Say Goodbye To Big Oil’s Big Buybacks ...Middle East

Oil companies have recently announced an increase in share buyback programs, supported by the highest annual earnings the industry has ever made. The markets have cheered most of the repurchase plans of the energy firms, which now look to attract more investors and keep the current ones with attractive shareholder distributions and higher dividend and buyback yields. The 2022 profits and cash flows of the energy companies came in at record highs, but this year’s earnings are expected to be lower, albeit still high…

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Say Goodbye To Big Oil’s Big Buybacks ...Middle East

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