Teksan Jeneratör | Enerji Gazetesi Haberleri Tanıtımı

ExxonMobil Warns Of Possible $30 Billion Asset Impairment

Kategori : NATURAL GAS ENERGY NEWS, ENERGY AGENDA NEWS, OIL & FUEL SECTOR NEWS - Tarih : 17 November 2020


The taking of impairments to oil and gas assets can become a point of controversy in the oil and gas business, often because they are the result of a complex decisions and judgments made by each individual company about current and future market conditions.

As a result of that complexity and the fact that the process is little understood outside of the industry and federal regulators that govern it, media reporting about it can often become sensationalistic and misleading.

Such was the case in the past week with ExxonMobil XOM +5.8%, which issued advice to shareholders and investors that, as a part of an overall reassessment of its entire portfolio, a set of natural gas assets currently carrying an assessed value of $25 to $30 billion dollar could see that value written down to some extent. Or not, depending on the outcome of that global portfolio reassessment, whether the company decides to keep those assets in its long-term development plan, and how the company would manage their development into the future.

Here is how ExxonMobil put it in its own disclosure: “Depending on the outcome of the planning process, including in particular any significant future changes to the corporation’s current development plans for its dry gas portfolio, long-lived assets with carrying values of approximately $25 billion to $30 billion could be at risk for significant impairment. If these assets remain in our long-term development plan, similar to previous years, it is unlikely the assets would be subject to material impairment. The company expects to complete this assessment in the fourth quarter.”

Sources: Forbes


Yorum Yaz
Ad Soyad :
E-mail :
Yorum :


IRENEC 2021 | 10'uncu Uluslararası %100 Yenilenebilir Enerji Konferansı

Winergy Tech | Enerji Analizi ile Sorunları Tespit et


   GÜNCEL ENERJİ KÖŞE YAZILARI

   TÜM ENERJİ KÖŞE YAZARLARI VE YAZILARI>>

(Turkish) ENERJİ HABERLERİ DİL SEÇİMİ:

  • Turkish
  • English

HABER KATEGORİLERİ

ARAMA

Enerji Sektörü İş İlanları & Kariyer

Enerji Kütüphanesi

ENERJİ HABERLERİ ABONELİĞİ İÇİN LÜTFEN
E-POSTA ADRESİNİZİ GİRİNİZ



" Kayıt Ol, Güncel Enerji Haberleri E-Posta Adresine Gelsin... "




WhatsApp chat