Thread regarding Schlumberger Ltd. layoffs

Paal- All quiet on this previous two years it was $18.3M and $18.0M, not published last years total?

Surely he has to take a cut this year with being outperformed by HAL Stock ?

Or is this not relevant, but the company has been stripped of resources, morale is awful, very low management engagement, now we are desperate times....will he ski off into the sunset?

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| 1681 views | | 5 replies (last February 21, 2017) | Reply
Post ID: @OP+LQHVLuj

5 replies (most recent on top)

wow that is a lot of money, do you really need more?

P.Kibsgaard's reported compensation:

2016 = 18,560,000

2015 = 18,275,000

2014 = 18,518,000

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Post ID: @7vek+LQHVLuj

Thanks @LQHVLuj-2ymu

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Post ID: @7ier+LQHVLuj

Good job, Paal! You got a raise for chopping head counts!

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Post ID: @2wii+LQHVLuj

Highest compensated employees for all public companies must disclose their overall compensation. This is done in the annual proxy statement and is publicly available on the SEC website [US Securities and Exchange Commission]. The number for 2016 were published on Feb 9th.

P.Kibsgaard's reported compensation:

2016 = 18,560,000

2015 = 18,275,000

2014 = 18,518,000

SEC form shows that SLB outperformed competitors on free cash flow, pre-tax income margin, and return on capital. If you are thinking about the stock price having relative poor performance then that is different than operating metrics and not necessarily related. Sometimes weaker company's stock performs better because investor expectations are that the higher oil price will return them back to positive financial positions.

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Post ID: @2ymu+LQHVLuj

Must be less?

I heard New Tech portfolio is empty as well, only way to get better is to cry to clients. Not exactly a professional business plan to clients who are suffering as well or top 100 company

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Post ID: @iuf+LQHVLuj

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