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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.
Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. He became its CEO in August 2011, succeeding Andrew Gould, who retired as chairman and CEO. He was replaced by Olivier Le Peuch in August 2019. Under his leadership, the company laid off approximately 70,000 employees in less than three years.
The Schlumberger company then tried to expand their activities to many other countries, but the attempts were hindered by the worldwide depression. On 15 September 1934, Schlumberger's subsidiary in the United States became Schlumberger Well Surveying Corporation (SWSC) with offices in Houston, Texas. Conrad was the chairman, and Marcel was the ...
Schlumberger (SLB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. Here is What to Know Beyond Why Schlumberger Limited ...
Numbers can lie -- but they're the best first step in determining whether a stock is a buy. In this series, we use some carefully chosen metrics to size up a stock's true value based on the ...
Schlumberger (NYS: SLB) carries $19.5 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
A stock split or stock divide increases the number of shares in a company. For example, after a 2-for-1 split, each investor will own double the number of shares, and each share will be worth half as much. A stock split causes a decrease of market price of individual shares, but does not change the total market capitalization of the company ...
Now more than ever, a comfortable retirement depends on secure, stable investments. Unfortunately, the right stocks for retirement won't just fall into your lap. In this series, I look at 10 ...