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Re: DewDiligence post# 28851

Monday, 01/29/2024 2:17:31 PM

Monday, January 29, 2024 2:17:31 PM

Post# of 29588
XOM, CVX writing off $5B of California assets due to political climate:

https://finance.yahoo.com/news/analysis-california-big-oil-splitting-184130187.html

Each company is expected to take a non-cash charge of approximately $2.5B when reporting 4Q23 results this week.

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