Hess Corporation

NYSE HES

Hess Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 9.94

Hess Corporation Interest Coverage Ratio is 9.94 for the Trailing 12 Months (TTM) ending September 30, 2024, a 47.28% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Hess Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 6.75, a -10.64% change year over year.
  • Hess Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 7.56, a 149.75% change year over year.
  • Hess Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 3.03, a 228.70% change year over year.
  • Hess Corporation Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was -2.35, a -219.87% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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NYSE: HES

Hess Corporation

CEO Mr. John B. Hess
IPO Date March 17, 1980
Location United States
Headquarters 1185 Avenue of the Americas
Employees 1,756
Sector Energy
Industries
Description

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. As of December 31, 2021, it had total proved reserves of 1,309 million barrels of oil equivalent. The company was incorporated in 1920 and is headquartered in New York, New York.

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StockViz Staff

January 15, 2025

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