Hess (HES) - Net assets

Net assets on the balance sheet as of March 2025 : $12.38 Billion USD

According to Hess's latest financial reports the company has $12.38 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hess - Net assets on balance sheet (from 2001 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$$12.00 B	25.01%
2023-12-31	$$9.60 B	13.02%
2022-12-31	$$8.49 B	20.92%
2021-12-31	$$7.02 B	10.91%
2020-12-31	$$6.33 B	-34.73%
2019-12-31	$$9.70 B	-10.86%
2018-12-31	$$10.88 B	-11.87%
2017-12-31	$$12.35 B	-20.76%
2016-12-31	$$15.59 B	-23.58%
2015-12-31	$$20.40 B	-8.6%
2014-12-31	$$22.32 B	-9.94%
2013-12-31	$$24.78 B	16.89%
2012-12-31	$$21.20 B	14.04%
2011-12-31	$$18.59 B	10.61%
2010-12-31	$$16.80 B	24.25%
2009-12-31	$$13.52 B	9.18%
2008-12-31	$$12.39 B	26.78%
2007-12-31	$$9.77 B	19.97%
2006-12-31	$$8.14 B	29.61%
2005-12-31	$$6.28 B	12.31%
2004-12-31	$$5.59 B	4.81%
2003-12-31	$$5.34 B	25.68%
2002-12-31	$$4.24 B	-13.41%
2001-12-31	$$4.90 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ConocoPhillips COP	$64.92 B	424.21%	🇺🇸 USA
Exxon Mobil XOM	$269.96 B	2,079.75%	🇺🇸 USA
Occidental Petroleum OXY	$36.76 B	196.86%	🇺🇸 USA
Marathon Oil MRO	$11.43 B	-7.67%	🇺🇸 USA
Chevron CVX	$195.60 B	1,479.33%	🇺🇸 USA
BP BP	$77.64 B	526.93%	🇬🇧 UK
Sinopec 600028.SS	$137.01 B	1,006.29%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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