Chevron Q2 Earnings Beat Estimates as Production Hits Record

Chevron Corporation CVX reported adjusted second-quarter earnings per share of $1.77, beating the Zacks Consensus Estimate of $1.70. The outperformance stemmed from higher-than-expected production in the company’s key upstream segment. The company’s output of 3,396 thousand oil-equivalent barrels per day (MBOE/d) - a record - came in above the consensus...