Hess Research and Development Expenses 2010-2024 | HES

Hess annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Hess research and development expenses for the quarter ending September 30, 2024 were $0.044B, a 32.31% decline year-over-year.
  • Hess research and development expenses for the twelve months ending September 30, 2024 were $274M, a 9.87% decline year-over-year.
  • Hess annual research and development expenses for 2023 were $0.317B, a 52.4% increase from 2022.
  • Hess annual research and development expenses for 2022 were $0.208B, a 28.4% increase from 2021.
  • Hess annual research and development expenses for 2021 were $0.162B, a 53.85% decline from 2020.
Hess Annual Research and Development Expenses
(Millions of US $)
2023 $317
2022 $208
2021 $162
2020 $351
2019 $233
2018 $362
2017 $507
2016 $1,442
2015 $881
2014 $840
2013 $1,031
2012 $1,070
2011 $1,195
2010 $865
2009 $829
Hess Quarterly Research and Development Expenses
(Millions of US $)
2024-09-30 $44
2024-06-30 $101
2024-03-31 $42
2023-12-31 $87
2023-09-30 $65
2023-06-30 $99
2023-03-31 $66
2022-12-31 $74
2022-09-30 $58
2022-06-30 $33
2022-03-31 $43
2021-12-31 $45
2021-09-30 $36
2021-06-30 $48
2021-03-31 $33
2020-12-31 $60
2020-09-30 $71
2020-06-30 $31
2020-03-31 $189
2019-12-31 $106
2019-09-30 $50
2019-06-30 $43
2019-03-31 $34
2018-12-31 $91
2018-09-30 $169
2018-06-30 $62
2018-03-31 $40
2017-12-31 $356
2017-09-30 $41
2017-06-30 $52
2017-03-31 $58
2016-12-31 $1,033
2016-09-30 $78
2016-06-30 $199
2016-03-31 $132
2015-12-31 $378
2015-09-30 $144
2015-06-30 $90
2015-03-31 $269
2014-12-31 $171
2014-09-30 $90
2014-06-30 $460
2014-03-31 $119
2013-12-31 $458
2013-09-30 $154
2013-06-30 $200
2013-03-31 $219
2012-12-31 $362
2012-09-30 $259
2012-06-30 $196
2012-03-31 $253
2011-12-31 $426
2011-09-30 $199
2011-06-30 $257
2011-03-31 $313
2010-12-31 $317
2010-09-30 $225
2010-06-30 $172
2010-03-31 $151
2009-12-31 $157
2009-09-30 $167
2009-06-30 $312
2009-03-31 $193
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - US Integrated $45.056B $10.645B
Hess Corporation is a global integrated energy company. The company engages in exploration, production, development, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas. It has gathering, compressing and processing operations of natural gas as well as fractionating natural gas liquids (NGLs). Additionally, Hess provides gathering, terminaling, loading and transporting operations for both crude oil and NGLs. The company also provides water handling services mainly in the Bakken and Three Forks Shale plays in North Dakota's Williston Basin area. Currently, the company has two operating segments, Exploration and Production (E&P) and Midstream.
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