Discontinued — last reported Q4 '21

Business Segments · Remediation expense

Upstream — Remediation expense

Chevron Upstream — Remediation expense remained flat by 0.0% to $30.00M in Q4 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2021

How to read this metric

An increase may signal higher environmental liability or increased regulatory pressure on extraction sites.

Detailed definition

Costs incurred to address environmental liabilities, such as site cleanup, land restoration, or pollution mitigation rel...

Peer comparison

Commonly reported by energy companies as part of their environmental, social, and governance (ESG) obligations.

Metric ID: cvx_segment_upstream_remediation_expense

Historical Data

1 years
 FY'21
Value$120.00M

Frequently Asked Questions

What is Chevron's upstream — remediation expense?
Chevron (CVX) reported upstream — remediation expense of $30.00M in Q4 2021.
What does upstream — remediation expense mean?
Expenses for cleaning up and restoring sites affected by upstream operations.