Home Business BMO says buy Chevron as oil giant will hike dividend and resume buybacks

BMO says buy Chevron as oil giant will hike dividend and resume buybacks

39 second read
0
0
47

Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off the coast of Louisiana, U.S., on Friday, May 18, 2018.

Luke Sharrett | Bloomberg | Getty Images

Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.


Source link

Load More Related Articles
Load More By The Texas Chronicle
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Turkey to banish 10 Western ambassadors, Erdogan says

Turkey’s President Tayyip Erdogan holds a news conference during the NATO summit at …