What is Chevron's upstream — investments and advances?

Chevron (CVX) reported upstream — investments and advances of $28.57B in Q4 2021.

What does upstream — investments and advances mean?

The value of the company's ownership stakes in joint ventures and other upstream business partnerships.

Discontinued — last reported Q4 '21

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityModerate

First reportedQ4 2019

Last reportedQ4 2021

An increase suggests expansion into collaborative projects or joint ventures, while a decrease may indicate divestment or project completion.

Reflects the carrying value of equity-method investments and other financial advances made to joint ventures, partnershi...

Standard for integrated energy companies that utilize joint ventures to share exploration and development risks.

Metric ID: cvx_segment_upstream_investments_and_advances

1 periods

	Q4 '21
Value	$28.57B

What is Chevron's upstream — investments and advances?: Chevron (CVX) reported upstream — investments and advances of $28.57B in Q4 2021.
What does upstream — investments and advances mean?: The value of the company's ownership stakes in joint ventures and other upstream business partnerships.