Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Financial Data by Operating Segment

The following table presents operating segment financial data:

	Exploration and Production		Midstream		Corporate, Interest and Other		Eliminations		Total
	(In millions)
For the Three Months Ended September 30, 2022
Sales and Other Operating Revenues - Third parties	$	3,122	$	—	$	—	$	—	$	3,122
Intersegment Revenues	—		335		—		(335)		—
Sales and Other Operating Revenues	$	3,122	$	335	$	—	$	(335)	$	3,122
Net Income (Loss) attributable to Hess Corporation	$	572	$	68	$	(125)	$	—	$	515
Depreciation, Depletion and Amortization	425		46		—		—		471
Impairment and other	54		—		—		—		54
Provision for Income Taxes	275		7		—		—		282
Capital Expenditures	666		60		—		—		726
For the Three Months Ended September 30, 2021
Sales and Other Operating Revenues - Third parties	$	1,759	$	—	$	—	$	—	$	1,759
Intersegment Revenues	—		304		—		(304)		—
Sales and Other Operating Revenues	$	1,759	$	304	$	—	$	(304)	$	1,759
Net Income (Loss) attributable to Hess Corporation	$	178	$	61	$	(124)	$	—	$	115
Depreciation, Depletion and Amortization	308		41		—		—		349
Provision for Income Taxes	140		3		—		—		143
Capital Expenditures	469		59		—		—		528
For the Nine Months Ended September 30, 2022
Sales and Other Operating Revenues - Third parties	$	8,390	$	—	$	—	$	—	$	8,390
Intersegment Revenues	—		961		—		(961)		—
Sales and Other Operating Revenues	$	8,390	$	961	$	—	$	(961)	$	8,390
Net Income (Loss) attributable to Hess Corporation	$	1,755	$	205	$	(361)	$	—	$	1,599
Depreciation, Depletion and Amortization	1,062		135		2		—		1,199
Impairment and other	54		—		—		—		54
Provision for Income Taxes	788		19		—		—		807
Capital Expenditures	1,802		169		—		—		1,971
For the Nine Months Ended September 30, 2021
Sales and Other Operating Revenues - Third parties	$	5,236	$	—	$	—	$	—	$	5,236
Intersegment Revenues	—		887		—		(887)		—
Sales and Other Operating Revenues	$	5,236	$	887	$	—	$	(887)	$	5,236
Net Income (Loss) attributable to Hess Corporation	$	461	$	212	$	(379)	$	—	$	294
Depreciation, Depletion and Amortization	1,007		122		1		—		1,130
Impairment and other	147		—		—		—		147
Provision for Income Taxes	379		9		—		—		388
Capital Expenditures	1,145		129		—		—		1,274

Identifiable assets by operating segment were as follows:

	September 30, 2022		December 31, 2021
	(In millions)
Exploration and Production	$	15,172	$	14,173
Midstream	3,780		3,671
Corporate, Interest and Other	2,691		2,671
Total	$	21,643	$	20,515