2011 annual report

 

FINANCIAL AND OPERATING HIGHLIGHTS

Amounts in millions, except per share data

FINANCIAL — FOR THE YEAR20112010 
Sales and other operating revenues$ 38,466$ 33,862 
Net income attributable to Hess Corporation$ 1,703$ 2,125 
Net income per share diluted$ 5.01$ 6.47 
Common stock dividends per share$ .40$ .40 
Net cash provided by operating activities$ 4,984$ 4,530 
Capital and exploratory expenditures$ 7,462$ 5,855 
Weighted average diluted shares outstanding339.9328.3 
 
FINANCIAL — AT YEAR END20112010 
Total assets$ 39,136$ 35,396 
Total debt$ 6,057$ 5,583 
Total equity$ 18,592$ 16,809 
Debt to capitalization ratio(a)24.6 %24.9 % 
Common stock price$ 56.80$ 76.54 
 
OPERATING — FOR THE YEAR20112010 
Production — net
  Crude oil and natural gas liquids (thousands of barrels per day)
 
     United States9489 
     International172218 
Total266307 
Natural gas (thousands of mcf per day)   
     United States100108 
     International523561 
Total623669 
     Barrels of oil equivalent (thousands of barrels per day)370418 
Marketing and Refining (thousands of barrels per day) 
     Refining crude runs — HOVENSA L.L.C.(b)142195 
     Refined petroleum products sold430471 
(a) Total debt as a percentage of the sum of total debt and total equity.
(b) Reflects the Corporation's 50% share of HOVENSA's crude runs.
See Management's Discussion and Analysis of Results.