Lilbitt
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Western energy majors are on course to buy back shares at near record levels this year as soaring oil and gas prices enable them to deliver bumper profits and boost returns for investors.
According to data from Bernstein Research, the seven supermajors — including $BP PLC (BP.US)$, $Shell (SHEL.US)$, $Exxon Mobil (XOM.US)$ and $Chevron (CVX.US)$ — are poised to return $38bn to shareholders through buyback programs this year.
Investment...
According to data from Bernstein Research, the seven supermajors — including $BP PLC (BP.US)$, $Shell (SHEL.US)$, $Exxon Mobil (XOM.US)$ and $Chevron (CVX.US)$ — are poised to return $38bn to shareholders through buyback programs this year.
Investment...
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Current volatility is a blessing in disguise. it will give retail investors opportunity to buy good stocks for less. I expect the slump to last for a year and a 2 year bull run after that. I plan to remain invested in the market for that period
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Lilbitt : Cool