Upstream — Property, Plant and Equipment, Additions

Business Segments · Property, Plant and Equipment, Additions

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.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2018
Last reportedQ4 2025

How to read this metric

Higher spending indicates aggressive growth or maintenance, while lower spending may signal capital discipline or a shift in strategy.

Detailed definition

The total capital expenditure invested in new upstream infrastructure, exploration projects, and production assets durin...

Peer comparison

Key metric for comparing capital discipline across the energy sector.

Metric ID: cvx_segment_upstream_property_plant_and_equipment_additions

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$6.87B$9.06B$24.54B$14.02B$90.19B
YoY Change+31.9%+170.8%-42.9%+543.4%
Range$6.87B$90.19B
CAGR+90.4%
Avg YoY Growth+175.8%
Median YoY Growth+101.4%

Frequently Asked Questions

What is Chevron's upstream — property, plant and equipment, additions?
Chevron (CVX) reported upstream — property, plant and equipment, additions of $22.55B in Q4 2025.
How has Chevron's upstream — property, plant and equipment, additions changed year-over-year?
Chevron's upstream — property, plant and equipment, additions increased by 543.4% year-over-year, from $3.50B to $22.55B.
What is the long-term trend for Chevron's upstream — property, plant and equipment, additions?
Over 4 years (2021 to 2025), Chevron's upstream — property, plant and equipment, additions has grown at a 90.4% compound annual growth rate (CAGR), from $6.87B to $90.19B.
What does upstream — property, plant and equipment, additions mean?
The amount of money spent on new upstream infrastructure and exploration projects.

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