Chevron (CVX) Asset Writedowns and Impairment (2009 - 2019)

Chevron's (CVX) quarterly Asset Writedowns and Impairment came in at $14.0 million in Q3 2019, down 97.14% YoY from $490.0 million in Q3 2018, and down 62.16% on a QoQ basis from $37.0 million in Q2 2019.

Chevron (CVX) Asset Writedowns and Impairment (2009 - 2019) Analysis & Trends

Chevron (CVX) has 11 years of Asset Writedowns and Impairment data on file, last reported at $14.0 million in Q3 2019.

  • Quarterly Asset Writedowns and Impairment fell 97.14% year-over-year to $14.0 million in Q3 2019, while the trailing twelve-month figure through Sep 2019 was $228.0 million (down 65.14% YoY) and the FY2018 annual result came in at $687.0 million, up 246.97% from the prior year.
  • Asset Writedowns and Impairment retreated to $14.0 million in Q3 2019, from $37.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $1.0 billion in Q4 2015 to a low of $7.0 million in Q1 2017.
  • A 5-year average of $201.1 million and a median of $86.0 million in 2019 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2016 — Asset Writedowns and Impairment plunged 98.37% — and 2018, when it jumped 542.86%.
  • Tracing CVX's Asset Writedowns and Impairment over 5 years: stood at $1.0 billion in 2015, then sank by 98.37% to $17.0 million in 2016, then soared by 241.18% to $58.0 million in 2017, then soared by 56.9% to $91.0 million in 2018, then slumped by 84.62% to $14.0 million in 2019.
  • The last three Asset Writedowns and Impairment figures came in at $14.0 million (Q3 2019), $37.0 million (Q2 2019), and $86.0 million (Q1 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn
4 Eni Spa 205.81 Bn 195.97 Bn -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn

Historic Data

Download Data
DateValue
Sep 30, 2019 14.00 Mn
Sep 30, 2019 14.00 Mn
Jun 30, 2019 37.00 Mn
Jun 30, 2019 37.00 Mn
Mar 31, 2019 86.00 Mn
Mar 31, 2019 86.00 Mn
Dec 31, 2018 91.00 Mn
Dec 31, 2018 91.00 Mn
Sep 30, 2018 490.00 Mn
Sep 30, 2018 490.00 Mn
Jun 30, 2018 61.00 Mn
Jun 30, 2018 61.00 Mn
Mar 31, 2018 45.00 Mn
Mar 31, 2018 45.00 Mn
Dec 31, 2017 58.00 Mn
Dec 31, 2017 58.00 Mn
Sep 30, 2017 121.00 Mn
Sep 30, 2017 121.00 Mn
Jun 30, 2017 12.00 Mn
Jun 30, 2017 12.00 Mn