Oil Majors Brace for Dividend Drought as Sub-$70 Crude Bites
Sub-$70 oil is squeezing margins, forcing Exxon, Chevron, and BP to rethink $100 billion in annual returns. Dividends…
Japan’s record share buybacks support stock market rebound
TOKYO — Japanese companies accelerated share buybacks in April to a record level, helping the stock market rebound…
Big Oil earnings show split in production strategy, shareholder returns
Exxon and Shell maintain buybacks amid oil price slump Chevron and BP reduce buybacks due to market conditions…