Discontinued — last reported Q4 '18
Business Segments · PP&E (Net)
Upstream Equipment — PP&E (Net)
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2018
Rolls up toPP&E (Net)
How to read this metric
An increase suggests capital expansion or acquisition, while a decrease may indicate asset aging, divestment, or significant depletion.
Detailed definition
Represents the net book value of tangible assets used in the exploration and production of oil and gas after accounting...
Peer comparison
Standard across integrated oil and gas majors as Net PP&E for the Upstream segment.
Metric ID:
cvx_segment_upstream_equipment_property_plant_and_equipment_netSimilar Metrics at Other Companies
Frequently Asked Questions
- What does upstream equipment — pp&e (net) mean?
- The current accounting value of all physical assets used in oil and gas extraction after depreciation.