18	0.73	-0.2	0.86	0.76	-0.09	0.57	0.21	-0.63	0.66	0.38
Net Debt	0.15	0.82	0.19	0.21	-0.08	0.17		-0.19	-0.27	0.19	-0.03	-0.27	0.23	0.39	0.63	-0.12	0.18	0.05	0.5	-0.03	0.22	0.15	0.1	-0.19	0.6	0.43
Retained Earnings	0.91	-0.24	0.78	0.72	0.97	0.88	-0.19		-0.09	0.9	0.19	-0.09	0.68	0.45	0.52	0.49	0.78	-0.38	0.69	0.81	-0.18	0.66	0.27	-0.68	0.28	0.15
Cash	-0.03	0.33	-0.43	-0.44	0.01	0.07	-0.27	-0.09		-0.03	0.23	1.0	-0.47	-0.04	0.08	-0.71	-0.32	0.49	-0.17	-0.04	-0.04	-0.49	-0.37	0.45	0.32	-0.03
Non Current Assets Total	0.99	0.17	0.8	0.77	0.96	0.99	0.19	0.9	-0.03		0.23	-0.03	0.73	0.68	0.83	0.28	0.8	-0.28	0.9	0.81	-0.05	0.65	0.28	-0.71	0.63	0.41
Non Currrent Assets Other	0.18	0.11	-0.12	-0.12	0.23	0.25	-0.03	0.19	0.23	0.23		0.23	-0.19	-0.16	0.19	-0.42	-0.21	0.26	0.06	-0.09	-0.1	-0.36	-0.22	0.29	0.06	0.47
Cash And Short Term Investments	-0.03	0.33	-0.43	-0.44	0.01	0.07	-0.27	-0.09	1.0	-0.03	0.23		-0.47	-0.04	0.08	-0.71	-0.32	0.49	-0.17	-0.04	-0.04	-0.49	-0.37	0.45	0.32	-0.03
Net Receivables	0.78	-0.06	0.97	0.98	0.7	0.64	0.23	0.68	-0.47	0.73	-0.19	-0.47		0.79	0.56	0.67	0.92	-0.66	0.85	0.87	0.17	0.96	0.65	-0.97	0.4	0.33
Common Stock Shares Outstanding	0.73	0.36	0.73	0.77	0.59	0.64	0.39	0.45	-0.04	0.68	-0.16	-0.04	0.79		0.73	0.16	0.71	-0.25	0.85	0.81	0.31	0.67	0.39	-0.73	0.75	0.52
Non Current Liabilities Total	0.8	0.67	0.59	0.57	0.65	0.83	0.63	0.52	0.08	0.83	0.19	0.08	0.56	0.73		-0.03	0.62	-0.11	0.91	0.58	0.02	0.46	0.25	-0.54	0.89	0.52
Inventory	0.33	-0.54	0.7	0.67	0.35	0.18	-0.12	0.49	-0.71	0.28	-0.42	-0.71	0.67	0.16	-0.03		0.66	-0.73	0.32	0.48	-0.01	0.79	0.52	-0.73	-0.27	-0.23
Other Current Assets	0.84	-0.02	0.96	0.92	0.77	0.73	0.18	0.78	-0.32	0.8	-0.21	-0.32	0.92	0.71	0.62	0.66		-0.63	0.86	0.89	-0.05	0.93	0.58	-0.93	0.43	0.11
Other Stockholder Equity	-0.32	0.34	-0.64	-0.58	-0.29	-0.2	0.05	-0.38	0.49	-0.28	0.26	0.49	-0.66	-0.25	-0.11	-0.73	-0.63		-0.36	-0.46	0.33	-0.77	-0.95	0.73	0.0	0.16
Total Liab	0.91	0.38	0.87	0.86	0.78	0.86	0.5	0.69	-0.17	0.9	0.06	-0.17	0.85	0.85	0.91	0.32	0.86	-0.36		0.81	0.13	0.76	0.43	-0.82	0.75	0.51
Total Current Assets	0.87	-0.06	0.89	0.89	0.85	0.76	-0.03	0.81	-0.04	0.81	-0.09	-0.04	0.87	0.81	0.58	0.48	0.89	-0.46	0.81		0.14	0.82	0.44	-0.85	0.48	0.27
Short Term Debt	-0.01	0.19	0.1	0.24	-0.09	-0.09	0.22	-0.18	-0.04	-0.05	-0.1	-0.04	0.17	0.31	0.02	-0.01	-0.05	0.33	0.13	0.14		0.04	-0.28	-0.09	0.11	0.49
Accounts Payable	0.71	-0.14	0.94	0.93	0.64	0.57	0.15	0.66	-0.49	0.65	-0.36	-0.49	0.96	0.67	0.46	0.79	0.93	-0.77	0.76	0.82	0.04		0.73	-0.98	0.32	0.1
Common Stock	0.32	-0.12	0.59	0.54	0.24	0.21	0.1	0.27	-0.37	0.28	-0.22	-0.37	0.65	0.39	0.25	0.52	0.58	-0.95	0.43	0.44	-0.28	0.73		-0.71	0.21	0.0
Current Deferred Revenue	-0.76	0.08	-0.96	-0.95	-0.68	-0.63	-0.19	-0.68	0.45	-0.71	0.29	0.45	-0.97	-0.73	-0.54	-0.73	-0.93	0.73	-0.82	-0.85	-0.09	-0.98	-0.71		-0.4	-0.18
Common Stock Total Equity	0.62	0.78	0.4	0.39	0.45	0.66	0.6	0.28	0.32	0.63	0.06	0.32	0.4	0.75	0.89	-0.27	0.43	0.0	0.75	0.48	0.11	0.32	0.21	-0.4		0.47
Property Plant And Equipment Gross	0.4	0.4	0.27	0.36	0.3	0.38	0.43	0.15	-0.03	0.41	0.47	-0.03	0.33	0.52	0.52	-0.23	0.11	0.16	0.51	0.27	0.49	0.1	0.0	-0.18	0.47

