Discontinued — last reported Q3 '18
Business Segments · Asset Impairment Charges
United States Business — Asset Impairment Charges
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2014
Last reportedQ3 2018
How to read this metric
Higher charges indicate a deterioration in the economic value of the asset portfolio, often driven by lower commodity prices or operational underperformance.
Detailed definition
This metric quantifies the non-cash expense recognized when the carrying amount of long-lived assets, such as oil and ga...
Peer comparison
Commonly reported by all upstream oil and gas producers during periods of commodity price volatility, often referred to as ceiling test write-downs.
Metric ID:
dvn_segment_united_states_business_asset_impairment_chargesSimilar Metrics at Other Companies
Frequently Asked Questions
- What does united states business — asset impairment charges mean?
- The non-cash cost recorded when the book value of assets is reduced because they are worth less than previously estimated.