FINANCIAL AND OPERATING HIGHLIGHTS Amerada Hess Corporation and Consolidated Subsidiaries Dollar amounts in millions, except per share data 2003 2002 FINANCIALGLYPH<209>FOR THE YEAR Sales and other operating revenues $14,311 $11,551 Income (loss) from continuing operations $ 467 $ (245) Net income (loss) $ 643 $ (218) Net income (loss) per share—diluted $ 7.11 $ (2.48) Common stock dividends per share $ 1.20 $ 1.20 Cash flow from operations $ 1,581 $ 1,965 Capital expenditures $ 1,358 $ 1,534 Weighted average shares outstanding—in thousands 90,342 88,187 FINANCIALGLYPH<209>AT YEAR-END Total assets $13,983 $13,262 Total debt $ 3,941 $ 4,992 Stockholders’ equity $ 5,340 $ 4,249 Debt to capitalization ratio (a) 42.5% 54.0% OPERATINGGLYPH<209>FOR THE YEAR Production — net Crude oil and natural gas liquids— thousands of barrels per day United States 55 66 Foreign 204 259 Total 259 325 Natural gas—thousands of Mcf per day United States 253 373 Foreign 430 381 Total 683 754 Barrels of oil equivalent— thousands of barrels per day (b) 373 451 Refining and marketing—thousands of barrels per day Refining crude runs— HOVENSA L.L.C. (c) 220 181 Refined products sold 419 383 (a)  Total debt as a percentage of the sum of total debt and stockholdersGLYPH<213> equity. (b)  Includes production related to discontinued operations of 13 and 51 thousand barrels per day in 2003 and 2002, respectively. (c) ReGLYPH<223>ects the CorporationGLYPH<213>s 50% share of HOVENSAGLYPH<213>s crude runs. See ManagementGLYPH<213> Discussion and Analysis of Results of Operations beginning on page 15. 1