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Here's how much these oil companies are giving back to shareholders

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CNRL, Cenovus, Imperial and Tourmaline are among the top 25 oil companies reporting bumper profits, share buybacks and dividends. Read on.

Raised existing share repurchase authorization by US$50 billion11 per cent increase to quarterly ordinary dividendNet income in latest quarter:Increased total quarterly dividend to US$3.16 per share from Us$2.32 per shareBAKER HUGHES COThis advertisement has not loaded yet, but your article continues below.

Net loss of US$17 million on restructuring charges, compared to a profit of US$8 million a year earlierTo resume a share repurchase programIncreased dividend by 30 per cent to US75 cents per shareExpects to commence share repurchases in November using the remaining $5 billion authorizationThe top 25 oil companies by market capitalization posted record profits renewing calls for a windfall tax.

 

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Here's how much these oil companies are giving back to shareholdersCNRL, Cenovus, Imperial and Tourmaline are among the top 25 oil companies reporting bumper profits, share buybacks and dividends. Read on.
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