Hess (HES) - Net assets

Net assets on the balance sheet as of March 2025 : £9.04 Billion

According to Hess's latest financial reports the company has £9.04 Billion 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	$£9.56 B	26.91%
2023-12-31	$£7.53 B	7.32%
2022-12-31	$£7.02 B	34.92%
2021-12-31	$£5.20 B	11.99%
2020-12-31	$£4.64 B	-37.21%
2019-12-31	$£7.40 B	-13.71%
2018-12-31	$£8.57 B	-6.16%
2017-12-31	$£9.14 B	-27.66%
2016-12-31	$£12.63 B	-8.22%
2015-12-31	$£13.76 B	-3.97%
2014-12-31	$£14.33 B	-4.59%
2013-12-31	$£15.02 B	14.54%
2012-12-31	$£13.11 B	9.67%
2011-12-31	$£11.96 B	9.85%
2010-12-31	$£10.88 B	30.25%
2009-12-31	$£8.35 B	-1.12%
2008-12-31	$£8.45 B	71.84%
2007-12-31	$£4.91 B	18.29%
2006-12-31	$£4.15 B	14.1%
2005-12-31	$£3.64 B	25.03%
2004-12-31	$£2.91 B	-2.34%
2003-12-31	$£2.98 B	12.65%
2002-12-31	$£2.64 B	-21.7%
2001-12-31	$£3.38 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BP BP	£56.73 B	526.93%	🇬🇧 UK
ConocoPhillips COP	£47.43 B	424.21%	🇺🇸 USA
Marathon Oil MRO	£8.35 B	-7.67%	🇺🇸 USA
Occidental Petroleum OXY	£26.86 B	196.86%	🇺🇸 USA
Exxon Mobil XOM	£195.99 B	2,065.71%	🇺🇸 USA
Chevron CVX	£142.92 B	1,479.33%	🇺🇸 USA
Sinopec 600028.SS	£100.11 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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