Post Tagged with: "dividend cut"

Source: CNBC

BP CEO says dividend cut ‘deeply rooted in strategy’ as energy giant ramps up renewable investment

CNBC

The CEO of oil and gas giant BP told CNBC on Wednesday that its decision to “reset” its dividend to 5.25 cents a share was “deeply rooted in strategy.”

The newly announced dividend represents a 50% reduction compared to

…
August 5, 2020 - 1:30 pm — Closing Bell Story‎, Corporate Governance, Crude Oil News, Earnings, Energy News, Renewable Energy
Anadarko Cuts Dividend 81%

Anadarko Cuts Dividend 81%

Anadarko Petroleum Corporation (ticker: APC; www.anadarko.com) announced on February 9, 2016, that the board of directors had approved a reduction in the company’s common stock dividend. The new quarterly dividend was announced as $0.05 per share payable March 23, …

February 9, 2016 - 6:55 pm — Closing Bell Story‎, Earnings, Exploration and Production (E&P), Oil and Gas 360 Articles
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