Chevron: Returning More Cash To Shareholders As Dividends Rather Than Buybacks

Seeking Alpha | Sep 13, 2019 at 12:21 PM
  • Q2 EPS report was more of what investors have come to expect from what arguably is the best integrated oil major.
  • In Q2, CVX paid $2.3 billion in dividends and spent $1 billion on share buybacks.
  • After all, if oil and gas prices were significantly higher, investors would return to the sector in droves.