Chevron 2006 Annual Report Download - page 50

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QUARTERLY RESULTS AND STOCK MARKET DATA
Unaudited
2006 2005
Millions of dollars, except per-share amounts 4TH Q 3RD Q 2ND Q 1ST Q 4TH Q 3RD Q 2ND Q 1ST Q
REVENUES AND OTHER INCOME
Sales and other operating revenues1,2 $ 46,238 $ 52,977 $ 52,153 $ 53,524 $ 52,457 $ 53,429 $ 47,265 $ 40,490
Income from equity affiliates 1,079 1,080 1,113 983 1,110 871 861 889
Other income 429 155 270 117 227 156 217 228
TOTAL REVENUES AND OTHER INCOME 47,746 54,212 53,536 54,624 53,794 54,456 48,343 41,607
COSTS AND OTHER DEDUCTIONS
Purchased crude oil and products2 27,658 32,076 32,747 35,670 34,246 36,101 31,130 26,491
Operating expenses 4,092 3,650 3,835 3,047 3,819 3,190 2,713 2,469
Selling, general and administrative expenses 1,203 1,428 1,207 1,255 1,340 1,337 1,152 999
Exploration expenses 547 284 265 268 274 177 139 153
Depreciation, depletion and amortization 1,988 1,923 1,807 1,788 1,725 1,534 1,320 1,334
Taxes other than on income1 5,533 5,403 5,153 4,794 5,063 5,282 5,311 5,126
Interest and debt expense 92 104 121 134 135 136 104 107
Minority interests 2 20 22 26 33 24 18 21
TOTAL COSTS AND OTHER DEDUCTIONS 41,115 44,888 45,157 46,982 46,635 47,781 41,887 36,700
INCOME BEFORE INCOME TAX EXPENSE 6,631 9,324 8,379 7,642 7,159 6,675 6,456 4,907
INCOME TAX EXPENSE 2,859 4,307 4,026 3,646 3,015 3,081 2,772 2,230
NET INCOME $ 3,772 $ 5,017 $ 4,353 $ 3,996 $ 4,144 $ 3,594 $ 3,684 $ 2,677
PER-SHARE OF COMMON STOCK
INCOME FROM CONTINUING OPERATIONS
– BASIC $ 1.75 $ 2.30 $ 1.98 $ 1.81 $ 1.88 $ 1.65 $ 1.77 $ 1.28
– DILUTED $ 1.74 $ 2.29 $ 1.97 $ 1.80 $ 1.86 $ 1.64 $ 1.76 $ 1.28
NET INCOME
– BASIC $ 1.75 $ 2.30 $ 1.98 $ 1.81 $ 1.88 $ 1.65 $ 1.77 $ 1.28
– DILUTED $ 1.74 $ 2.29 $ 1.97 $ 1.80 $ 1.86 $ 1.64 $ 1.76 $ 1.28
DIVIDENDS $ 0.52 $ 0.52 $ 0.52 $ 0.45 $ 0.45 $ 0.45 $ 0.45 $ 0.40
COMMON STOCK PRICE RANGE – HIGH $ 75.97 $ 67.85 $ 62.88 $ 62.21 $ 64.45 $ 65.77 $ 59.34 $ 62.08
– LOW $ 62.94 $ 60.88 $ 56.78 $ 54.08 $ 55.75 $ 56.36 $ 50.51 $ 50.55
1 Includes excise, value-added and other similar taxes: $ 2,498 $ 2,522 $ 2,416 $ 2,115 $ 2,173 $ 2,268 $ 2,162 $ 2,116
2 Includes amounts for buy/sell contracts: $ – $ – $ – $ 6,725 $ 5,897 $ 6,588 $ 5,962 $ 5,375
The company’s common stock is listed on the New York Stock Exchange (trading symbol: CVX). As of February 23, 2007,
stockholders of record numbered approximately 223,000. There are no restrictions on the company’s ability to pay dividends.
48 CHEVRON CORPORATION 2006 ANNUAL REPORT