Why You Need to Own Schlumberger
As the economy transitions from bust to boom, the biggest oil services giant in the world stands to outperform.
An oilfield services company, supplying technology, project management and information solutions that optimize performance in the oil and gas industry. It consists of two business segments: Schlumberger Oilfield Services and WesternGeco.
As the economy transitions from bust to boom, the biggest oil services giant in the world stands to outperform.
SLB earnings call for the period ending December 31, 2020.
SLB earnings call for the period ending September 30, 2020.
More signs of pressure on oil and gas stocks are raising questions about long-term viability.
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SLB earnings call for the period ending June 30, 2020.
The oilfield services company is cutting more than 21,000 jobs in the midst of the oil market downturn.
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This year has been terrible for shareholders of the oilfield services giant as the supply of crude has outstripped the world's demand.
The oil services giant is planning more changes to deal with sharply lower oil prices and drilling activity as demand fell from COVID-19 pandemic impacts.