Chevron Says Looking To Resume Share Buybacks | Gulf Coast Oil Rig Equipment & Repair
March 6 (Reuters) - U.S. oil and natural gas producer Chevron Corp said it expects to increase its free cash flow this year onwards, putting it in a position to resume its share buyback program.
Chevron had halted its share repurchase plans in 2015 to conserve cash amid a slump in oil prices. (http://reut.rs/2H9aY02)
The BOP Blow Out Preventer repair company gulf coast did not specify when it plans to restart the program.
(Reporting by Ernest Scheyder in Houston and Yashaswini Swamynathan in Bengaluru Editing by Saumyadeb Chakrabarty)