Business Segments · Total Assets

Upstream — Total Assets

Chevron Upstream — Total Assets increased by 0.0% to $257.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.4%, from $187.01B to $257.00B. Over 4 years (FY 2021 to FY 2025), Upstream — Total Assets shows an upward trend with a 4.4% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026May 7, 2026
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

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
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$257.00B
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%+0.0%
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%+37.4%
Range$181.88B$261.04B
CAGR+6.8%
Avg YoY Growth+7.2%
Median YoY Growth-0.6%

Frequently Asked Questions

What is Chevron's upstream — total assets?
Chevron (CVX) reported upstream — total assets of $257.00B in Q1 2026.
How has Chevron's upstream — total assets changed year-over-year?
Chevron's upstream — total assets increased by 37.4% year-over-year, from $187.01B to $257.00B.
What is the long-term trend for Chevron's upstream — total assets?
Over 4 years (2021 to 2025), Chevron's upstream — total assets has grown at a 4.4% compound annual growth rate (CAGR), from $749.03B to $888.20B.
What does upstream — total assets mean?
The total value of resources and infrastructure owned by the upstream segment.