Chevron’s Buyback Strategy at Center Stage as It Prepares to Report Earnings
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Chevron can weather the storm, assuming prices don’t fall much lower, but it may have to cut its share-repurchase plan. Buybacks will likely be the biggest question on the oil company’s first-quarter earnings call. Analysts expect Chevron to report $2.16 of earnings per share, down from $2.93 a year ago.
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