Discontinued — last reported Q4 '19

Business Segments · D&A

Upstream Equipment — D&A

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2019
Rolls up toD&A

How to read this metric

Rising DD&A relative to production may indicate higher extraction costs or a shift toward more capital-intensive, shorter-life assets.

Detailed definition

Reflects the systematic allocation of the cost of upstream assets over their useful lives or the exhaustion of natural r...

Peer comparison

Standard metric for all extractive industries to account for asset consumption.

Metric ID: cvx_segment_upstream_equipment_depreciation_depletion_and_amortization

Frequently Asked Questions

What does upstream equipment — d&a mean?
The non-cash expense representing the usage of physical assets and the depletion of oil and gas reserves.