Hess Corporation (HES) - Total Assets
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. Check HES cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
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 Hess Corporation strategic investment ratio to see how much of total assets are deployed in long-term investments.
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. For live market cap, price, and company overview, see market value of Hess Corporation.
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 |
|---|---|---|
|
Woodside Energy Group Ltd
NYSE:WDS
|
USA | $66.50 Billion |
|
Aker BP ASA
OL:AKRBP
|
Norway | Nkr42.88 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$7.72 Billion |
|
Spartan Delta Corp
TO:SDE
|
Canada | CA$1.35 Billion |
|
Beach Energy Ltd
AU:BPT
|
Australia | AU$5.42 Billion |
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 | 1.74 |
| Asset Growth Rate (YoY) | 10.6% |
| Total Assets | $26.55 Billion |
| Market Capitalization | $46.07 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Hess Corporation's assets above their book value (1.74x), 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 | -- |
About 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