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Put simply, American Convey' customers are more likely to carry on shelling out their charges. In idea, This could aid Amex far better navigate challenging financial climates.
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Significant oil businesses are known for their hefty cash return courses in addition. Before this yr, Chevron's board Alright'd an up to $75 billion share repurchase software, which came around the heels of the company's 36th consecutive once-a-year dividend maximize.
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In case the place price tag for crude rises, Occidental really should disproportionately gain. But the alternative is also accurate: A declining spot cost for crude oil will hurt Occidental's cash move more than most drillers.