Upstream — Properties, plant and equipment, at cost
Business Segments · Properties, plant and equipment, at costChevron Upstream — Properties, plant and equipment, at cost increased by 29.1% to $388.49B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 29.1%, from $300.84B to $388.49B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ4 2025
Rolls up toPP&E (Net)
How to read this metric
An upward trend indicates ongoing capital investment and expansion of production capacity.
Detailed definition
The gross historical cost of all physical assets used in the upstream segment, including drilling rigs, production platf...
Peer comparison
Standard accounting metric for capital-intensive industries like oil and gas.
Metric ID:
cvx_segment_upstream_properties_plant_and_equipment_at_costHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $296.15B | $285.15B | $301.95B | $300.84B | $388.49B |
| QoQ Change | — | -3.7% | +5.9% | -0.4% | +29.1% |
| YoY Change | — | -3.7% | +5.9% | -0.4% | +29.1% |
Range$285.15B – $388.49B
CAGR+31.2%
Avg YoY Growth+7.7%
Median YoY Growth+2.8%
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Frequently Asked Questions
- What is Chevron's upstream — properties, plant and equipment, at cost?
- Chevron (CVX) reported upstream — properties, plant and equipment, at cost of $388.49B in Q4 2025.
- How has Chevron's upstream — properties, plant and equipment, at cost changed year-over-year?
- Chevron's upstream — properties, plant and equipment, at cost increased by 29.1% year-over-year, from $300.84B to $388.49B.
- What does upstream — properties, plant and equipment, at cost mean?
- The total original cost of all physical infrastructure used in upstream operations.