Discontinued — last reported Q4 '21
Business Segments · Depreciation Expense
Downstream — Depreciation Expense
Chevron Downstream — Depreciation Expense remained flat by 0.0% to $282.25M in Q4 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2021
Rolls up toD&A
How to read this metric
Rising depreciation relative to assets may indicate a shorter useful life or accelerated wear on equipment.
Detailed definition
The systematic allocation of the cost of tangible assets over their useful lives within the downstream segment. This non...
Peer comparison
Standard operating expense metric for all capital-intensive energy companies.
Metric ID:
cvx_segment_downstream_depreciation_expenseHistorical Data
1 years
| FY'21 | |
|---|---|
| Value | $1.13B |
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Frequently Asked Questions
- What is Chevron's downstream — depreciation expense?
- Chevron (CVX) reported downstream — depreciation expense of $282.25M in Q4 2021.
- What does downstream — depreciation expense mean?
- The annual non-cash expense representing the aging of the downstream segment's physical assets.