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Smith International had many separate divisions that perform various functions in drilling and the petrochemical industry. Many of the legacy brand names have been retained post-merger with Schlumberger under Schlumberger's Drilling Products & Services. [8] These are: Smith Bits - A Schlumberger Company (formerly Sii Bits).
Stifel finds a good old-fashioned value stock in the energy sector.
Schlumberger NV (French: [ʃlumbɛʁʒe, ʃlœ̃b-]), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
Now, Schlumberger (SLB) is getting. Dealmaking in the energy sector has been red-hot lately, with transactions like Exxon's (XOM) $41 billion purchase of XTO (XTO) and the $12 billion ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
Oilfield services giant Schlumberger rode to solid profits on the back of its international operations, a feat that will be hard for peers Halliburton and Baker Hughes Incorporated to match as ...
A split share corporation is a corporation that exists for a defined period of time to transform the risk and investment return (capital gains, dividends, and possibly also profits from the writing of covered options) of a basket of shares of conventional dividend-paying corporations into the risk and return of the two or more classes of publicly traded shares in the split share corporation.
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