What is HES's Working Capital?

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

Working Capital is 
1.7B (1Y +12.2% )

HES Stock Price & Working Capital

Working Capital 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 Working Capital

chevron_right 2021 1.6B +2.8x
( +4.9% / year avg)
chevron_left 1994 429.4M
vertical_align_top Peak 3.0B +3.13x *
vertical_align_bottom Bottom -1.4B
arrow_drop_up # Up Years 12 12 of 28
years up.
arrow_drop_down # Down Years 16
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 +5.82x faster than it's working capital over the same period.
  • If HES grows it's stock at the same rate as it's working capital (+4.9%/year) , it's stock price will grow +161% and hit $70.73 over the next 10 years.
  • HES's stock price has gone up 7 of the 12 years (+58%) it's working capital were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
5-Year Change 🚀
+95.1%$7.6BNet Revenue (Sales)
-53.8%$2.8BCost of Revenue (Sales)
-322.6%$4.8BGross Profit Margin
-214.1%2.53Gross Profit Margin Ratio
-4.08%$376.0MSelling, General, and Administrative (SG&A)
+5.0%$84.0MOther Income/Expenses, Net
+180%$2.6BTotal Operating Expenses
-22.9%$5.4BCost & Expenses
+37.6%$468.0MInterest Expense/Income, Net
+716%$3.9BEBITDA
+318%2.05EBITDA Margin
-172.2%$2.2BOperating Income
-130.6%0.97Operating Margin
+5.0%$84.0MTotal Other Income/Expenses
-155.0%$1.8BPretax Income (Earnings)
-128.2%0.97Pretax Income (Earnings) Margin
-135.5%$492.0MProvision For Income Taxes
-149.5%$1.0BNet Income (Earnings)
-125.4%0.53Net Profit Margin
-150.5%3.28Earnings Per Share (EPS)
-147.7%3.28Earnings Per Share (EPS) Diluted
-2.62%$1.2BShares Outstanding
-2.62%$1.2BShares Outstanding (Diluted)
-47.5%$7.5BCash and Cash Equivalents
-47.5%$7.5BCash And Short-Term Investments
+1,280%$6.6BOther Current Assets
-28.8%$14.1BTotal Current Assets
-45.1%$57.6BPP&E
-45.6%$75.8BTotal Assets
-86.2%$52.0MShort-term Debt
-24.1%$6.4BOther Current Liabilities
-22.9%$6.8BTotal Current Liabilities
+27.3%$33.1BLong-term Debt
+71.4%$6.8BOther Non-Current Liabilities
-3.31%$42.5BTotal Non-Current Liabilities
-6.57%$49.2BTotal Liabilities
-47.7%-$3.1BAccumulated Other Comprehensive Income Loss
-72.7%$22.5BTotal Shareholders Equity
-46.9%$71.7BTotal Liabilities & Stockholders Equity
+25.7%$33.1BTotal Debt
+111%$25.7BNet Debt
-108.3%$116.0MDeferred Income Tax
0%$100.0MStock-Based Compensation (SBC)
-123.0%-$896.0MChange in Working Capital
-95.3%$16.0MOther Non-Cash Items
-1,085.0%$2.4BNet Cash Provided by Operating Activities
-37.9%-$1.5BInvestments in PP&E
-37.2%-$1.5BNet Cash used for Investing Activities
-70.6%-$20.0MDebt Repayment
-93.6%$280.0MCommon Stock Issued
0%-$320.0MDividends Paid
+42.1%-$216.0MOther Financing Activities
-105.2%-$316.0MNet Cash Used Provided by Financing Activities
-84.9%$508.0MNet Change in Cash
-47.5%$7.5BCash at End of Period
-36.0%$7.0BCash at Beginning of Period
-1,085.0%$2.4BOperating Cash Flow
-37.9%-$1.5BCapital Expenditure (capex)
-130.3%$824.0MFree Cash Flow
  • HES Historical Working Capital Table
    in million
    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Working Capital YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 1,645 5.6% 43.84 -7.2%
    4/1/2020 1,557 0.1% 47.23 -13.3%
    4/1/2019 1,556 -48.7% 54.48 -6.0%
    4/1/2018 3,031 49.8% 57.93 34.6%
    4/1/2017 2,022 -13.0% 43.03 -22.0%
    4/1/2016 2,324 52.4% 55.14 -9.6%
    4/1/2015 1,524 -41.7% 61.0 -25.1%
    4/1/2014 2,617 29.1% 81.46 36.9%
    4/1/2013 2,027 475.2% 59.48 55.4%
    4/1/2012 352 -77.3% 38.27 -44.3%
    4/1/2011 1,553 -11.1% 68.77 49.5%
    4/1/2010 1,747 -2085.8% 46.0 -19.6%
    4/1/2009 -88 -90.9% 57.19 -45.5%
    4/1/2008 -972 -7.1% 104.87 108.5%
    4/1/2007 -1,046 -26.5% 50.29 19.5%
    4/1/2006 -1,424 12.1% 42.1 66.3%
    4/1/2005 -1,270 -926.0% 25.31 37.5%
    4/1/2004 153 -46.6% 18.41 54.3%
    4/1/2003 288 74.0% 11.94 -36.6%
    4/1/2002 165 -61.7% 18.83 1.4%
    4/1/2001 432 43.5% 18.58 32.8%
    4/1/2000 301 49.9% 13.99 14.6%
    4/1/1999 201 -21.7% 12.2 14.8%
    4/1/1998 256 -41.2% 10.63 4.3%
    4/1/1997 436 -8.3% 10.19 -3.0%
    4/1/1996 475 18.6% 10.5 17.5%
    4/1/1995 401 -6.5% 8.94 7.5%
    4/1/1994 429 - 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.
  • Working capital = Total Current Assets - Total Current Liabilities


