Five Big Oil Companies Set To Reward Investors With Historic $100 Billion in 2023 ...Middle East

Oil companies continue to offer generous shareholder handouts. The energy crisis may have ignited public fury, but it has also paved the way for a historic payoff. In 2023, the five largest oil companies are expected to break all records, distributing over $100 billion to investors. The five super-majors-British Petroleum, Shell, Chevron, ExxonMobil, and TotalEnergies-showered shareholders with dividend payments and share buybacks worth $104 billion in the 2022 calendar year, according to the Institute for Energy Economics and Financial Analysis (IEEFA). According to a Guardian report, the bumper payouts followed a year of record profits for big oil and gas companies after Rus

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