Discontinued — last reported Q4 '20
Business Segments · Gross Investment at Cost
Upstream — Gross Investment at Cost
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2020
Rolls up toProperty, plant and equipment at cost
How to read this metric
An increase indicates significant capital expansion or acquisition of new production assets, while a decrease may signal divestitures or asset retirement.
Detailed definition
Represents the total historical cost of all property, plant, and equipment assets currently held within the upstream exp...
Peer comparison
Commonly reported by integrated oil and gas majors as 'Gross PP&E' or 'Total Capital Employed' in segment disclosures.
Metric ID:
cvx_segment_upstream_gross_investment_at_costSimilar Metrics at Other Companies
Frequently Asked Questions
- What does upstream — gross investment at cost mean?
- The total historical cost of all physical assets used in oil and gas exploration and production.