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What is HES's PP&E?

  Hess Corp ( HES ) |
1994 - 2021 (28 years)

PP&E is 
$58.4B (1Y -7.21% )

HES Stock Price & PP&E

PP&E for HES competitors.
TOT XOM APC OXY BP SNP CVX MRO COP RDS.A
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for PP&E

chevron_right 2021 $29.1B +0.1x
( +0.4% / year avg)
chevron_left 1994 $26.0B
vertical_align_top Peak $112.8B +8.11x
vertical_align_bottom Bottom $12.4B
arrow_drop_up # Up Years 17 17 of 28
years up.
arrow_drop_down # Down Years 11
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • HES's stock price has rallied +1,729% from $2.4 in 1994 , or +162x faster than it's pp&e over the same period.
  • If HES grows it's stock at the same rate as it's pp&e (+0.4%/year) , it's stock price will grow +104% and hit $45.63 over the next 10 years.
  • HES's stock price has gone up 12 of the 17 years (+70%) it's pp&e were also up.
  • HES Historical PP&E Table
    in $ million
    Year PP&E YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 $29,119 -53.8% $43.84 -7.2%
    4/1/2020 $63,029 -6.4% $47.23 -13.3%
    4/1/2019 $67,354 4.8% $54.48 -6.0%
    4/1/2018 $64,255 -28.5% $57.93 34.6%
    4/1/2017 $89,868 -13.5% $43.03 -22.0%
    4/1/2016 $103,899 -4.6% $55.14 -9.6%
    4/1/2015 $108,906 -3.5% $61.0 -25.1%
    4/1/2014 $112,840 4.4% $81.46 36.9%
    4/1/2013 $108,042 2.4% $59.48 55.4%
    4/1/2012 $105,464 17.7% $38.27 -44.3%
    4/1/2011 $89,581 30.2% $68.77 49.5%
    4/1/2010 $68,782 4.7% $46.0 -19.6%
    4/1/2009 $65,694 5.7% $57.19 -45.5%
    4/1/2008 $62,176 16.3% $104.87 108.5%
    4/1/2007 $53,478 21.2% $50.29 19.5%
    4/1/2006 $44,106 26.0% $42.1 66.3%
    4/1/2005 $35,006 7.9% $25.31 37.5%
    4/1/2004 $32,432 6.1% $18.41 54.3%
    4/1/2003 $30,562 -6.0% $11.94 -36.6%
    4/1/2002 $32,513 47.6% $18.83 1.4%
    4/1/2001 $22,022 77.8% $18.58 32.8%
    4/1/2000 $12,384 -26.0% $13.99 14.6%
    4/1/1999 $16,738 -18.8% $12.2 14.8%
    4/1/1998 $20,605 3.0% $10.63 4.3%
    4/1/1997 $20,000 -20.5% $10.19 -3.0%
    4/1/1996 $25,147 34.7% $10.5 17.5%
    4/1/1995 $18,669 -28.2% $8.94 7.5%
    4/1/1994 $26,015 - $8.32 -

  • About
    Industry: Oil & Gas E&P
    Sector: Energy
    Country: US
    IPO Date: 3/15/1926
    Stonk Exchange: NYSE
    • Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations.
    • The company is headquartered in New York City, New York and currently employs 1,708 full-time employees.
    • The firm is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids (NGL) and natural gas.
    • The firm's segments include Exploration and Production, and Midstream.
    • Its Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, NGLs and natural gas with production operations primarily in the United States, Denmark, the Malaysia/Thailand Joint Development Area (JDA), Malaysia and Norway.
    • The Midstream segment provides fee-based services, including crude oil and natural gas gathering, processing of natural gas and the fractionation of NGLs, transportation of crude oil by rail car, terminaling and loading crude oil and NGLs, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota.

  • Property, plant, and equipment (PP&E) are long-term assets vital to business operations and not easily converted into cash. Property, plant, and equipment are tangible assets, meaning they are physical in nature or can be touched. The total value of PP&E can range from very low to extremely high compared to total assets.

    For more detailed definitions, please see Investopedia.