You have accessed this news story:
CM - Schlumberger exits some businesses, reports $10.1B net loss - January 2020
Schlumberger, the world’s largest oilfield services company, reported a net loss for 2019 of $10.1 billion on revenue of $32.9 billion, compared with $2.14 billion in net income on $32.8 billion of revenue YOY. Excluding charges that included an over $8.8 billion impairment of goodwill and over $1 billion in asset write-downs, the company made $2.05 billion last year. Schlumberger reduced its frac horsepower capacity by 50%, exited the onshore coiled tubing business in......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.
PLS Web Client?Log in to proceed
|Sign up for PLS Reports
& Web Access!
Already subscribed to Reports?
Sign up for Web Access!