Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With Cash - The Wall Street Journal

Exxon said it would raise its share repurchase program to $30 billion through 2023, and France’s Total said it could double its buybacks

Big oil companies are continuing to reap the benefits of high commodity prices but arent backing off plans to reward investors while keeping production roughly flat. Exxon Mobil Corp. said Friday i… [+206 chars]

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