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Exxon, Chevron Steer Windfall Profits Into Debt Reduction

Business

ExxonMobil Holdings Corp. and Chevron Corp. plowed blowout profits into debt reduction rather than huge buyback increases in a sign of Big Oil’s caution about how long war-driven price rallies will last.


Source: Bloomberg Markets — This article was automatically imported from the source. Read full article at original source →

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Originally published by Bloomberg Markets bloomberg.com
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Gram Slattery

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