Exxon and Chevron Announce Record Shareholder Returns in Hottest Year on Record

oil companies ExxonMobil and Chevron announced their second-highest profits in a decade on Friday, with both companies paying out a record amount to shareholders in 2023, which was the hottest year on record due largely to the burning of fossil fuels. “In 2023, we returned more cash to shareholders and produced more oil and natural gas than any year in the company’s history...

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