March 6, 2018 / 12:51 PM / 3 months ago

Chevron says looking to resume share buybacks

March 6 (Reuters) - U.S. oil and natural gas producer Chevron Corp said it expects to increase its free cash flow this year onwards, putting it in a position to resume its share buyback program.

Chevron had halted its share repurchase plans in 2015 to conserve cash amid a slump in oil prices. (reut.rs/2H9aY02)

The company did not specify when it plans to restart the program. (Reporting by Ernest Scheyder in Houston and Yashaswini Swamynathan in Bengaluru Editing by Saumyadeb Chakrabarty)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below