April 26 (Reuters) - Oil giant Chevron Corp beat estimates for first-quarter profit on Friday as higher production volumes helped offset an impact from weak natural gas prices.

The company, which is in the process of acquiring Hess Corp in a $53 billion deal, reported adjusted earnings of $2.93 per share for the first quarter, beating analysts' estimates of $2.87. (Reporting by Mrinalika Roy in Bengaluru; Editing by Anil D'Silva)