Chevron Upstream — Property, Plant and Equipment, Additions remained flat by 0.0% to $22.55B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 543.4%, from $3.50B to $22.55B. Over 4 years (FY 2021 to FY 2025), Upstream — Property, Plant and Equipment, Additions shows an upward trend with a 90.4% CAGR.
Higher spending indicates aggressive growth or maintenance, while lower spending may signal capital discipline or a shift in strategy.
The total capital expenditure invested in new upstream infrastructure, exploration projects, and production assets durin...
Key metric for comparing capital discipline across the energy sector.
cvx_segment_upstream_property_plant_and_equipment_additions| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $6.87B | $9.06B | $24.54B | $14.02B | $90.19B |
| YoY Change | — | +31.9% | +170.8% | -42.9% | +543.4% |
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