Post Tagged with: "Ticker: SLB"

Low Investment has Led to Unsustainable Production Management – Schlumberger

Low Investment has Led to Unsustainable Production Management – Schlumberger

 “The current situation is not sustainable” – Schlumberger CEO Paal Kibsgaard

Production has held up well over the downcycle, but headline numbers of absolute production volume are masking an underlying problem that could soon hit the oil and gas industry, …

We Found the Bottom, but Don’t Expect an Easy Recovery – Schlumberger

We Found the Bottom, but Don’t Expect an Easy Recovery – Schlumberger

Schlumberger CEO Paal Kibsgaard pessimistic on underlying industry performance

During the second quarter conference call for the world’s largest oilfield service provider, Schlumberger (ticker: SLB) CEO Paal Kibsgaard said that oil markets had found bottom, but that the road to …

Schlumberger Clears Final Hurdle in $14.8 Billion Cameron Merger

Schlumberger Clears Final Hurdle in $14.8 Billion Cameron Merger

Schlumberger receives go-ahead from Chinese Ministry of Commerce

The world’s largest oilfield service company, Schlumberger Limited (ticker: SLB) jointly announced with Cameron International Corporation (ticker: CAM) today that the Chinese Ministry of Commerce (MOFCOM) cleared their proposed merger, which …

Core Lab Continues to Outperform the Oilfield Service Sector

Core Lab Continues to Outperform the Oilfield Service Sector

Full year free cash flow represented 144% of net income in 2015

Core Laboratories (ticker: CLB, CoreLab.com) released its fourth quarter and full year 2015 results this week, proving that it is a company that can continue to outperform …

Schlumberger Approaches Deadline on $1.7 Billion Russian Acquisition

Schlumberger Approaches Deadline on $1.7 Billion Russian Acquisition

Schlumberger waits for approval from Russia’s Federal Antimonopoly Service

Oilfield service giant Schlumberger (ticker: SLB) is quickly approaching the most recent deadline for the acquisition of Russian oilfield service company Eurasia Drilling Company (ticker: EDC). The deal was originally announced …

Schlumberger Beats Q2 Consensus by 11% on Cost Efficiencies

Schlumberger Beats Q2 Consensus by 11% on Cost Efficiencies

Schlumberger announces EPS of $0.88 per share

 Oilfield services giant Schlumberger (ticker: SLB) released its second quarter results yesterday, beating expectations substantially despite lower revenues. SLB announced adjusted earnings per share (EPS) of $0.88 per share, beating the consensus of …

July 17, 2015 - 2:54 pm Earnings, Oil and Gas 360 Articles, Oilfield Services