Financial Statements

Hess Corporation (HES)

$133.44

-1.33 (-0.99%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 1303,5354,2575,597-
Net Income 559-3,093-408-282-4,074
Stock Dividends -378-32-71310,034
Dividend Paid -311-309-316-345-363
Retained Earnings -1303,5354,2575,597

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 14,70917,56016,08316,192-
Annual Depreciation 1,716-6544,3061,98818,129
Capital Expenditure -1,747-2,197-2,829-2,097-1,937
Net PPE 14,67814,70917,56016,08316,192

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -360360360360
New Purchases --67-33--
Intangible and Goodwill 360360360360-

Hess Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Hess Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.