Upstream Equipment — Total Assets

Business Segments · Total Assets

Chevron Upstream Equipment — Total Assets decreased by 1.6% to $256.98B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 36.3%, from $188.48B to $256.98B. Over 4 years (FY 2021 to FY 2025), Upstream Equipment — Total Assets shows an upward trend with a 4.4% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2025
Rolls up toTotal Assets

How to read this metric

Higher values indicate a larger operational footprint and potential for future production, while lower values may signal divestment or asset depletion.

Detailed definition

The total economic resources controlled by the upstream segment, including exploration rights, production facilities, an...

Peer comparison

Commonly reported by all integrated energy companies to show segment-level capital intensity.

Metric ID: cvx_segment_upstream_assets

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$188.32B$186.39B$184.41B$184.68B$184.87B$185.45B$183.11B$181.88B$183.47B$197.58B$194.81B$194.14B$193.67B$192.32B$188.48B$187.01B$183.19B$261.04B$256.98B
QoQ Change-1.0%-1.1%+0.1%+0.1%+0.3%-1.3%-0.7%+0.9%+7.7%-1.4%-0.3%-0.2%-0.7%-2.0%-0.8%-2.0%+42.5%-1.6%
YoY Change-1.8%-0.5%-0.7%-1.5%-0.8%+6.5%+6.4%+6.7%+5.6%-2.7%-3.2%-3.7%-5.4%+35.7%+36.3%
Range$181.88B$261.04B
CAGR+7.2%
Avg YoY Growth+5.1%
Median YoY Growth-0.7%

Frequently Asked Questions

What is Chevron's upstream equipment — total assets?
Chevron (CVX) reported upstream equipment — total assets of $256.98B in Q4 2025.
How has Chevron's upstream equipment — total assets changed year-over-year?
Chevron's upstream equipment — total assets increased by 36.3% year-over-year, from $188.48B to $256.98B.
What is the long-term trend for Chevron's upstream equipment — total assets?
Over 4 years (2021 to 2025), Chevron's upstream equipment — total assets has grown at a 4.4% compound annual growth rate (CAGR), from $749.03B to $888.20B.
What does upstream equipment — total assets mean?
The total value of resources and infrastructure owned by the upstream segment.

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Chevron (CVX) Upstream Equipment — Total Assets — Quarterly & Annual | OpenCapital