Discontinued — last reported Q4 '21
Business Segments · Depreciation Expense
Upstream — Depreciation Expense
Chevron Upstream — Depreciation Expense remained flat by 0.0% to $4.12B in Q4 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2021
Rolls up toD&A
How to read this metric
Higher expense relative to production may indicate higher asset intensity or faster depletion rates of reserves.
Detailed definition
The periodic allocation of the cost of tangible assets and the depletion of natural resource reserves over their estimat...
Peer comparison
Universal metric for capital-intensive industries; essential for calculating cash flow from operations.
Metric ID:
cvx_segment_upstream_depreciation_expenseHistorical Data
1 years
| FY'21 | |
|---|---|
| Value | $16.50B |
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Frequently Asked Questions
- What is Chevron's upstream — depreciation expense?
- Chevron (CVX) reported upstream — depreciation expense of $4.12B in Q4 2021.
- What does upstream — depreciation expense mean?
- The annual non-cash cost representing the wear and tear of equipment and the depletion of oil and gas reserves.