Hess Income Tax Expense from 2010 to 2024

HES Stock  USD 163.13  0.60  0.37%   
Hess Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 546.9 M in 2024. From the period from 2010 to 2024, Hess Income Tax Expense quarterly data regression had mean square error of 1090497 T and mean deviation of  638,238,961. View All Fundamentals
 
Income Tax Expense  
First Reported
1990-03-31
Previous Quarter
182 M
Current Value
348 M
Quarterly Volatility
386.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 554.4 M or Total Revenue of 14.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0106 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
This module can also supplement Hess' financial leverage analysis and stock options assessment as well as various Hess Technical models . Check out the analysis of Hess Correlation against competitors.

Latest Hess' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Hess Corporation over the last few years. It is Hess' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Hess Income Tax Expense Regression Statistics

Arithmetic Mean474,898,701
Coefficient Of Variation212.16
Mean Deviation638,238,961
Median546,880,513
Standard Deviation1,007,552,218
Sample Variance1015161.5T
Range4.1B
R-Value(0.05)
Mean Square Error1090497T
R-Squared0
Significance0.86
Slope(11,307,273)
Total Sum of Squares14212260.6T

Hess Income Tax Expense History

2024546.9 M
2023733 M
20221.1 B
2021600 M
2020-11 M
2019461 M
2018335 M

About Hess Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hess income statement, its balance sheet, and the statement of cash flows. Hess investors use historical funamental indicators, such as Hess's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Hess investors may use each financial statement separately, they are all related. The changes in Hess's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hess's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hess Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hess. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense733 M546.9 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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:
Check out the analysis of Hess Correlation against competitors.
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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Valuation
Check real value of public entities based on technical and fundamental data
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
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
1.794
Dividend Share
1.75
Earnings Share
6.52
Revenue Per Share
36.546
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.