| 2005 | 2004 | Change % | |
|---|---|---|---|
| Net production of crude oil and natural gas liquids (Thousands of barrels per day) |
1,669 | 1,710 | (2)% |
| Net production of natural gas (Millions of cubic feet per day) |
4,233 | 3,958 | 7% |
| Net oil-equivalent production (Thousands of oil-equivalent barrels per day) |
2,517 | 2,509 | — |
| Refinery input (Thousands of barrels per day) |
1,883 | 1,958 | (4)% |
| Sales of refined products (Thousands of barrels per day) |
3,768 | 3,908 | (4)% |
| Net proved reserves of crude oil, condensate and natural gas liquids2 (Millions of barrels) |
|||
| — Consolidated companies | 5,626 | 5,511 | 2% |
| — Affiliated companies | 2,374 | 2,462 | (4)% |
| Net proved reserves of natural gas2 (Billions of cubic feet) |
|||
| — Consolidated companies | 20,466 | 16,128 | 27% |
| — Affiliated companies | 2,968 | 3,547 | (16)% |
| Net proved oil-equivalent reserves2 (Millions of barrels) |
|||
| — Consolidated companies | 9,037 | 8,199 | 10% |
| — Affiliated companies | 2,869 | 3,053 | (6)% |
| Number of employees at year-end3 | 53,440 | 47,265 | 13% |
1 Includes equity in affiliates, except number of employees
2 At the end of the year
3 Excludes service station personnel
2 At the end of the year
3 Excludes service station personnel
ANNUAL CASH DIVIDENDS
Dollars per share
The company increased its annual dividend payout for the 18th consecutive year.
CHEVRON YEAR-END COMMON STOCK PRICE*
Dollars per share
The company's stock price rose 8 percent during 2005, outpacing the broader market indexes.
*2001-2003 adjusted for stock split in 2004
RETURN ON CAPITAL EMPLOYED
Percent
Although earnings reached a record level in 2005, return on capital employed declined to 21.9 percent due to the higher capital base resulting from the Unocal acquisition.
NET PROVED RESERVES
Billions of BOE*
- Other International
- Asia-Pacific
- Indonesia
- Africa
- United States
- Affiliates
Net proved reserves for consolidated companies climbed 10 percent in 2005, primarily due to the Unocal acquisition.
*Barrels of oil-equivalent