    For more detailed definitions, please see Investopedia.
    Year Working Capital YoY % Change Stock Price YoY % Change (Stock Price) total current liabilities total current assets
    4/1/2021 1645000000.00 5.6% 43.84 -7.2% 6626.00 13206.00
    4/1/2020 1557500000.00 0.1% 47.23 -13.3% 7447.00 13677.00
    4/1/2019 1556250000.00 -48.7% 54.48 -6.0% 9150.00 15375.00
    4/1/2018 3031000000.00 49.8% 57.93 34.6% 8242.00 20366.00
    4/1/2017 2022750000.00 -13.0% 43.03 -22.0% 8709.00 16800.00
    4/1/2016 2324000000.00 52.4% 55.14 -9.6% 9577.00 18873.00
    4/1/2015 1524500000.00 -41.7% 61.0 -25.1% 14435.00 20533.00
    4/1/2014 2617000000.00 29.1% 81.46 36.9% 22811.00 33279.00
    4/1/2013 2027500000.00 475.2% 59.48 55.4% 30944.00 39054.00
    4/1/2012 352500000.00 -77.3% 38.27 -44.3% 31223.00 32633.00
    4/1/2011 1553750000.00 -11.1% 68.77 49.5% 28366.00 34581.00
    4/1/2010 1747500000.00 -2085.8% 46.0 -19.6% 26912.00 33902.00
    4/1/2009 -88000000.00 -90.9% 57.19 -45.5% 29255.00 28903.00
    4/1/2008 -972250000.00 -7.1% 104.87 108.5% 35967.00 32078.00
    4/1/2007 -1046750000.00 -26.5% 50.29 19.5% 25544.00 21357.00
    4/1/2006 -1424000000.00 12.1% 42.1 66.3% 25813.00 20117.00
    4/1/2005 -1270000000.00 -926.0% 25.31 37.5% 23780.00 18700.00
    4/1/2004 153750000.00 -46.6% 18.41 54.3% 13141.00 13756.00
    4/1/2003 288000000.00 74.0% 11.94 -36.6% 10057.00 11209.00
    4/1/2002 165500000.00 -61.7% 18.83 1.4% 10766.00 11428.00
    4/1/2001 432500000.00 43.5% 18.58 32.8% 14058.00 15788.00
    4/1/2000 301333333.33 49.9% 13.99 14.6% 9660.00 10865.33
    4/1/1999 201025000.00 -21.7% 12.2 14.8% 7280.30 8084.40
    4/1/1998 256675000.00 -41.2% 10.63 4.3% 6758.50 7785.20
    4/1/1997 436500000.00 -8.3% 10.19 -3.0% 6454.60 8200.60
    4/1/1996 475940000.00 18.6% 10.5 17.5% 6259.92 8163.68
    4/1/1995 401300000.00 -6.5% 8.94 7.5% 5227.73 6832.93
    4/1/1994 429350000.00 8.32 4980.50 6697.90