Hess Corporation
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. It operates in two segments, Exploration and Production, and Midstream. The company also conduct exploration activities principally offshore … Read more
Hess Corporation (HES) - Total Assets
Latest total assets as of March 2025: $27.14 Billion USD
Based on the latest financial reports, Hess Corporation (HES) holds total assets worth $27.14 Billion USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hess Corporation - Total Assets Trend (1985–2024)
This chart illustrates how Hess Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hess Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Hess Corporation's total assets of $27.14 Billion consist of 12.0% current assets and 88.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.4% |
| Accounts Receivable | $1.47 Billion | 5.5% |
| Inventory | $419.00 Million | 1.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $360.00 Million | 1.4% |
Asset Composition Trend (1985–2024)
This chart illustrates how Hess Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hess Corporation's current assets represent 12.0% of total assets in 2024, a decrease from 34.8% in 1985.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2024, up from 2.8% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 5.5% of total assets.
Hess Corporation Competitors by Total Assets
Key competitors of Hess Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jadestone Energy Inc
LSE:JSE
|
UK | GBX1.12 Billion |
|
Gear Energy Ltd
OTCQX:GENGF
|
USA | $339.27 Million |
|
Arrow Exploration Corp
PINK:CSTPF
|
USA | $93.68 Million |
|
IPB Petroleum Ltd
AU:IPB
|
Australia | AU$3.63 Million |
|
James Bay Resources Limited
PINK:JMBRF
|
USA | $176.62K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
Panoro Energy ASA
F:1PZ
|
Germany | €674.69 Million |
Hess Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Hess Corporation generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Hess Corporation generates $ 10.43 in net profit.
Hess Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.08 | 1.23 | 1.99 |
| Quick Ratio | 0.91 | 1.10 | 1.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $226.00 Million | $ 673.00 Million | $ 1.55 Billion |
Hess Corporation - Advanced Valuation Insights
This section examines the relationship between Hess Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.00 |
| Latest Market Cap to Assets Ratio | 1.64 |
| Asset Growth Rate (YoY) | 10.6% |
| Total Assets | $26.55 Billion |
| Market Capitalization | $43.42 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Hess Corporation's assets above their book value (1.64 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Hess Corporation's assets grew by 10.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hess Corporation (1985–2024)
The table below shows the annual total assets of Hess Corporation from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $26.55 Billion | +10.60% |
| 2023-12-31 | $24.01 Billion | +10.66% |
| 2022-12-31 | $21.70 Billion | +5.75% |
| 2021-12-31 | $20.52 Billion | +9.00% |
| 2020-12-31 | $18.82 Billion | -13.59% |
| 2019-12-31 | $21.78 Billion | +1.63% |
| 2018-12-31 | $21.43 Billion | -7.26% |
| 2017-12-31 | $23.11 Billion | -19.25% |
| 2016-12-31 | $28.62 Billion | -16.30% |
| 2015-12-31 | $34.20 Billion | -11.36% |
| 2014-12-31 | $38.58 Billion | -9.85% |
| 2013-12-31 | $42.79 Billion | -1.84% |
| 2012-12-31 | $43.59 Billion | +11.96% |
| 2011-12-31 | $38.94 Billion | +10.37% |
| 2010-12-31 | $35.28 Billion | +19.93% |
| 2009-12-31 | $29.42 Billion | +2.90% |
| 2008-12-31 | $28.59 Billion | +9.41% |
| 2007-12-31 | $26.13 Billion | +16.64% |
| 2006-12-31 | $22.40 Billion | +17.21% |
| 2005-12-31 | $19.11 Billion | +17.18% |
| 2004-12-31 | $16.31 Billion | +16.66% |
| 2003-12-31 | $13.98 Billion | +5.44% |
| 2002-12-31 | $13.26 Billion | -13.71% |
| 2001-12-31 | $15.37 Billion | +49.59% |
| 2000-12-31 | $10.27 Billion | +32.95% |
| 1999-12-31 | $7.73 Billion | -1.97% |
| 1998-12-31 | $7.88 Billion | -0.65% |
| 1997-12-31 | $7.93 Billion | +1.93% |
| 1996-12-31 | $7.78 Billion | +0.36% |
| 1995-12-31 | $7.76 Billion | -6.97% |
| 1994-12-31 | $8.34 Billion | -3.51% |
| 1993-12-31 | $8.64 Billion | -0.92% |
| 1992-12-31 | $8.72 Billion | -1.35% |
| 1991-12-31 | $8.84 Billion | -2.38% |
| 1990-12-31 | $9.06 Billion | +31.88% |
| 1989-12-31 | $6.87 Billion | +27.84% |
| 1988-12-31 | $5.37 Billion | +1.27% |
| 1987-12-31 | $5.30 Billion | +7.95% |
| 1986-12-31 | $4.91 Billion | -20.99% |
| 1985-12-31 | $6.22 Billion | -- |