Discontinued — last reported Q4 '23
Other
Payments for Restructuring
ConocoPhillips Payments for Restructuring decreased by 81.0% to $11.00M in Q3 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2014
Last reportedQ4 2023
How to read this metric
High payments indicate active transformation efforts, which are expected to lead to future cost savings and improved margins.
Detailed definition
Cash expenditures associated with organizational restructuring, including severance, facility closures, and asset ration...
Peer comparison
Standard metric for companies undergoing significant operational or structural changes.
Metric ID:
is_cvx_payments_for_restructuringHistorical Data
2 periods
| Q2 '21 | Q3 '21 | |
|---|---|---|
| Value | $58.00M | $11.00M |
| QoQ Change | — | -81.0% |
Range$11.00M – $58.00M
Payments for Restructuring at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's payments for restructuring?
- ConocoPhillips (COP) reported payments for restructuring of $11.00M in Q3 2021.
- What does payments for restructuring mean?
- Cash spent to implement organizational restructuring plans.