Hess Net Income 2024

Hess Net Income

2.31 B USD

Hess Dividend yield

1.13 %

Ticker

HES

ISIN

US42809H1077

WKN

A0JMQL

In 2024, Hess's profit amounted to 2.31 B USD, a 67.13% increase from the 1.38 B USD profit recorded in the previous year.

The Hess Net Income history

YEARNET INCOME (undefined USD)
2029e-
2028e5.59
2027e3.26
2026e3.38
2025e3.14
2024e2.31
20231.38
20222.1
20210.56
2020-3.09
2019-0.41
2018-0.33
2017-4.12
2016-6.17
2015-3.06
20142.32
20135.05
20122.03
20111.7
20102.13
20090.74
20082.36
20071.83
20061.88
20051.18
20040.93

Hess Aktienanalyse

What does Hess do?

The Hess Corporation is an international oil and gas company headquartered in New York City. It was founded in 1919 by Leon Hess and started as a small gas station business in New Jersey. Today, Hess Corp is one of the largest independent oil companies in the United States. Its business model focuses on the exploration, production, and marketing of oil and gas worldwide. The company is divided into two main areas - exploration and production on one hand, and marketing, refineries, and sales on the other. Hess Corp is active in North America, Europe, Africa, and Asia, operating both onshore and offshore oil and gas fields. The products are then sold through trading and marketing partners in various countries. The company's history began in the 1930s when Leon Hess opened his first gas station in Asbury Park, New Jersey. Over the following decades, the company grew rapidly and expanded its business. In the 1960s and 1970s, the firm invested in production fields and refineries to become more independent from other suppliers. In the 1990s, the focus was further shifted to the exploration and production of oil and gas. As an international company, Hess Corp operates in various countries and regions. In North America, the company operates fields in Montana, North Dakota, Texas, and the Gulf of Mexico. In Europe, Hess Corp is active in Denmark and Norway, and in Asia, mainly in Indonesia and Thailand. Additionally, the company operates a refinery in New Jersey and has ownership stakes in various other refineries worldwide. The main products of Hess Corp are oil and gas, which are extracted in different countries and then sold. Another important product is petrochemicals, derived from the processing of oil and used in various industries. Hess Corp is also committed to sustainability and constantly works on improving environmental protection and safety measures. In recent years, the company has invested in renewable energy and energy efficiency and increasingly relies on digitized processes in its operations. In summary, the Hess Corporation is an international oil and gas company and one of the largest independent oil companies in the United States. It operates oil and gas fields in various countries and is active in North America, Europe, Africa, and Asia. In addition to oil and gas, Hess Corp also sells petrochemicals and advocates for sustainability and environmental protection. Hess ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Hess's Profit Margins

The profit margins of Hess represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Hess's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Hess's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Hess's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Hess’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Hess Stock

How much profit has Hess made this year?

Hess has made 2.31 B USD this year.

How has the profit developed compared to last year?

The profit has increased by 67.13% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Hess publish its earnings?

Hess publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Hess?

The profits of Hess are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Hess?

You can learn more about the earnings of Hess by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Hess pay?

Over the past 12 months, Hess paid a dividend of 1.75 USD . This corresponds to a dividend yield of about 1.13 %. For the coming 12 months, Hess is expected to pay a dividend of 2.08 USD.

What is the dividend yield of Hess?

The current dividend yield of Hess is 1.13 %.

When does Hess pay dividends?

Hess pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Hess?

Hess paid dividends every year for the past 0 years.

What is the dividend of Hess?

For the upcoming 12 months, dividends amounting to 2.08 USD are expected. This corresponds to a dividend yield of 1.35 %.

In which sector is Hess located?

Hess is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Hess kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hess from 3/28/2024 amounting to 0.438 USD, you needed to have the stock in your portfolio before the ex-date on 3/15/2024.

When did Hess pay the last dividend?

The last dividend was paid out on 3/28/2024.

What was the dividend of Hess in the year 2023?

In the year 2023, Hess distributed 1.5 USD as dividends.

In which currency does Hess pay out the dividend?

The dividends of Hess are distributed in USD.

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Andere Kennzahlen von Hess

Our stock analysis for Hess Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hess Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.