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Chevron would rather pay dividends than invest in wind and solar -CEO

HOUSTON (Reuters) -Chevron Corp Chief Executive Mike Wirth said on Wednesday the company prefers to return money to its shareholders rather than use it to invest in solar and wind...
Chevron would rather pay dividends than invest in wind and solar -CEO © Reuters. FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, April 25, 2013. REUTERS/Mike Blake/File Photo

HOUSTON (Reuters) -Chevron Corp Chief Executive Mike Wirth said on Wednesday the company prefers to return money to its shareholders rather than use it to invest in solar and wind power projects.

The two renewable sources of energy generate low financial return for stockholders, Wirth said in an interview on CNBC. Investors could use dividend payments from Chevron (NYSE:CVX) instead to invest directly in renewable projects, he added.

"We rather dividend it back to shareholders and let them plant trees," Chevron's chief said.

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18-09-2021 03:06:19 (UTC+7)

EUR/USD

1.1729

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EUR/USD

1.1729

-0.0036 (-0.30%)

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GBP/USD

1.3736

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USD/JPY

109.96

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AUD/USD

0.7268

-0.0021 (-0.28%)

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USD/CAD

1.2753

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EUR/JPY

128.96

-0.09 (-0.07%)

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EUR/CHF

1.0936

+0.0025 (+0.23%)

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Gold Futures

1,752.00

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Silver Futures

22.385

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Copper Futures

4.2375

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Crude Oil WTI Futures

72.00

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Brent Oil Futures

75.37

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Natural Gas Futures

5.063

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US Coffee C Futures

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Euro Stoxx 50

4,130.84

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S&P 500

4,433.40

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DAX

15,490.17

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FTSE 100

6,963.64

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Hang Seng

24,920.76

+252.91 (+1.03%)

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Indicators:

Buy (5)

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US Small Cap 2000

2,234.35

-1.93 (-0.09%)

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↑ Buy

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Buy (8)

Sell (4)

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Buy (6)

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IBEX 35

8,760.90

+27.20 (+0.31%)

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Sell (10)

BASF SE NA O.N.

63.085

-2.125 (-3.26%)

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Bayer AG NA

45.07

-0.57 (-1.25%)

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Allianz SE VNA O.N.

190.23

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Adidas AG

281.60

-3.70 (-1.30%)

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Sell (12)

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Buy (0)

Sell (6)

Deutsche Lufthansa AG

8.210

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Neutral

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Siemens AG Class N

148.76

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Summary

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Deutsche Bank AG

11.080

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Sell (8)

 EUR/USD1.1729↑ Sell
 GBP/USD1.3736↑ Sell
 USD/JPY109.96↑ Buy
 AUD/USD0.7268↑ Sell
 USD/CAD1.2753↑ Buy
 EUR/JPY128.96Neutral
 EUR/CHF1.0936Buy
 Gold1,752.00Neutral
 Silver22.385↑ Sell
 Copper4.2375↑ Sell
 Crude Oil WTI72.00↑ Buy
 Brent Oil75.37↑ Buy
 Natural Gas5.063Buy
 US Coffee C186.75Buy
 Euro Stoxx 504,130.84↑ Buy
 S&P 5004,433.40Neutral
 DAX15,490.17↑ Buy
 FTSE 1006,963.64↑ Buy
 Hang Seng24,920.76↑ Buy
 Small Cap 20002,234.35↑ Buy
 IBEX 358,760.90↑ Sell
 BASF63.085↑ Sell
 Bayer45.07↑ Sell
 Allianz190.23↑ Sell
 Adidas281.60↑ Sell
 Lufthansa8.210Neutral
 Siemens AG148.76↑ Sell
 Deutsche Bank AG11.080↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,600/ 5,665
(0/ 0) # 809
SJC HCM5,600/ 5,665
(0/ 0) # 810
SJC Hanoi5,600/ 5,667
(0/ 0) # 812
SJC Danang5,600/ 5,667
(0/ 0) # 812
SJC Nhatrang5,600/ 5,667
(0/ 0) # 812
SJC Cantho5,600/ 5,667
(0/ 0) # 812
Cập nhật 18-09-2021 03:06:21
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$1,752.39-1.75-0.10%
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E5 RON 92-II2014020540
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
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EUR26.118,3927.477,69
GBP30.621,6331.901,01
JPY202,13213,83
KRW16,7120,34
Cập nhật lúc 18:53:14 17/09/2021
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