Of all the oil majors, Royal Dutch Shell's (NYSE: RDS.A) (NYSE: RDS.B) response to the current oil and gas downturn has been the most severe.
2020 spending has been cut by at least 20%, the dividend has been slashed by 66% for the first time in 75 years, and share buybacks have been suspended. Are these decisions necessary measures that make Shell a more attractive investment, or are they too little too late?
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Source Fool.com