Discontinued — last reported Q4 '19
Business Segments · Equity Method Investments
Upstream Equipment — Equity Method Investments
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ4 2019
Rolls up toEquity method investments (Note 11)
How to read this metric
Growth in this balance indicates increased participation in collaborative energy projects, which can diversify risk but may limit direct control.
Detailed definition
This represents the carrying value of investments in joint ventures or partnerships within the upstream segment where th...
Peer comparison
Commonly reported as 'Equity method investments' or 'Investments in affiliates' by integrated oil companies.
Metric ID:
cvx_segment_upstream_equipment_equity_method_investmentsSimilar Metrics at Other Companies
Frequently Asked Questions
- What does upstream equipment — equity method investments mean?
- The value of the company's stake in upstream joint ventures and partnerships.