Post Tagged with: "SLB"

Oil Production Diving, Inflation Climbing Fast: Venezuelans Squeezed

Oil Production Diving, Inflation Climbing Fast: Venezuelans Squeezed

Venezuela’s citizens are left holding a bag, one that is saddled with $60 billion dollars worth of debt.

Citizens of Venezuela have been buying into bonds due to government policies of subsidizing the purchase of foreign debt by individual investors, …

Schlumberger: First Out of the Box

Schlumberger: First Out of the Box

SLB: says will exit seismic acquisition market; posts almost a billion-dollar write down for Venezuela

Schlumberger Limited (ticker: SLB) reported its results for fourth quarter and full-year 2017.

Highlights

  • Fourth quarter revenue of $8.2 billion, increased 3% sequentially
  • Fourth quarter
Schlumberger Leads Off Q3 Earnings Rush

Schlumberger Leads Off Q3 Earnings Rush

Kibsgaard: Market is now in balance, look for upward movement in oil prices and growth in E&P investment 

Earnings season is here for Q3, and the oil and gas industry got off to a strong start with Schlumberger (ticker: SLB) …