Seem to me that we are. Wanted to get some other thoughts on this.
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SLB is an efficient, well-oiled machine compared to Weatherford and BHGE. Not saying SLB is all rainbows and unicorn farts, but having worked at Baker, I can tell you SLB could be much, much worse.
The days of the big box service company in North America are over. Pity for those who stuck around for their stock options.
Or the slow motion train crash that is BHGE.
No, go see Weatherford.