From Yahoo Finance: 2025-05-02 17:27:00

Big Oil’s first-quarter earnings show Exxon and Shell keeping up share buybacks, while Chevron and BP plan reductions due to lower crude prices. Exxon’s strong production in Guyana and Permian Basin helped it maintain shareholder confidence, while BP’s disappointing results lead to a cut in buyback programs and potential asset sales.

Read more: Big Oil earnings show split in production strategy, shareholder returns