Baker Hughes Announces Increased Quarterly Dividend and Upsized Share Repurchase Authorization

• Sunday, 30th October 2022
• by Israa Ibrahim

Baker Hughes declared that the Baker Hughes Board of Directors declared an increased quarterly cash dividend of $0.19 per share of Class A common stock payable on November 18, 2022, to holders of record on Novembe ...

Shell Makes $9.5B in Profits, Plans to Increase Dividend

• Thursday, 27th October 2022
• by Israa Ibrahim

Shell reported third-quarter profits of up to $9.45 billion, easing from the previous quarter's record high due to lower refining and gas trading, as it declared plans to dramatically increase its dividend by year ...

Eni Plans $14b in Cost Cuts, Asset Sales

• Sunday, 20th March 2016
• by Egypt Oil & Gas

Eni plans to cut investments and sell down stakes to help it prop up dividends. Company's CEO said the disposals will be mainly through the dilution of stakes in recent discoveries, picking out gas fields in Mozambiq ...

South African Sasol Records 24% Profit Decline

• Monday, 7th March 2016
• by Egypt Oil & Gas

South African petrochemicals company Sasol said its earnings in the first-half of the current fiscal year dropped by 24% amid low oil prices and the company will cut its interim dividend by almost 19% in line with it ...

Spain’s Repsol Cuts Dividend to Keep Investment Grade

• Tuesday, 1st March 2016
• by Egypt Oil & Gas

Spain’s largest oil company, Repsol, lowered its dividend after revealing a $2.2b quarterly loss. The group reported a $1.4b net loss for 2015 and it is the third time in less than six months that Repsol has taken st ...