Oil's Slippery Slope: Dividends, Layoffs, and Global Shifts
Update: 2025-10-07
Description
Big Oil Braces for Impact: Plummeting prices below $70 a barrel are forcing ExxonMobil, Chevron, and BP to consider slashing dividends and buybacks, potentially wiping out $100 billion in shareholder returns. Layoffs are looming, asset sales are on the table, and even OPEC+ can't stop the slide. Is this the beginning of a major shakeup for the energy giants as new international players emerge and global demand wavers?
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
