ExxonMobil takes $19Bln non-cash charge on American natural gas but is boosted by Permian Basin

Wednesday, 03 February 2021

ExxonMobil Corp. posted a fourth-quarter loss of $20.1 billion because of write-offs for American gas assets compared with a $5.7Bln profit in the same three months of 2019 as the CEO said that income was boosted by LNG and liquids as well as Permian Basin shale activities.


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Last modified on Wednesday, 03 February 2021 05:50
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