Oil Major Chevron's Mixed Q4 Results: US Upstream Loss, Dividend Boost & More Why Oil Major Chevron (CVX) Shares Are Rising Today - Chevron (NYSE:CVX)

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Oil Major Chevron's Mixed Q4 Results: US Upstream Loss, Dividend Boost & More Why Oil Major Chevron (CVX) Shares Are Rising Today - Chevron (NYSE:CVX)

Oil giant Chevron Corp (NYSE:CVX) shares are rising after its reported mixed fourth-quarter FY23 results. Total revenues and other income of $47.18 billion 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 P…