You have accessed this news story:
OFS - Impairment charges all the rage in Q3 earnings reports - October 2019
Q3 earnings season arrived with Schlumberger’s report on Oct. 18, and it seems to have set the mood for the service sector—a dark, dreary mood. The industry giant posted a $11.3 billion net loss, its largest in at least a decade. Early returns suggest Q3 will be an earnings season where “not as bad as expected” is the new “good.” Most of Schlumberger’s loss came from non-cash charges, another common theme of the reports.......
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!