Fundamentals
Annual Balance Sheet (In Millions of U.S. Dollars except for per share
items)
| Period Ended |
12/31/09 |
12/31/08 |
12/31/07 |
12/31/06 |
12/31/05 |
| Total Receivables, Net |
331.72 |
464.84 |
254.15 |
329.77 |
285.77 |
| Notes Payable/Short Term Debt |
0 |
62 |
134 |
58 |
153 |
| Current Port. of LT Debt/Capital Leases |
150 |
0 |
10 |
100 |
15 |
| Other Current liabilities, Total |
154.98 |
183.7 |
156.45 |
169.5 |
173.88 |
| Total Current Liabilities |
520.76 |
510.1 |
606.23 |
560.88 |
688.31 |
| Total Long Term Debt |
410.79 |
561.63 |
562.37 |
582.49 |
683.24 |
| Total Debt |
560.79 |
623.63 |
706.37 |
740.49 |
851.24 |
| Deferred Income Tax |
505.46 |
482.06 |
238.71 |
250.91 |
148.04 |
| Other Liabilities, Total |
377.87 |
308.32 |
293.69 |
240.54 |
205.96 |
| Total Liabilities |
1,814.88 |
1,862.11 |
1,701 |
1,634.82 |
1,725.55 |
| Common Stock, Total |
0.75 |
0.75 |
0.74 |
0.74 |
0.74 |
| Additional Paid-In Capital |
464.46 |
457.58 |
437.8 |
415.79 |
397.66 |
| Retained Earnings (Accumulated Deficit) |
1,626.75 |
1,405.97 |
1,119.82 |
844.88 |
603.31 |
| Treasury Stock - Common |
-124.46 |
-123.77 |
-109.6 |
-100.67 |
-13 |
| Other Equity, Total |
20.74 |
172.77 |
-70.1 |
41.33 |
-96.04 |
| Total Equity |
1,988.24 |
1,913.29 |
1,378.66 |
1,202.07 |
892.68 |
| Total Liabilities & Shareholders' Equity |
3,803.12 |
3,775.4 |
3,079.65 |
2,836.89 |
2,618.23 |
| Total Common Shares Outstanding |
71.6 |
71.54 |
70.82 |
70.45 |
72.43 |
| Treas Shares - Common Stock Prmry Issue |
2.99 |
2.98 |
3.37 |
3.25 |
1.07 |
| Total Inventory |
63.32 |
94 |
95.28 |
81.82 |
82.9 |
| Full-Time Employees |
1,515 |
1,530 |
1,542 |
1,530 |
1,500 |
| Number of Common Shareholders |
6,708 |
6,902 |
7,135 |
7,390 |
7,662 |
| Deferred Revenue - Current |
20.84 |
22.08 |
21.43 |
21.09 |
20.77 |
| Prepaid Expenses |
11.53 |
29.31 |
26.51 |
32.21 |
22.37 |
| Total Current Assets less Inventory |
452.28 |
549.04 |
353.75 |
407.76 |
395.59 |
| Quick Ratio |
0.87 |
1.08 |
0.58 |
0.73 |
0.57 |
| Current Ratio |
0.99 |
1.26 |
0.74 |
0.87 |
0.7 |
| Net Debt |
484.94 |
610.45 |
697.68 |
730.18 |
842.52 |
| Tangible Book Value |
1,988.24 |
1,913.29 |
1,378.66 |
1,202.07 |
892.68 |
| Tangible Book Value per Share |
27.77 |
26.74 |
19.47 |
17.06 |
12.33 |
| Total Long Term Debt, Supplemental |
561.52 |
562.56 |
573.47 |
355 |
699.65 |
| Long Term Debt Maturing within 1 Year |
150 |
0 |
10 |
100 |
15 |
| Long Term Debt Maturing in Year 2 |
3 |
77.5 |
0 |
100 |
100 |
| Long Term Debt Maturing in Year 3 |
3 |
77.5 |
150 |
0 |
10 |
| Long Term Debt Maturing in Year 4 |
25 |
25.5 |
5 |
150 |
0 |
| Long Term Debt Maturing in Year 5 |
25 |
25.5 |
1 |
5 |
150 |
| Long Term Debt Maturing in 2-3 Years |
6 |
155 |
150 |
100 |
110 |
| Long Term Debt Maturing in 4-5 Years |
50 |
51 |
6 |
155 |
150 |
| Long Term Debt Matur. in Year 6 & Beyond |
355.52 |
356.56 |
407.47 |
0 |
424.65 |
| Total Operating Leases, Supplemental |
43.38 |
46.27 |
46.15 |
46.18 |
49.69 |
| Operating Lease Payments Due in Year 1 |
5.67 |
5.76 |
4.13 |
3.77 |
3.84 |
| Operating Lease Payments Due in Year 2 |
5.24 |
5.29 |
4.26 |
3.33 |
3.6 |
| Operating Lease Payments Due in Year 3 |
4.88 |
4.2 |
3.83 |
3.25 |
3.22 |
| Operating Lease Payments Due in Year 4 |
4.04 |
4.22 |
3.66 |
3.11 |
3.22 |
| Operating Lease Payments Due in Year 5 |
3.43 |
3.52 |
3.68 |
3.12 |
3.1 |
| Operating Lease Pymts. Due in 2-3 Years |
