К основному контенту

Exxon to write off up to $ 20 billion, to reduce capex in 2021

Exxon to write off up to $ 20 billion, to reduce capex in 2021

HOUSTON (Reuters) - US energy company Exxon Mobil Corp (NYSE: XOM) announced on Monday that it intends to include a $ 17 billion to $ 20 billion write-off on gas assets in its quarterly financials and plans to cut costs next year to 15-year lows..

Last month, the company predicted that write-offs could reach $ 30 billion.

CAPEX next year will fall to $ 16-19 billion, the company expects. However, by 2025 the volume of expenditures may exceed the level of the current year, that is, about $ 23 billion, said the head of Exxon Darren Woods..

Exxon shares fell 5% after the close of the main session. Over the past five years, the company's capitalization has halved.

(Jennifer Hillier in Houston and Arathi S Nair in Bangalore. Translated by Vladimir Sadykov. Editor Anna Kozlova)

Комментарии

Отправить комментарий

Популярные сообщения из этого блога

US stocks decline, but Dow Jones may see maximum monthly gain in 33 years

US stocks decline , but Dow Jones may see maximum monthly gain in 33 years American stock indices are showing a downward trend. Meanwhile, the Dow for November may show the best monthly result in 1987 amid optimism over news about COVID-19 vaccines and the prospect of new stimulus measures. The indicator is up almost 12.9% since the beginning of the month as of the close of the trading session on Friday.
1 комментарий
Далее...

Wall Street is down, vaccine in focus

Wall Street is down, vaccine in focus Investing.com - US equities open broadly lower on Monday, trailing after sharp gains in November. By 09:35 am ET (2:35 pm GMT), the Dow Jones Industrial Average fell 181 points, or 0.6%, to 29,730. S&The P 500 also fell 0.2% while the NASDAQ Composite rose 0.2%.. Slack (NYSE: WORK) shares hit another all-time high amid news last week of a possible merger with Salesforce (NYSE: CRM).
1 комментарий
Далее...

Gazprom discusses the sale of part of Gazprom Neft shares to the market

"Gazprom" discusses the sale of part of the shares "Gazprom Neft" to the market "Gazprom (MCX: GAZP)" discusses the possibility of selling shares "Gazprom Neft" on the market, CFO said "Gazprom Neft" Alexey Yankevich during the dialogue with investors organized by "VTB (MCX: VTBR) My investments". "I would like to "Gazprom Neft (MCX: SIBN)" entered the indices, but this requires 10% free float, now it has "Gazprom Neft" more than 5%.
Отправить комментарий
Далее...