Big Oil’s Dividend Crisis: Why Low Oil Prices Are Hurting Shareholders

Oil giants like Exxon and Chevron are struggling to maintain their dividends as oil prices fall to around $70 a barrel. This profit squeeze has forced them to borrow money to keep shareholders satisfied. As U.S. oil production increases, traditional energy companies face tough financial choices, leading some to cut back on green energy projects. Shareholders may need to reconsider investing in big oil as its ability to sustain high dividends weakens.