Hess (HESPA.PFD) Other Operating Expense : $293.00 Mil (TTM As of Mar. 2024)

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What is Hess Other Operating Expense?

Hess's Other Operating Expense for the three months ended in Mar. 2024 was $42.00 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $293.00 Mil.

Hess's quarterly Other Operating Expense increased from Sep. 2023 ($65.00 Mil) to Dec. 2023 ($87.00 Mil) but then declined from Dec. 2023 ($87.00 Mil) to Mar. 2024 ($42.00 Mil).

Hess's annual Other Operating Expense increased from Dec. 2021 ($162.00 Mil) to Dec. 2022 ($208.00 Mil) and increased from Dec. 2022 ($208.00 Mil) to Dec. 2023 ($317.00 Mil).

Hess Other Operating Expense Historical Data

The historical data trend for Hess's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hess Other Operating Expense Chart

Hess Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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233.00

351.00

162.00

208.00

317.00

Hess Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															66.00	99.00	65.00	87.00	42.00

Hess Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $293.00 Mil.

Hess Other Operating Expense Related Terms

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Hess (HESPA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hess Corp (NYSE:HESpA.PFD) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

HES:USA AHC:Germany HES:Austria

Address

1185 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.hess.com

Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 344 thousand barrels of oil equivalent per day in 2022, at a ratio of 72% oil and natural gas liquids and 28% natural gas.