Chevron’s buyback boosts stock, get rebuke from White House
Jan 26, 2023 · Shares of Chevron climbed Thursday after the oil company announced that it would repurchase $75 billion of its stock, one of the largest-ever stock buyback plans. The company’s board also approved an increase of about 6% …
White House blasts Big Oil stock buybacks again as Chevron …
WASHINGTON (Reuters) - The White House on Friday launched a fresh attack against U.S. oil companies, accusing them of using profits to pay shareholders instead of boosting supply, after...
Chevron Reports Record Profits, $75 Billion Buyback; White House …
Jan 27, 2023 · In late November the White House eased oil sanctions on Venezuela. The Biden administration, following a human rights agreement signed between President Nicolaus Maduro's administration and...
White House blasts Big Oil stock buybacks again as Chevron …
Jan 27, 2023 · A White House spokesperson said oil companies instead should boost supply. Chevron posted a record $36.5 billion profit for 2022 and said it would triple its spending on share repurchases.
Swimming in cash, Chevron plans a $75 billion slap in the face to ... - CNN
Jan 26, 2023 · See here: Chevron, which is expected to report Friday that profits for 2022 doubled to more than $37 billion, is essentially balking at calls from the White House and some members of Congress...
White House Blasts Chevron’s Buyback Plan as Pump Prices …
Jan 26, 2023 · Tensions between President Joe Biden and the oil industry are intensifying, stoked by Chevron Corp. ’s decision to repurchase $75 billion of shares and boost dividend payouts instead of plowing...
Chevron CEO urges Biden to stop criticizing Big Oil, take new …
Jun 21, 2022 · HOUSTON/WASHINGTON (Reuters) -Chevron Chief Executive Michael Wirth on Tuesday rebutted White House officials' criticism of the oil industry over energy costs, saying reducing fuel prices...
Chevron CEO urges Biden to stop criticizing Big Oil, take new …
Jun 21, 2022 · Chevron Chief Executive Michael Wirth on Tuesday rebutted White House officials' criticism of the oil industry over energy costs, saying reducing fuel prices will require "a change in...
Chevron CEO hits Biden's natural gas policies, says fuel is crucial …
Sep 17, 2024 · HOUSTON (Reuters) -Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden's administration for what he described as "attacks on the natural gas” industry and emphasized the...
Chevron CEO responds to Biden's price-gouging accusations
Jul 14, 2022 · Chevron Chairman and CEO Mike Wirth continues to push back against President Biden's repeated attacks on U.S. energy producers. On Thursday the head of the second largest U.S. oil company...