Exxon could cut dividend in 2021 if oil market recovery continues, analysts say – S&P Global

Exxon could cut dividend in 2021 if oil market recovery continues, analysts say – S&P Global

Looking for ways to strengthen its bottom line in the wake of the pandemic-fueled drop in oil prices, Exxon Mobil Corp. needs to do more to curb its massive spending program, which could include cutting the dividend in 2021 if oil demand continues to wallow and oil prices are near $ 40 a barrel, analysts […]

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