Hess 2007 Annual Report Download - page 3

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Financial and Operating Highlights
Amounts in millions, except per share data 2007 2006
FINANCIAL FOR THE YEAR
Sales and other operating revenues $ 31,647 $ 28,067
Net income $ 1,832 $ 1,920
Net income per share diluted $ 5.74 $ 6.08
Common stock dividends per share $ .40 $ .40
Net cash provided by operating activities $ 3,507 $ 3,491
Capital and exploratory expenditures $ 3,926 $ 4,056
Weighted average diluted shares outstanding 319.3 315.7
FINANCIAL AT YEAR END
Total assets $ 26,131 $ 22,442
Total debt $ 3,980 $ 3,772
Stockholders’ equity $ 9,774 $ 8,147
Debt to capitalization ratio(a) 28.9% 31.6%
Common stock price $ 100.86 $ 49.57
OPERATING FOR THE YEAR
Production—net
Crude oil and natural gas liquids (thousands of barrels per day)
United States 41 46
International 234 211
Total 275 257
Natural gas (thousands of Mcf per day)
United States 88 110
International 525 502
Total 613 612
Barrels of oil equivalent (thousands of barrels per day) 377 359
Marketing and Refining (thousands of barrels per day)
Refining crude runs—HOVENSA L.L.C.(b) 227 224
Refined products sold 451 459
(a) Total debt as a percentage of the sum of total debt and stockholders’ equity.
(b) Reflects the Corporation’s 50% share of HOVENSAs crude runs.
See Management’s Discussion and Analysis of Results.
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