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Oil giant Chevron Corp (NYSE:CVX) shares are rising after its reported mixed fourth-quarter FY23 results. Total revenues and other incomeof $47.18billion missed the consensus of $51.62 billion. Sales and other operating revenues fell to $48.93 billion from $54.52 billion a year ago. Worldwide net oil-equivalent production rose to 3,392 MBOED from 3,011 MBOED a year ago in the quarter and was up 4% in 2023, primarily led by the acquisition of PDC Energy, Inc. and growth in the Permian Basin (+10% Y/Y) in the year. Also Read: Chevron Likely To Report Lower Q4 Earnings; Here Are The Recent Foreca…

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