Positively Impacting Global Communities

Our global operations contribute substantially to social and economic development in the communities in which we operate. For example, our direct economic contributions during 2008 included:  
  • Jobs – ConocoPhillips employs more than 30,000 people around the world.
  • Taxes – $18.3 billion in total tax revenue to governments was generated by our continuing operations, excluding royalties to government entities.
  • Shareholder dividends – $2.9 billion in cash dividends were paid on ConocoPhillips common stock.
  • Capital investments – ConocoPhillips reinvested $19.1 billion in capital expenditures and investments to find new energy supplies.
  • Payments to various vendors and suppliers for products and services:
        • $13.1 billion for production, operating and exploration expenses
        • $2.2 billion for selling, general and administrative expenses