Chevron Downstream — Properties, plant and equipment, at cost increased by 3.0% to $41.91B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $40.67B to $41.91B.
Increasing values reflect ongoing capital investment in infrastructure, while stagnant values may indicate aging assets.
The gross historical cost of all physical assets used in the downstream segment, including refineries, storage terminals...
Standard capital expenditure tracking metric across the energy sector.
cvx_segment_downstream_properties_plant_and_equipment_at_cost| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $35.02B | $38.08B | $39.59B | $40.67B | $41.91B |
| QoQ Change | — | +8.7% | +4.0% | +2.7% | +3.0% |
| YoY Change | — | +8.7% | +4.0% | +2.7% | +3.0% |
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