Earnings Summary

Hess Corporation’s revenue jumped 37.25% since last year same period to $3309Mn in the Q1 2024. On a quarterly growth basis, Hess Corporation has generated 9.9% jump in its revenue since last 3-months.

Hess Corporation’s net profit jumped 180.92% since last year same period to $972Mn in the Q1 2024. On a quarterly growth basis, Hess Corporation has generated 135.35% jump in its net profits since last 3-months.

Hess Corporation’s net profit margin jumped 104.69% since last year same period to 29.37% in the Q1 2024. On a quarterly growth basis, Hess Corporation has generated 114.16% jump in its net profit margins since last 3-months.

Hess Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 22.95.

Hess Corporation’s earning per share (EPS) estimates for the current quarter stand at 2.46 - a 47.31% jump from last quarter’s estimates.

Hess Corporation’s earning per share (EPS) estimates for the current year stand at 2.46.

Hess Corporation’s earning per share (EPS) jumped 179.65% since last year same period to 3.16 in the Q1 2024. This indicates that the Hess Corporation has generated 179.65% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Hess Corporation’s return on assets (ROA) stands at 0.1.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Hess Corporation’s return on equity (ROE) stands at 0.25.

Hess Corporation declared 0.44 dividend per share during the earnings announcement for Q1 2024.