ExxonMobil

Exxon probed over Permian Basin valuation: report
Business & Finance

Exxon probed over Permian Basin valuation: report

  • The Journal report, citing unnamed sources, said the Securities & Exchange Commission probe focused on unrealistic assumptions for highest-producing US oil field.
  • An unrealistic outlook could mislead investors and artificially boost a company's share price.
Published 15 Jan, 2021 09:24pm