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Reuters

Reuters

Business

Business & Economics

Big Oil earnings show split in production strategy, shareholder returns

Reuters
Summary
Nutrition label

79% Informative

Investors were focused on whether companies would cut share repurchases.

Lower crude prices would leave them with less cash to fund the programs.

U.S.-based Exxon Mobil and UK -based Shell kept pace of share buybacks.

Chevron and BP said they would reduce buybacks in the second quarter .

Exxon increased production by 20% year-over-year in the Permian Basin .

VR Score

90

Informative language

95

Neutral language

79

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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