Hess 2005 Annual Report Download - page 3

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Financial and
Operating Highlights
Amerada Hess Corporation and Consolidated Subsidiaries
Dollar amounts in millions, except per share data 2005 2004
FINANCIAL — FOR THE YEAR
Sales and other operating revenues $ 22,747 $ 16,733
Income from continuing operations $ 1,242 $ 970
Net income $ 1,242 $ 977
Net income per share diluted $ 11.94 $ 9.57
Common stock dividends per share $ 1.20 $ 1.20
Net cash provided by operating activities $ 1,840 $ 1,903
Capital and exploratory expenditures $ 2,490 $ 1,650
Weighted average diluted shares outstanding — in thousands 104,035 102,086
FINANCIAL — AT YEAR-END
Total assets $ 19,115 $ 16,312
Total debt $ 3,785 $ 3,835
Stockholders’ equity $ 6,286 $ 5,597
Debt to capitalization ratio(a) 37.6% 40.7%
Common stock price $ 126.82 $ 82.38
OPERATING — FOR THE YEAR
Production — net
Crude oil and natural gas liquids —
thousands of barrels per day
United States 56 56
Foreign 188 190
Total 244 246
Natural gas — thousands of Mcf per day
United States 137 171
Foreign 407 404
Total 544 575
Barrels of oil equivalent —
thousands of barrels per day 335 342
Marketing and Refining — thousands of barrels per day
Refining crude runs — HOVENSA L.L.C.(b) 231 242
Refined products sold 456 428
(a) Total debt as a percentage of the sum of total debt and stockholders’ equity.
(b) Reflects the Corporation’s 50% share of HOVENSA’s crude runs.
See Management’s Discussion and Analysis of Results of Operations.