"we believe that investors continue to under-estimate the incremental earnings contribution that Schlumberger should generate from its data and analytics software, transformation initiatives, integration of Cameron, and share repurchases", per Guggenheim’s Michael LaMotte
4 replies (most recent on top)
Transformation is destroying research&engineering,
while favoring Financial Engineering.
Conrad and Marcel would be rather upset,
seing their baby on a casino roulete.
They are cashing-in their shares very well,
despite pensions and SLB may go to Hell.
we should do something in his honor
the problem is the rig count is going up in the USA but SLB revenues are still going down. Wonder why that is? something to do with being over expensive and under delivering perhaps? Or maybe because integration and collaboration is just a marketing slogan and operators in the USA done believe it
He forgot to mention slavery