Post Tagged with: "buybacks"

Source: Reuters

TotalEnergies promises more distributions, buybacks as oil prices soar

Oil Price


As oil prices soar and investors wait for signs that oil company stocks will start to catch up, French TotalEnergies has announced plans to boost production and shareholder distributions, lifting its stock price by almost a percentage point …

Source: Reuters

U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

US News


The two largest U.S. oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European majors a day earlier.

The U.S.

Source: Reuters

Exxon, Chevron target billions in share buybacks as cash flow surges

World Oil


HOUSTON (Bloomberg) –Exxon Mobil Corp. and Chevron Corp. are plowing windfall profits into share buybacks as soaring energy prices boost their cash flow.

Exxon will revive repurchases for the first time since 2016. The company said Friday it …

Source: Reuters

ConocoPhillips reports first-quarter 2021 results; declares quarterly dividend; announces debt-reduction plan and intention to begin sales of Cenovus shares with proceeds to fund incremental buybacks; schedules midyear market update

ConocoPhillips (NYSE: COP) today reported first-quarter 2021 earnings of $1.0 billion, …

Source: Reuters

ConocoPhillips forecasts smaller-than-expected loss, to resume buybacks

Reuters


ConocoPhillips COP.N on Wednesday forecast a smaller-than-expected quarterly adjusted loss and said it would resume buying back its shares after a historic collapse in crude prices forced the U.S. oil and gas producer to halt the program in April.…