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HES| Name | Value |
|---|---|
| Revenues | 2,800.0M |
| Cost of Revenue | 1,027.0M |
| Gross Profit | 1,773.0M |
| Operating Expense | 876.0M |
| Operating I/L | 932.0M |
| Other Income/Expense | -590.0M |
| Interest Income | 96.0M |
| Pretax | 817.0M |
| Income Tax Expense | 215.0M |
| Net Income/Loss | 504.0M |
Hess Corporation is an exploration and production company that focuses on the exploration, development, production, purchase, transportation, and sale of crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream, with production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. Additionally, it is involved in gathering, compressing, and processing natural gas, fractionating NGLs, and providing water handling services in the Bakken Shale plays in the Williston Basin area of North Dakota. As of December 31, 2021, it had total proved reserves of 1,309 million barrels of oil equivalent.
