Schlumberger CEO flags Q3 writedown [Seeking Alpha]
Schlumberger N.V. (SLB)
Last schlumberger n.v. earnings: 4/17 06:50 am
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Schlumberger CEO flags Q3 writedown - Schlumberger Limited (NYSE:SLB) | Seeking Alpha Energy | On the Move Schlumberger CEO flags Q3 writedown Sep. 4, 2019 2:58 PM ET Schlumberger Limited (SLB) Carl Surran New Schlumberger ( +4.3% outlined his vision In his first public remarks since taking office in July, Le Peuch also warned that SLB would record a sizeable, non-cash charge to write down assets in the current quarter, without offering specifics. "The Schlumberger of tomorrow will not be the Schlumberger of today," Le Peuch said in pledging that improved returns would take priority over revenue growth. SLB will exit unprofitable businesses and continue to try to sell stakes in ventures under the Schlumberger Production Management group, Le Peuch said. SLB's North American business has faced "significant pressure" and "unsustainable margin compression down to mid-single digits," Le Peuch said, adding he would prioritize a strategic review of the North American portfolio. See all sto
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News
- Pump Jack Market Size Valuation to Reach US$ 6 Billion by 2034, With a 5.8% CAGR | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Schlumberger Limited (NYSE: SLB) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $65.00 price target on the stock.MarketBeat
- Schlumberger Limited (NYSE: SLB) had its "buy" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $64.00 price target on the stock.MarketBeat
- Schlumberger Limited (NYSE: SLB) had its "positive" rating re-affirmed by analysts at Susquehanna. They now have a $77.00 price target on the stock.MarketBeat
- Schlumberger Limited (NYSE: SLB) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $68.00 price target on the stock.MarketBeat
SLB
Earnings
- 4/19/24 - Beat
SLB
Sec Filings
- 4/24/24 - Form IRANNOTICE
- 4/24/24 - Form 10-Q
- 4/19/24 - Form 8-K
- SLB's page on the SEC website