Schlumberger - 27% (https://www.macroaxis.com/invest/ratio/SLB--Probability-Of-Bankruptcy)
Cameron - 37% (https://www.macroaxis.com/invest/ratio/CAM--Probability-Of-Bankruptcy)
Halliburton - 1% (https://www.macroaxis.com/invest/ratio/HAL--Probability-Of-Bankruptcy)
They gave me shares for half of my severance and $75 I better sell.
This company already lost it's market and good people all is left is bunch of trucks and demotivated worker.
Now the SLB's probability of bankruptcy jumped to 35% !
What is SLB-PPS market share in NAM? Permian Basin?
This means heads will be chopped and salaries slashed. Welcome to this low wage industry where the high-fliers will be attracted elsewhere and the low-fliers will stay and earn peanuts. Just a capitalist society working the way it always does.........supply vs demand, high performers vs slackers and men vs boys.
Low worldwide demand! Oversupply from OPEC, oversupply from US Shale drillers (W Texas) to pay down debt; too many service companies competiting for work below margin.
Another 70000 families ?