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 |
$43.750B |
$10.645B |
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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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