Russia sanctions: impact on XOM

I sold all my XOM, and bought a little XLE instead*. Oil still has a way to go, but Exxon Mobil is going to have a big writeoff coming soon due to their Russia operations. My CVX is going gangbusters, but soon, probably very soon, it will be time to exit all the oils.

*I know the biggest component of XLE is XOM, but this is for diversification purposes.