24 Mar Shale firms pump up dividends as industry focus on returns grows
HOUSTON, March 25 (Reuters) – Nearly a third of the 25 top
U.S. shale oil producers have paid or pledged to pay dividends
this year, according to Reuters review of financial filings, the
largest number since the shale boom took off a decade ago.
Oil prices have risen by over a third in the past
year, giving shale producers more revenue to respond to investor
calls for improved shareholder returns.
U.S. shale oil producers have paid or pledged to pay dividends
this year, according to Reuters review of financial filings, the
largest number since the shale boom took off a decade ago.
Oil prices have risen by over a third in the past
year, giving shale producers more revenue to respond to investor
calls for improved shareholder returns.
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