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 2011 included:  
  • Jobs – ConocoPhillips employs approximately 29,800 people around the world.
  • Taxes – $14.9 billion in total tax revenue to governments was generated by our continuing operations, excluding royalties to government entities.
  • Shareholder dividends – $3.6 billion in cash dividends were paid on ConocoPhillips common stock.
  • Capital investments – ConocoPhillips reinvested $14.0 billion in capital expenditures and investments to find new energy supplies.
  • Payments to various vendors and suppliers for products and services:
        • $11.8 billion for production, operating and exploration expenses
        • $2.1 billion for selling, general and administrative expenses