Yeah, baby, yeah! Another earnings report for this quarter. I'm so thrilled to hear Paal's new BS stories - e.g. cyclical nature of the oil industry, a highly-compressed coiled spring, we're really at the bottom etc...
What do you guys expect this time?
The efficient way of recovery for share price is to layoff more politically attached people, rather than productive people
The basic business plan is flawed with numerous types of cloud thinking bull like the Blue Plan, which provides no financial benefits to the company or staff. Remember this is the company that totally failed to see the huge downturn in demand for oil and a massive over supply
The higher management still believe that oil will be desperately needed in spite of reserves continuously being easily found (Permian Basin in case any jackass engineers have no knowledge of this). They do not understand that service prices will be driven down...something SLB will never adjust to. They are completely incapable of seeing the new order.
The train crash commences, flee to the hills.
The transformation is delivering results.....not
Integrated production management is delivering results.......not - we don’t get paid and are owed billions
The supply demand curve will break anytime soon and create new demand for services......maybe
Plans to buy out WFD and assume their debt.