Post Tagged with: "target billions"

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 …