| * Includes equity in affiliates |
|---|
| Millions of dollars, except per-share amounts |
2007 |
2006 |
% Change |
| Net income |
$18,688 |
$17,138 |
9.0% |
| Sales and other operating revenues |
$214,091 |
$204,892 |
4.5% |
| Minority interests income |
$107 |
$70 |
52.9% |
| Interest expense (after tax) |
$107 |
$312 |
(65.7)% |
| Capital and exploratory expenditures* |
$20,026 |
$16,611 |
20.6% |
| Total assets at year-end |
$148,786 |
$132,628 |
12.2% |
| Total debt at year-end |
$7,232 |
$9,838 |
(26.5)% |
| Minority interests |
$204 |
$209 |
(2.4)% |
| Stockholders' equity at year-end |
$77,088 |
$68,935 |
11.8% |
| Cash provided by operating activities |
$24,977 |
$24,323 |
2.7% |
| Common shares outstanding at year-end (Thousands) |
2,076,266 |
2,150,390 |
(3.4)% |
| Per-share data |
|
|
|
| Net income — diluted |
$8.77 |
$7.80 |
12.4% |
| Cash dividends |
$2.26 |
$2.01 |
12.4% |
| Stockholders' equity |
$37.13 |
$32.06 |
15.81% |
| Common stock price at year-end |
$93.33 |
$73.53 |
26.93% |
| Total debt to total debt-plus-equity ratio |
8.6% |
12.5% |
|
| Return on average stockholders' equity |
25.6% |
26.0% |
|
| Return on capital employed (ROCE) |
23.1% |
22.6% |
|
Performance Graph
The stock performance graph at right shows how an initial investment of $100 in Chevron stock would have compared with an equal investment in the S&P 500 Index or the Competitor Peer Group. The comparison covers a five-year period beginning December 31, 2002, and ending December 31, 2007, and is weighted by market capitalization as of the beginning of each year. It includes the reinvestment of all dividends that an investor would be entitled to receive and is adjusted for stock splits. The interim measurement points show the value of $100 invested on December 31, 2002, as of the end of each year between 2003 and 2007.
|
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
| *Peer Group: BP p.l.c.-ADS, ExxonMobil, Royal Dutch Shell-ADR and ConocoPhillips |
|---|
| Chevron |
100 |
135.18 |
169.63 |
188.86 |
252.74 |
329.77 |
| S&P 500 |
100 |
128.69 |
142.69 |
149.69 |
173.33 |
182.75 |
| Peer Group* |
100 |
124.15 |
153.00 |
174.80 |
218.81 |
266.53 |