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Wednesday, December 16, 2015 1:30:53 PM
Exxon/BP/Shell/Chevron dividend and share buybacks exceed free cash flow by 20 BILLION in the first half of 2015 when oil was actually higher than now!
They had to borrow to pay that dividend, now interest rates about to turn up, and oil is lower, how the hell do they pay both the interest and the dividend?
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