Discontinued — last reported Q3 '23
Business Segments · Impairment charge, before tax
Upstream — Impairment charge, before tax
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2021
Last reportedQ3 2023
Rolls up toImpairment Charges
How to read this metric
An increase indicates a negative revision in asset value or future profitability expectations for upstream operations, while a decrease suggests asset stability.
Detailed definition
This metric represents the non-cash charge recognized when the carrying amount of long-lived assets in the upstream expl...
Peer comparison
Commonly reported by integrated oil and gas companies as 'Asset Impairment' or 'Write-downs' within segment disclosures.
Metric ID:
imo_segment_upstream_impairment_charge_before_taxSimilar Metrics at Other Companies
Frequently Asked Questions
- What does upstream — impairment charge, before tax mean?
- A non-cash expense reflecting the reduction in value of oil and gas assets within the upstream segment.