EX-13 3 h21250exv13.htm PORTIONS OF 2004 ANNUAL REPORT TO STOCKHOLDERS exv13
 

EXHIBIT 13

FIVE YEAR FINANCIAL HIGHLIGHTS *

                                                 
            % change                          
dollars in millions, except per share amounts   2004     2004-2003     2003     2002     2001     2000  
 
Revenues
  $ 6,067       18     $ 5,122     $ 3,845     $ 4,718     $ 2,911  
Operating Income (Loss)
    2,881       30       2,208       1,410       (363 )     1,352  
Net Income (Loss) Available to Common Stockholders before Change in Accounting Principle
    1,601       29       1,240       825       (183 )     813  
Net Income (Loss)
    1,601       24       1,287       825       (188 )     796  
Net Cash Provided by Operating Activities
  $ 3,207       5     $ 3,043     $ 2,196     $ 3,321     $ 1,536  
Per Common Share:
                                               
Net Income (Loss) — Basic
  $ 6.41       24     $ 5.16     $ 3.32     $ (0.75 )   $ 4.32  
Net Income (Loss) — Diluted
  $ 6.36       25     $ 5.09     $ 3.21     $ (0.75 )   $ 4.16  
Dividends
  $ 0.56       27     $ 0.44     $ 0.325     $ 0.225     $ 0.20  
Average Shares Outstanding — Basic
    250             250       248       250       184  
Average Shares Outstanding — Diluted
    252             253       260       250       193  
Capital Expenditures
  $ 3,090       11     $ 2,792     $ 2,388     $ 3,316     $ 1,708  
 
Total Debt
  $ 3,840       (24 )   $ 5,058     $ 5,471     $ 5,050     $ 3,984  
Stockholders’ Equity
    9,285       8       8,599       6,972       6,365       6,786  
Total Assets
  $ 20,192       (2 )   $ 20,546     $ 18,248     $ 16,771     $ 16,590  
 
Annual Sales Volumes:
                                               
Gas (Bcf)
    637       (1 )     643       642       695       385  
Oil and Condensate (MMBbls)
    67             67       75       68       36  
NGLs (MMBbls)
    17             17       15       15       12  
Total Barrels of Oil Equivalent (MMBOE)
    190       (1 )     192       197       199       112  
 
Average Daily Sales Volumes:
                                               
Gas (MMcf/d)
    1,741       (1 )     1,762       1,760       1,904       1,052  
Oil and Condensate (MBbls/d)
    185       1       184       205       186       98  
NGLs (MBbls/d)
    45       (4 )     47       41       42       33  
Total Barrels of Oil Equivalent (MBOE/d)
    520       (1 )     525       539       546       306  
 
Oil Reserves (MMBbls)
    1,113       (9 )     1,226       1,131       1,132       1,046  
Gas Reserves (Tcf)
    7.5       (3 )     7.7       7.2       7.0       6.1  
Total Reserves (MMBOE)
    2,367       (6 )     2,513       2,328       2,305       2,061  
 
Number of Employees
    3,300       (6 )     3,500       3,800       3,500       3,500  
 

*   Consolidated for Anadarko Petroleum Corporation and its subsidiaries.
 
**   Natural gas converted to equivalent barrels at the rate of 6,000 cubic feet per barrel.

     
Table of Measures
   
 
   
Bcf — Billion cubic feet
  MMBbls — Million barrels
BOE — Barrels of oil equivalent**
  MMBOE — Million barrels of oil equivalent
MBbls/d — Thousand barrels per day
  MMcf/d — Million cubic feet per day
MBOE/d — Thousand barrels of oil equivalent per day
  Tcf — Trillion cubic feet

 


 

STOCKHOLDER INFORMATION

      The common stock of Anadarko Petroleum Corporation is traded on the New York Stock Exchange. Average daily trading volume was 1,839,000 shares in 2004, 2,358,000 shares in 2003 and 1,793,000 shares in 2002. The ticker symbol for Anadarko is APC and daily stock reports published in local newspapers carry trading summaries for the Company under the headings Anadrk or AnadrkPete. The following shows information regarding the closing market price of and dividends paid on the Company’s common stock by quarter for 2004 and 2003.

                                 
    First     Second     Third     Fourth  
    Quarter     Quarter     Quarter     Quarter  
2004
                               
Market Price
                               
High
  $ 53.00     $ 59.55     $ 66.81     $ 71.05  
Low
  $ 48.65     $ 50.85     $ 55.53     $ 64.07  
Dividends
  $ 0.14     $ 0.14     $ 0.14     $ 0.14  
 
                               
2003
                               
Market Price
                               
High
  $ 48.87     $ 49.95     $ 45.05     $ 51.29  
Low
  $ 42.24     $ 44.17     $ 40.49     $ 41.35  
Dividends
  $ 0.10     $ 0.10     $ 0.10     $ 0.14