FT: BP, Chevron and Exxon walk a fine line between paying dividends and investing in operations
February 24, 2016
The Financial Times recently reported on Big Oil’s struggles in 2015. It questions the status of major investments, and the efficacy of cutting projects. The article concludes that prices must rebound for traditional operations to return to profitability, but finds a silver lining in the opportunity for investments in smaller companies and assets.