Discontinued — last reported Q4 '20
Business Segments · Property, Plant and Equipment, Net
Upstream — Property, Plant and Equipment, Net
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2020
Rolls up toPP&E (Net)
How to read this metric
A rising net value suggests ongoing investment exceeding depreciation, while a declining value may indicate aging assets or aggressive write-downs.
Detailed definition
The book value of upstream exploration and production assets after subtracting accumulated depreciation, depletion, and...
Peer comparison
Standard metric across the energy sector, often compared against production volumes to assess asset efficiency.
Metric ID:
cvx_segment_upstream_property_plant_and_equipment_netSimilar Metrics at Other Companies
Frequently Asked Questions
- What does upstream — property, plant and equipment, net mean?
- The current accounting value of upstream assets after accounting for wear and tear and resource depletion.