Weighted Average Common Shares

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Weighted Average Common Shares

10. Weighted Average Common Shares

The Net income and weighted average number of common shares used in the basic and diluted earnings per share computations were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(In millions)
Net income attributable to Hess Corporation:
Net income	$	851	$	205	$	1,918	$	633
Less: Net income attributable to noncontrolling interests	94		86		189		168
Net income attributable to Hess Corporation	$	757	$	119	$	1,729	$	465
Weighted average number of common shares outstanding:
Basic	306.9		306.0		306.6		305.7
Effect of dilutive securities
Restricted common stock	0.4		0.3		0.4		0.5
Stock options	0.6		0.7		0.6		0.7
Performance share units	0.4		0.5		0.5		0.5
Diluted	308.3		307.5		308.1		307.4

The following table summarizes the number of antidilutive shares excluded from the computation of diluted shares:

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Restricted common stock	1,474	1,789	824	61,489
Stock options	188,298	189,479	188,779	121,226
Performance share units	—	—	—	—

During the six months ended June 30, 2024, we granted 737,371 shares of restricted stock (2023: 451,226), no performance share units (2023: 130,272) and no stock options (2023: 189,479).