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Oil giants brace for a bruising earnings season — with shareholder returns at risk
A weaker crude price environment has ramped up the pressure on Big Oil’s commitment to allocating cash to shareholders.
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cnbc.com
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Oil giants brace for a bruising earnings season — with shareholder returns at risk
A weaker crude price environment has ramped up the pressure on Big Oil’s commitment to allocating cash to shareholders.
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Oil giant Shell posts weakest quarterly profit in nearly five years, keeps buybacks steady
The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.