From UCDavis Chemwiki
The definition of the standard enthalpy of formation is the change in enthalpy when one mole of a substance, in the standard state of 1 atm of pressure and temperature of 298.15 K, is formed from its pure elements under the same conditions. The thermodynamic standard state of a substance is its most stable pure form under standard pressure (1 atm) and at some specific temperature.
Keep in mind the following:
The standard enthalpy change `DeltaH°_(rxn)` for a reaction: reactants `->` products
refers to the `DeltaH` when the specified number of moles of reactants, all at standard states, are converted completely to the specified number of moles of products, all at standard states.