What does oil and gas division — goodwill impairment mean?

A non-cash accounting charge indicating that the value of assets acquired in the oil and gas segment has decreased below their recorded book value.

Discontinued — last reported Q4 '17

Business Segments · Goodwill Impairment

Oil And Gas Division — Goodwill Impairment

Analysis

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2017

Last reportedQ4 2017

Rolls up toGoodwill impairment

How to read this metric

An increase in impairment loss signals a deterioration in the segment's long-term growth prospects or profitability, often due to market headwinds or asset underperformance. A decrease or absence of impairment suggests that the segment's carrying value remains supported by its projected cash flows.

Detailed definition

This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the oil and ga...

Peer comparison

Peers in the energy infrastructure and pipeline services sector frequently report similar charges during periods of energy transition or commodity price volatility, making it a standard indicator of asset valuation risk.

Metric ID: pwr_segment_oil_and_gas_division_goodwill_impairment_loss

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Frequently Asked Questions

What does oil and gas division — goodwill impairment mean?: A non-cash accounting charge indicating that the value of assets acquired in the oil and gas segment has decreased below their recorded book value.