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Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments - The Wall Street Journal

Exxon Mobil said in a regulatory filing Thursday that it was expecting impairments of $2.4 billion to $2.6 billion in its upstream business. Photo: Michael Nagle/Bloomberg News

Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related to idled assets in California.

The oil and gas giant said in a regulatory filing Thursday that it was expecting impairments of $2.4 billion to $2.6 billion in its upstream business.

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2024-01-04 22:29:00Z
CBMibmh0dHBzOi8vd3d3Lndzai5jb20vYnVzaW5lc3MvZW5lcmd5LW9pbC9leHhvbi1tb2JpbC1leHBlY3RzLXVwLXRvLTItNi1iaWxsaW9uLWluLXVwc3RyZWFtLWltcGFpcm1lbnRzLTFlNDdkMjY00gEA

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