Such was the case in the past week with ExxonMobil\u00a0XOM\u00a0+5.8%<\/span><\/strong>, which issued advice to shareholders Here is how\u00a0ExxonMobil<\/strong>\u00a0put it in its own disclosure: \u201cDepending on the outcome of the planning process, including in particular any significant future changes to the corporation\u2019s current development plans for its dry gas portfolio, long-lived assets with carrying values of approximately $25\u00a0billion<\/strong> to $30 billion<\/strong> 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.\u201d<\/p>\n![\"\"](\"https:\/\/www.enerjigazetesi.ist\/wp-content\/uploads\/2020\/11\/exxonmobil-in-30-milyar-dolarlik-deger-kaybi-uyarisi-ne-anlama-geliyor.jpg\")
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<\/strong> to $30<\/strong> 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.<\/p>\n