Discontinued — last reported Q4 '15
Business Segments · Asset Retirement Obligation
Retail Marketing — Asset Retirement Obligation
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2015
Rolls up toAsset retirement obligations
How to read this metric
An increase suggests higher future environmental remediation costs or the acquisition of new sites requiring future cleanup, while a decrease may indicate successful remediation efforts or changes in regulatory cost estimates.
Detailed definition
This metric represents the estimated legal obligation associated with the future retirement of long-lived assets within...
Peer comparison
Peers in the retail fuel and midstream energy sectors report similar environmental liability provisions, though values vary significantly based on the number of owned versus leased sites and regional environmental regulations.
Metric ID:
et_segment_retail_marketing_asset_retirement_obligationSimilar Metrics at Other Companies
Frequently Asked Questions
- What does retail marketing — asset retirement obligation mean?
- The estimated future cost to decommission and clean up retail fuel sites once they are no longer in use.