Hess (HES) 10-K2023 FY Annual report

Each of the foregoing subsidiaries conducts business under the name listed. The above list does not include 45 subsidiary holding companies (18 domestic and 27 non-U.S.) that would otherwise be reported except that they are ultimately 100% owned by the Registrant and, as their line of business, fulfill similar roles to those holding companies separately identified in the above list. In addition, we have excluded subsidiaries associated with divested assets, discontinued activities and those that when considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary.