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BHP's undersized shale impairments: analysts

BHP Billiton's recent $US2.8 billion ($A3.8 billion) US shale asset writedown was not big enough ...

Blair Price

The write-offs made BHP value its US onshore oil portfolio at about $24 billion (excluding a $US4 billion deferred tax liability), which was more than 40% higher than JP Morgan's estimate and more than...

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