Operating and Financial Data - 2011 Annual Report

OPERATING DATA 2011 2010 2009 2008 2007
Year-End Proved Reserves
Natural Gas (Bcf) 5,043 4,361 2,904 3,315 3,307
Liquids (MMBbls) 369 365 336 311 329
Total (MMBoe) 1,209 1,092 820 864 880
Sales Volumes
Natural Gas (Bcf) 296 287 285 281 251
Liquids (MMBbls)[1] 32 31 29 32 31
Total (MMBoe) 81 79 77 79 73
Average Sales Price
Natural Gas (per Mcf) $ 3.04 $ 3.00 $ 2.54 $ 5.04 $ 5.26
Crude Oil
and Condensate (per Bbl)[2]
$ 100.93 $ 76.46 $ 55.76 $ 82.60 $ 60.61
FINANCIAL DATA 2011 2010 2009 2008 2007
(In millions, except per share amounts and ratios)
Revenues $ 3,763 $ 3,022 $ 2,313 $ 3,901 $ 3,272
Net Income (Loss)[3] $ 453 $ 725 $ (131) $ 1,350 $ 944
Earnings (Loss) per Share Diluted $ 2.54 $ 4.10 $ (0.75) $ 7.58 $ 5.45
Weighted Average Shares Diluted 179 177 173 176 173
Cash Dividend per Share $ 0.80 $ 0.72 $ 0.72 $ 0.66 $ 0.44
Net Cash Provided by
Operating Activities
$ 2,170 $ 1,946 $ 1,508 $ 2,285 $ 2,017
Capital Expenditures [4] $ 3,024 $ 2,143 $ 1,317 $ 2,264 $ 1,739
Total Assets $ 16,444 $ 13,282 $ 11,807 $ 12,384 $ 10,831
Total Debt $ 4,469 $ 2,272 $ 2,037 $ 2,266 $ 1,876
Stockholders' Equity $ 7,265 $ 6,848 $ 6,157 $ 6,309 $ 4,809
Total Debt-to-Book-Capital Ratio 38% 25% 25% 26% 28%
Debt per Boe $ 3.70 $ 2.08 $ 2.48 $ 2.62 $ 2.13
[1] Includes sales from equity method investees
[2] Excludes equity method investees
[3] See Adjusted Earnings and Reconciliation to Net Income (Loss)
per the Company's quarterly earnings releases
[4] Excludes non-cash Aseng FPSO accrual and corporate acquisitions