Exxon Mobil put an exclamation point on what ails big oil on Friday. Never mind the immediate reaction to its slightly tepid first-quarter results. Despite just announcing its 36th annual dividend increase in a row, the total shareholder return of the world’s largest publicly held oil company is flat over the past year even as crude prices have rallied by over 50%.

Source: Wall Street Journal April 27, 2018 16:30 UTC