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$6.5 Billion in Energy Writedowns and We’re Just Getting Started

$6.5 Billion in Energy Writedowns and We’re Just Getting Started The oil and gas industry’s earnings season is barely underway, and already there’s been $6.5 billion in writedowns. On Thursday, Freeport-McMoRan Inc. reported a $3.7 billion charge for the third quarter, while Southwestern Energy Co. — which has a market value of $4.5 billion — booked […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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