Hess Profit Margin 2010-2023 | HES
Current and historical gross margin, operating margin and net profit margin for Hess (HES) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Hess net profit margin as of March 31, 2023 is 18.47%.
| Hess Annual Profit Margins |
| Hess Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - US Integrated |
$40.608B |
$11.570B |
|
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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