Click cells to compare fundamentals

Hess Account Relationship Matchups

Hess balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.8B	18.8B	20.5B	21.7B	24.0B	20.3B
Short Long Term Debt Total	7.9B	9.1B	9.1B	9.2B	9.6B	5.1B
Other Current Liab	2.3B	1.5B	2.5B	1.6B	2.6B	2.3B
Total Current Liabilities	2.5B	1.6B	3.1B	2.3B	3.3B	3.8B
Total Stockholder Equity	8.7B	5.4B	6.3B	8.0B	9.0B	8.8B
Property Plant And Equipment Net	17.6B	14.7B	14.7B	15.8B	18.3B	13.4B
Net Debt	6.4B	7.3B	6.4B	6.7B	7.9B	4.1B
Retained Earnings	3.5B	130M	379M	1.5B	2.3B	2.2B
Cash	1.5B	1.7B	2.7B	2.5B	1.7B	1.1B
Non Current Assets Total	18.6B	15.7B	16.2B	17.8B	20.6B	15.8B
Non Currrent Assets Other	1.1B	1.0B	1.5B	1.5B	2.3B	2.4B
Cash And Short Term Investments	1.5B	1.7B	2.7B	2.5B	1.7B	1.1B
Net Receivables	1.2B	860M	1.2B	1.2B	1.3B	2.1B
Common Stock Shares Outstanding	301.2M	304.8M	309.3M	309.6M	307.6M	318.7M
Liabilities And Stockholders Equity	21.8B	18.8B	20.5B	21.7B	24.0B	20.3B
Non Current Liabilities Total	9.6B	10.9B	10.4B	10.8B	11.1B	7.5B
Inventory	261M	378M	223M	217M	304M	288.8M
Other Current Assets	1.6B	1.3B	1.6B	1.4B	108M	102.6M
Other Stockholder Equity	5.6B	5.7B	6.0B	6.3B	6.5B	6.8B
Total Liab	12.1B	12.5B	13.5B	13.1B	14.4B	11.3B
Total Current Assets	3.2B	3.1B	4.3B	3.9B	3.4B	4.5B
Short Term Debt	199M	91M	606M	224M	681M	715.1M
Accounts Payable	411M	200M	220M	285M	402M	381.9M
Accumulated Other Comprehensive Income	(699M)	(755M)	(406M)	(131M)	(134M)	(140.7M)
Common Stock	291M	305M	307M	310M	306M	291.7M
Current Deferred Revenue	(411M)	(200M)	(220M)	133M	(402M)	(422.1M)
Common Stock Total Equity	305M	307M	310M	306M	351.9M	241.0M
Property Plant And Equipment Gross	17.6B	14.7B	31.2B	32.6B	37.6B	39.5B
Other Liab	1.8B	1.9B	1.9B	1.9B	2.2B	2.4B
Other Assets	705M	1.3B	1.5B	2.0B	2.3B	1.8B
Long Term Debt	7.1B	8.3B	7.9B	8.3B	8.3B	6.2B
Property Plant Equipment	16.8B	14.1B	14.7B	15.8B	18.2B	18.2B
Noncontrolling Interest In Consolidated Entity	974M	969M	726M	641M	737.2M	656.5M
Retained Earnings Total Equity	3.5B	130M	379M	1.5B	1.3B	1.3B
Deferred Long Term Liab	415M	342M	383M	418M	376.2M	357.4M

Pair Trading with Hess

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hess position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hess will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hess Stock

0.84	AR	Antero Resources Corp	Pair Corr
0.65	PR	Permian Resources	Pair Corr
0.75	SM	SM Energy	Pair Corr

Moving against Hess Stock

0.66

CEI

Camber Energy

Pair Corr

The ability to find closely correlated positions to Hess could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hess when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hess - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hess Corporation to buy it.

The correlation of Hess is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hess moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hess moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Hess can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Hess is a strong investment it is important to analyze Hess' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess' future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:

How To Invest In Hess

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Is Hess Stock a good investment?

Details

What is Hess' Net Worth?

Details

Largest Oil & Gas E&P Companies

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Note that the Hess information on this page should be used as a complementary analysis to other Hess' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary 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.

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Is Hess' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.796

Dividend Share

1.75

Earnings Share

6.39

Revenue Per Share

36.534

Quarterly Revenue Growth

0.377

The market value of Hess is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess' value that differs from its market value or its book value, called intrinsic value, which is Hess' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess' market value can be influenced by many factors that don't directly affect Hess' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hess' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Hess Historical Balance Sheet

Hess Inventory

288.8 Million

About Hess Balance Sheet Analysis

Hess Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Total Liab

Hess balance sheet Correlations

Hess Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hess balance sheet Accounts

Pair Trading with Hess

Moving together with Hess Stock

Moving against Hess Stock

Complementary Tools for Hess Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Current Liabilities	+ 0.98	Other Current Liab
Net Receivables	+ 0.98	Total Current Liabilities
Total Stockholder Equity	+ 0.97	Total Assets

Current Deferred Revenue	- 0.98	Accounts Payable
Current Deferred Revenue	- 0.97	Net Receivables
Current Deferred Revenue	- 0.96	Other Current Liab
Common Stock	- 0.95	Other Stockholder Equity
Current Deferred Revenue	- 0.95	Total Current Liabilities
Current Deferred Revenue	- 0.93	Other Current Assets