Help us end the fiscal year strong. Donate by June 30. Give Now

Oil companies are expected to report a good quarter. So what'll they do with the profits?

Jul 30, 2021
Usually they'd plow them back into drilling new wells. But right now, that's not what investors want.
A general view of an Exxon Mobil refinery in Rotterdam, Netherlands in April 2020. Exxon-Mobil and Chevron report their earnings on Friday to optimistic investors.
Dean Mouhtaropoulos via Getty Images