Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

The recent fourth-quarter earnings reports from BP (BP ), Chevron (CVX ) and ExxonMobil (XOM ) show big oil’s determination to keep a stiff upper lip and forge ahead confidently, even as oil prices remain stubbornly low.

BP, which reported a $3.3 billion loss for the period, and ExxonMobil, which reported a 58% decline in its profits, both pledged to keep their commitment to their dividends, which now yield 7.41% and 3.75%, respectively. Chevron, which reported its results a week earlier than its two rivals, lost $588 million in the fourth quarter, compared with a profit of $3.5 billion in the year-earlier period. Its yield is now 4.95%.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Mature%20woman%20reading%20newspaper
News

Will the Boomers Boom the Stock Market?

It’s a scene right out of a Friday night thriller. Picture a zombie-like mass of people moving...

Premium Us%20supreme%20court
News

The Market Wrap for July 13: President Trump’s Supreme Court Nominee Is as Pro-Business as It Gets

It was a happening week with lots of good earnings reports, but the market turned bullish early...

Premium Stability%20blocks
News

Stable Value Funds Make a Comeback

In this environment, it might be good to have some stability in our portfolios. After all,...