ConocoPhillips expects to record after-tax impairment of approx. $400M in Q4

theflyonthewall.com

At Sept. 30, the carrying value of the net assets related to ConocoPhillips’ interest in Kashagan was approximately $5.5B. ConocoPhillips expects to record an after-tax impairment of approximately $400M in Q4 to reduce the carrying value to fair value.

View Comments (0)