Chevron shares rise after beating forecasts for record output in the Permian Basin

Key things Chevron previously reported second-quarter earnings that beat analysts’ estimates. The company had record quarterly production in the Permian Basin. The board waived the retirement age requirement for CEO Michael Wirth. Chevron (CVX) shares rose on Monday after the company forecast second-quarter earnings that beat analysts’ estimates of record production in the Permian Basin. […]