$60 Oil Puts Big Oil’s Record Payouts at Risk

Western energy supermajors are faced with an increasingly difficult challenge: either keep their promise of returning ever-higher shareholder returns or risk spurning investors to save their balance sheets. Record cash has been allocated to shareholders, but with recent double-digit dips in oil prices not reversing, these payouts will be increasingly difficult to maintain. Rystad Energy estimates that the majors will likely need to reduce both investment and shareholder payouts to balance their cash flows in the current oil price environment. “Recent…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com