Big Oil Has $150 Billion in Cash and Investors Want a Share
5 min read 08 May 2023, 05:38 PM IST Companies boost shareholder returns and keep funds for when the boom goes bust
PremiumOil-and-gas companies have built up a mountain of cash with few precedents in recent history. Wall Street has a few ideas on how to spend it—and new drilling isn’t near the top of the list.
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