May 14, 2021

Drowning in cash, big oil’s biggest challenge is how to spend it

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From Newsmax Big Oil’s big payday has finally arrived. The question now is how to spend the extra cash. Investors will be reading the third-quarter tea leaves to discern whether executives plan to boost dividends and buybacks, hike spending on shiny new mega projects, or perhaps even do both. What they do know is that […]