Hess Tax Provision from 2010 to 2024

HES Stock  USD 147.18  0.42  0.29%   
Hess Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Hess Corporation to cover any estimated taxes for the current period. It reflects Hess' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
296 M
Current Value
270 M
Quarterly Volatility
109.8 M
 
Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 501.9 M or Total Revenue of 14.8 B, as well as many indicators such as Price To Sales Ratio of 4.41, Dividend Yield of 0.0109 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
Check out the analysis of Hess Correlation against competitors.

Latest Hess' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Hess Corporation over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Hess' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Hess Tax Provision Regression Statistics

Arithmetic Mean(212,590,000)
Geometric Mean760,651,963
Coefficient Of Variation(578.34)
Mean Deviation1,085,716,000
Median(11,000,000)
Standard Deviation1,229,482,960
Sample Variance1511628.4T
Range4.1B
R-Value0.69
Mean Square Error848495.6T
R-Squared0.48
Significance0
Slope190,228,750
Total Sum of Squares21162796.9T

Hess Tax Provision History

2024885.1 M
2023843 M
20221.1 B
2021600 M
2020-11 M
2019461 M
2018335 M

About Hess Financial Statements

Hess shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Hess investors may analyze each financial statement separately, they are all interrelated. The changes in Hess' assets and liabilities, for example, are also reflected in the revenues and expenses on on Hess' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision843 M885.1 M

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Additional Tools for Hess Stock Analysis

When running Hess' price analysis, check to measure Hess' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hess is operating at the current time. Most of Hess' value examination focuses on studying past and present price action to predict the probability of Hess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess' price. Additionally, you may evaluate how the addition of Hess to your portfolios can decrease your overall portfolio volatility.