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Gold/Mining/Energy : Exxon Mobil (XOM)

XOM 116.53

+1.3%

3:59 PM EDT

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From: Sr K	1/4/2024 9:29:49 PM
	of 585

Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments Exxon says the impairments primarily reflect the idling of its Upstream Santa Ynez Unit assets and related facilities By Ben Glickman Jan. 4, 2024 5:29 pm ET Share Resize Listen (1 min) 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. Exc.

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