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Let's see what those numbers can tell us about how expensive or cheap Schlumberger (NYS: SLB) might be. The current price multiples First, we'll look at most investors' favorite metric: the P/E ratio.
Schlumberger is incorporated in Willemstad, Curaçao as Schlumberger N.V. and trades on the New York Stock Exchange, Euronext Paris, the London Stock Exchange and SIX Swiss Exchange. Schlumberger is a Fortune Global 500 company, ranked 287 in 2016, [8] and also listed in Forbes Global 2000 , ranked 176 in 2016.
Schlumberger (NYS: SLB) Schlumberger is the world's largest oil-field-services company. It is also one of the few companies that has had access to Mexico's oil industry.
Pierre Schlumberger was born in 1914, the son of Marcel Schlumberger, a mechanical engineer, and his wife Jeanne Laurans. Marcel co-founded Schlumberger in the 1920s with his brother, Conrad, a physicist. Pierre was the brothers' only male heir.
BP contracted Schlumberger (SLB) to run the Cement Bond Log (CBL) test that was the final test on the plug that was skipped. The people testifying have been very coy about mentioning this, and you'll see why. SLB is an extremely highly regarded (and incredibly expensive) service company.
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 ...