Hess 2002 Annual Report Download - page 3

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1
Dollar amounts in millions, except per share data 2002 2001
Financial
—
For The Year
Sales and other operating revenues $11,932 $13,413
Net income (loss) $ (218) $ 914
Net income (loss) per share $ (2.48) $ 10.25
Operating earnings, excluding special items(a) $ 551 $ 945
Common stock dividends per share $ 1.20 $ 1.20
Capital expenditures $ 1,534 $ 5,221(b)
Weighted average shares outstanding
—
in thousands 88,187 89,129
Financial
—
At Year-End
Total assets $13,262 $15,369
Total debt $ 4,992 $ 5,665
Stockholders’ equity $ 4,249 $ 4,907
Operating
—
For The Year
Production
—
net
Crude oil and natural gas liquids
—
thousands of barrels per day
United States 66 77
Foreign 259 221
Total 325 298
Natural gas
—
thousands of Mcf per day
United States 373 424
Foreign 381 388
Total 754 812
Barrels of oil equivalent
—
thousands of barrels per day 451 433
Refining and marketing
—
thousands of barrels per day
Refining crude runs
—
HOVENSA L.L.C.(c) 181 202
Refined products sold 383 387
(a) Excludes charges for after-tax special items of $769 million in 2002 and $31 million in 2001.
(b) Includes $2,720 million for the acquisition of Triton Energy Limited and $920 million for Gulf of Mexico oil and gas fields.
(c) Reflects the Corporation’s 50% share of HOVENSA’s crude runs.
See Management’s Discussion and Analysis of Results of Operations beginning on page 14.
FINANCIAL AND OPERATING HIGHLIGHTS
Amerada Hess Corporation and Consolidated Subsidiaries