Thread regarding ExxonMobil Corp. layoffs

Exxon to sell north Texas gas assets to BKV for $750 million

Exxon Mobil Corp (XOM.N) on Thursday said it signed a deal to sell North Texas natural gas properties to producer BKV Corp for $750 million, as part of a wider move to shed unwanted assets.

https://www.reuters.com/markets/deals/exxonmobil-sell-barnett-shale-assets-750-million-2022-05-19/

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Post ID: @OP+1gPZn3XI

3 replies (most recent on top)

Selling so much, what's going to be left?

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Post ID: @rnw+1gPZn3XI

Glad they cut their losses now. Could we finally be seeing smart management in this company?

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Post ID: @vyw+1gPZn3XI

Here we go! This is just the beginning guys!

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Post ID: @etx+1gPZn3XI

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