Discontinued — last reported Q4 '16
Business Segments · Asset Retirement Obligation
Oil And Gas Operations — Asset Retirement Obligation
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2016
Rolls up toAsset retirement obligations
How to read this metric
An increase indicates higher future environmental or decommissioning liabilities, which may impact long-term cash flow projections and balance sheet leverage.
Detailed definition
This metric represents the estimated liability for the future costs associated with retiring, decommissioning, and resto...
Peer comparison
Standardized as 'Asset Retirement Obligation' (ARO) across the energy and extractive industries under accounting standards like ASC 410.
Metric ID:
fcx_segment_oil_and_gas_operations_asset_retirement_obligationSimilar Metrics at Other Companies
Frequently Asked Questions
- What does oil and gas operations — asset retirement obligation mean?
- The estimated future cost to clean up and decommission oil and gas sites once operations cease.