10.13 |
9.49 |
8.09 |
6.58 |
6.82 |
| Operating Lease Pymts. Due in 4-5 Years |
7.48 |
7.73 |
7.34 |
6.23 |
6.31 |
| Oper. Lse. Pymts. Due in Year 6 & Beyond |
20.12 |
23.3 |
26.59 |
29.59 |
32.72 |
| Pension Obligation - Domestic |
213.92 |
190.43 |
199.36 |
198.64 |
200.98 |
| Post-Retirement Obligation |
84.09 |
76.63 |
78.98 |
63.82 |
70.23 |
| Plan Assets - Domestic |
167.65 |
139.27 |
176.64 |
160.94 |
140.21 |
| Plan Assets - Post-Retirement |
72.23 |
56.42 |
86.66 |
77.94 |
73.55 |
| Funded Status - Domestic |
-46.27 |
-51.16 |
-22.72 |
-37.7 |
-60.77 |
| Funded Status - Post-Retirement |
-11.86 |
-20.21 |
7.69 |
14.12 |
3.32 |
| Accumulated Obligation - Domestic |
177.71 |
156.3 |
161.44 |
NA |
NA |
| Accumulated Obligation - Post-Retirement |
NA |
NA |
78.98 |
63.82 |
70.23 |
| Total Funded Status |
-58.13 |
-71.36 |
-15.03 |
-23.58 |
-57.44 |
| Discount Rate - Domestic |
5.49 |
6.5 |
6.18 |
5.77 |
5.5 |
| Discount Rate - Post-Retirement |
5.9 |
6.5 |
6.4 |
5.95 |
NA |
| Other Current Assets, Total |
33.2 |
41.71 |
64.4 |
35.48 |
78.75 |
| Compensation Rate - Domestic |
3.95 |
3.9 |
4.07 |
4.22 |
3.58 |
| Compensation Rate - Post-Retirement |
3.69 |
3.55 |
3.65 |
3.7 |
3.5 |
| Prepaid Benefits - Domestic |
NA |
0 |
12.44 |
5.59 |
NA |
| Total Current Assets |
515.61 |
643.04 |
449.03 |
489.58 |
478.49 |
| Prepaid Benefits - Post-Retirement |
NA |
NA |
7.92 |
14.39 |
NA |
| Accrued Liabilities - Domestic |
-46.27 |
-51.16 |
-35.11 |
-36.14 |
NA |
| Accrued Liabilities - Post-Retirement |
-11.86 |
-20.21 |
NA |
NA |
NA |
| Other Assets, Net - Domestic |
30.57 |
28.74 |
22.2 |
25.83 |
NA |
| Other Assets, Net - Post-Retirement |
1.22 |
2.31 |
-1.03 |
-2.66 |
NA |
| Net Assets Recognized on Balance Sheet |
-26.34 |
-40.31 |
6.42 |
7.02 |
NA |
| Equity % - Domestic |
44 |
47 |
51 |
53 |
NA |
| Equity % - Post-Retirement |
70 |
65 |
70 |
71 |
NA |
| Debt Securities % - Domestic |
28 |
30 |
29 |
31 |
NA |
| Debt Securities % - Post-Retirement |
30 |
35 |
30 |
20 |
NA |
| Other Investments % - Domestic |
28 |
23 |
20 |
16 |
NA |
| Other Investments % - Post-Retirement |
NA |
NA |
0 |
9 |
NA |
| Total Plan Obligations |
298.01 |
267.06 |
278.34 |
262.46 |
271.21 |
| Total Plan Assets |
239.88 |
195.7 |
263.3 |
238.88 |
213.76 |
| Developed Square Kilometers - Oil & Gas |
2,223.83 |
2,166.43 |
2,287.23 |
2,320.85 |
2,318.69 |
| Undeveloped Square Kilometers -Oil & Gas |
1,670.08 |
1,464.71 |
1,165.8 |
463.45 |
504.11 |
| Number of Wells, New |
131.4 |
201 |
157.2 |
194.8 |
159.7 |
| Number of Wells, Total |
4,596 |
4,032 |
3,920 |
3,730 |
3,488 |
| Oil and LNG Reserves, Proved (Barrels) |
108,220,000 |
90,987,000 |
106,289,000 |
104,397,000 |
106,896,000 |
| Natural Gas Reserves, Proved (Cu.Mts.) |
25,418,502,720 |
29,408,988,960 |
31,602,797,760 |
31,050,869,280 |
30,590,159,520 |
| Cash and Short Term Investments |
75.84 |
13.18 |
8.69 |
10.31 |
8.71 |
| Property/Plant/Equipment, Total - Net |
2,422.77 |
2,181.28 |
1,877.9 |
1,612.93 |
1,470.23 |
| Total Utility Plant, Net |
721.7 |
686.37 |
660.34 |
639.49 |
597.78 |
| Other Long Term Assets, Total |
143.04 |
264.72 |
92.38 |
94.89 |
71.72 |
| Total Assets |
3,803.12 |
3,775.4 |
3,079.65 |
2,836.89 |
2,618.23 |
| Accounts Payable |
188.43 |
239.43 |
280.37 |
208.83 |
312.8 |
| Accrued Expenses |
27.35 |
24.97 |
25.41 |
24.55 |
33.63 |
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