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MarketScreener Homepage  >  Equities  >  Nyse  >  Schlumberger NV    SLB   AN8068571086

SCHLUMBERGER NV

(SLB)
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Schlumberger Memo : Company to Consolidate Some Product Lines, Shuffle Executives -- Reuters

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05/21/2020 | 01:58pm EDT

--Oilfield services and equipment company Schlumberger Ltd. plans to consolidate some product lines and will see moves among some executives in the coming months, Reuter reported Thursday, citing a memo to employees "dated on Wednesday and reviewed by Reuters."

--The changes will see the company consolidate 17 product lines into four divisions, and will also result in several executives changing positions or leaving the company, the report said.

--A spokesman for Schlumberger didn't immediately respond to a request for comment, the report said.

 

Full story: https://www.reuters.com/article/us-schlumberger-reorganization-exclusive/exclusive-schlumberger-names-new-top-executives-to-oversee-corporate-overhaul-idUSKBN22X0CB

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

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Financials (USD)
Sales 2020 23 750 M - -
Net income 2020 -6 767 M - -
Net Debt 2020 13 063 M - -
P/E ratio 2020 -4,14x
Yield 2020 3,82%
Capitalization 28 214 M 28 214 M -
EV / Sales 2019
EV / Sales 2020 1,74x
Nbr of Employees 105 000
Free-Float 96,6%
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 20,30 $
Last Close Price 20,33 $
Spread / Highest target 136%
Spread / Average Target -0,13%
Spread / Lowest Target -36,1%
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Managers
NameTitle
Olivier Le Peuch Chief Executive Officer & Director
Mark G. Papa Non-Executive Chairman
Khaled Al-Mogharbel Executive Vice President-Operations
Stephane Biguet Chief Financial Officer & Executive Vice President
Demosthenis Pafitis Chief Technology Officer
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