Business Segments · PP&E (Net)
Upstream — PP&E (Net)
Exxon Mobil Upstream — PP&E (Net) decreased by 0.2% to $298.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $292.65B to $298.78B. Over 5 years (FY 2020 to FY 2025), Upstream — PP&E (Net) shows an upward trend with a 5.6% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026
Rolls up toPP&E (Net)
How to read this metric
A steady or increasing value suggests ongoing investment in infrastructure, while a sharp decline may indicate high depreciation rates or asset impairments.
Detailed definition
The book value of the upstream segment's physical assets, such as drilling rigs, pipelines, and production platforms, af...
Peer comparison
Standard 'Net PP&E' metric reported by segment for capital-intensive industrial and energy companies.
Metric ID:
xom_segment_upstream_property_plant_and_equipment_netHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $223.01B | $218.80B | $216.55B | $212.77B | $209.16B | $203.10B | $204.69B | $206.02B | $206.74B | $205.86B | $214.94B | $213.72B | $298.28B | $299.54B | $294.32B | $292.65B | $295.36B | $298.39B | $299.37B | $298.78B |
| QoQ Change | — | -1.9% | -1.0% | -1.7% | -1.7% | -2.9% | +0.8% | +0.7% | +0.3% | -0.4% | +4.4% | -0.6% | +39.6% | +0.4% | -1.7% | -0.6% | +0.9% | +1.0% | +0.3% | -0.2% |
| YoY Change | — | — | — | — | -6.2% | -7.2% | -5.5% | -3.2% | -1.2% | +1.4% | +5.0% | +3.7% | +44.3% | +45.5% | +36.9% | +36.9% | -1.0% | -0.4% | +1.7% | +2.1% |
Range$203.10B – $299.54B
CAGR+6.4%
Avg YoY Growth+9.6%
Median YoY Growth+1.5%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Exxon Mobil's upstream — pp&e (net)?
- Exxon Mobil (XOM) reported upstream — pp&e (net) of $298.78B in Q1 2026.
- How has Exxon Mobil's upstream — pp&e (net) changed year-over-year?
- Exxon Mobil's upstream — pp&e (net) increased by 2.1% year-over-year, from $292.65B to $298.78B.
- What is the long-term trend for Exxon Mobil's upstream — pp&e (net)?
- Over 5 years (2020 to 2025), Exxon Mobil's upstream — pp&e (net) has grown at a 5.6% compound annual growth rate (CAGR), from $227.55B to $299.37B.
- What does upstream — pp&e (net) mean?
- The current book value of the upstream segment's physical assets after accounting for wear and tear.