-0.56% Chief Executive Officer Michael Wirth told analysts in a presentation on Tuesday that Chevron can achieve its output and carbon goals regardless of oil price fluctuations. "We're not betting on higher prices to bail us out," he said in an apparent dig at Exxon and others counting on oil's rebound to cover dividends and debt repayments. By 2025, Chevron can more than double its return on capital employed, a measure of how efficiently a company invests, to more than 10%. Still, some analysts were unimpressed with the climate and emissions goals, viewing them as too modest. Shares dipped a fraction from a one-year high to $109.50.