Big Oil could cut share buybacks as crude prices slump, investors fear

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When Exxon Mobil and Chevron report on the results of the first trimester this week, investors will focus on how Decline in oil prices For the rest of the 2025, they have increased the risk of selling dividends and shares.

Great oil has returned cash to investors and the strategic cornerstone of its efforts for WOO WALL STREET. US President Donald Trump’s global tariff statements have feared a weak demand for oil and prompts the forecast to lower the prospects for oil prices.

Lower prices will give large oil in less cash Distribute to shareholders.

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Oil recycling plant

Great oil has returned cash to investors and the strategic cornerstone of its efforts for WOO WALL STREET. (Getty Images / Getty Images)

“We believe that the quarterly results will disappear from a decree prospect, taking into account the commissions of the commodity market,” Paul Chen was wrote in the research note.

Investors will seek companies to describe how they plan to overcome the low oil prices, it is possible to provide parameter repurchase services or by knocking in cash, analysts are research.

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Exxon and Chevron, two largest US manufacturers report on Friday and both are expected to post Raising profits from the fourth quarter. Analysts expect $ 1.73 for each share of EXXON, and $ 2.18 per share for Chevron, according to LSEG data.

Exxon Chevron:

Explore two largest US producers Exxon and Chevron reporting on Friday about quarterly results. (ISTOCK / ISTOCK)

During the January-March quarter, the average council prices on average amounted to $ 74.98 per barrel, 1.3% of the previous quarter. US natural gas prices have risen by 30%.

On April 2, oil prices began with free decline, Tramper was declared trading partners.

Oil now hovers around $ 66 per barrel, Analysts suggest model scenarios, where the prices remain $ 60,000 this year or even decrease $ 50.

Grieving Safety Last Vocation Change%
Rip Exxon Mobil Corp. 108.63 +0.06

+ 0.06%

CVX: Chevron Corp. 140.11 +1.41

+ 1.01%

Thread BP PLC: 29.13 -0.06

-0.21%

So far, the prices of Brent are still $ 66.79 per barrel on average. During the month, the US Department of Energy Affairs sharply cuts its prices on average from $ 74.22 to 2025 per barrel. 2026

Chevron can reduce the pricers if the weak oil prices continue, say analysts of the four firms. The second largest oil company in the United States used to rule the annual shares of $ 10 billion and $ 20 billion.

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The company is a reduction in cost of up to $ 3 billion and to the end 8000 employees.

The BP of the United Kingdom may be forced to reduce the quotes of the shares, said analysts who will raise pressure on the shares of underferee.

BP LOGO

The BP logo is viewed outside the gas station on September 23, 2021, in London, England. (Photo: Leon Neal / Getty Images) ((Photo: Leon Neli / Getty Images) / Getty Images)

Chevron requires $ 95 to cover $ 95 to cover the dividends and pricers compared to $ 88 for Exxon. Both companies can only include only dividends with prices in the mid-1950s.

2025 The price of $ 60’s fire forecasts the “Bank of America” ​​forecasts Chevron will restore $ 11 billion in the company’s low levels.

Analysts from at least three firms agreed to keep Exxon in a stronger position Dividends and Shares Posts: Develop efforts to reduce the price of balance and oil production in excess cash. Exxon has announced that he expects to buy shares of $ 20 billion a year until 2026, and last year pays $ 16.7 billion.

Oil drilling in the Middle East

Chevron requires $ 95 to cover $ 95 to cover the dividends and pricers compared to $ 88 for Exxon. (Reuters / Angus Mordant / File Photo / Reuters Photos)

“We think there is more probability than many of their peers who (Exxon) can maintain the payment rate,” Shoteyb Cheng wrote in a research note.

Exxon and Chevron did not respond to comments requests.

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The probability that companies declare cuts to capital expenditures are low in the short term, but future districts can come, wrote TD Cowen analyst Jason Gabelman.

Expenses on foil assets and green energy transition programs will be most of the cuts, as the shale production can stop and start, while energy transitions are not yet available for business. About 55% of Chevron 2025 Capex are in those two segments, and Exxon’s is less than 50%.

 
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