Clean energy has outperformed the broader market since the downturn, despite the fact that renewable energy has been hit hard. Investors increasingly eye oil and gas firms with skepticism, and the 2020 collapse brought fears of peak demand into sharp relief. – “There are ludicrous extremes such as Tesla Inc., but more down-to-earth stocks such as Danish wind pioneers Ørsted A/S and Vestas Wind Systems A/S or Florida’s NextEra Energy Partners LP also command multiples oil majors should envy,” Liam Denning at Bloomberg Opinion wrote. – Ørsted A/S (CPH: ORSTED) and Vestas Wind Systems A/S (CPH: VWS) trade at 18.4 times Ebitda and 9.9 times, respectively. – A new study from London’s Imperial College Business School found that renewable energy firms generated higher and less volatile returns to shareholders over 5 and 10-year timeframes. 2. Occidental cuts dividend […]