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A year after Schlumberger rebranded to SLB and dropped the family name of the founding brothers, ... SLB predicts that new energy should be a $10 billion-a-year business by 2040, ...
September 10, 2024 at 3:12 PM. By Ernest Scheyder. HOUSTON (Reuters) - SLB on Tuesday said it will commercially launch its version of a direct lithium extraction (DLE) system after years of tests ...
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Schlumberger. Schlumberger NV (French: [ʃlumbɛʁʒe, ʃlœ̃b-]), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3][4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue. [5]
If we stretch and compare current valuations to the five-year averages for earnings and free cash flow, Schlumberger has a P/E ratio of 21.0 and a five-year EV/FCF ratio of 41.5.
A benchmark crude or marker crude is a crude oil that serves as a reference price for buyers and sellers of crude oil. There are three primary benchmarks, West Texas Intermediate (WTI), Brent Blend, and Dubai Crude. Other well-known blends include the OPEC Reference Basket used by OPEC, Tapis Crude which is traded in Singapore, Western Canadian ...
Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. [2] He became its CEO in August 2011, [4] succeeding Andrew Gould, who retired as chairman and CEO. [5] He was replaced by Olivier Le Peuch in August 2019. [6] Under his leadership, the company laid off approximately 70,000 employees in less than three years. [7]
This article is part of Our Top 5 Energy Stocks for 2012 series. Energy constitutes the single most important sector in today's topsy-turvy market. Beyond that, I'll maintain without the slightest ...
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