Our annual ranking of the world's largest corporations

9 of 500
9. ConocoPhillips
Financials: Latest Results
Rank: 9 (Previous rank: 12)
CEO: Ryan M. Lance
Employees: 29,800
Address: 600 N. Dairy Ashford Rd.
Houston, Texas 77079
Country: U.S.
Website: www.conocophillips.com

ConocoPhillips has a strategy for success: less is more. The company continued to shed the remainder of its LUKOIL assets in 2011 and shifted its focus toward assets that give the highest returns. In addition to reducing its debt by nearly $1 billion, ConocoPhillips increased its revenues by 26%, up from $198.7 million in 2010, according to its annual report.-- S.J.

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  $ millions % change from 2010
Revenues 237,272.0 28.3
Profits 12,436.0 9.5
Assets 153,230.0 --
Stockholders' equity 65,224.0 --
Profits as % of  
Revenues 5.2
Assets 8.1159
From the July 23, 2012 issue
Company spun off its refining business, Phillips 66, April 30, 2012.
Excise taxes have been deducted.
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Rank # of Global 500 Companies
U.S. 132
China 73
Japan 68
Company 2011 Number of Employees
Wal-Mart Stores 2,200,000
China National Petroleum 1,668,072
State Grid 1,583,000
Company 2011 Profits
($ millions)
Gazprom $44,459.6
Exxon Mobil $41,060
Industrial & Commercial Bank of China $32,214.1
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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