Big Oil Tries To Buy Back Investors

Major oil companies have recently raised their guidance for dividend payouts, promising shareholders handsome returns at a time when a growing number of investors are questioning the future of oil and snub energy stocks. Big Oil and the largest and yet-to-be-listed oil company in the world—Saudi Aramco—have updated their dividend plans in recent months in a sign that they believe they can raise returns to shareholders even if no one is really certain where oil prices will be a month, a quarter, or a year from now.    The biggest…