http://oilpro.com/post/16605/schlumberger-prints-15-billion-cold-hard-cash-3-months-ceo-gives
Schlumberger kicked off oil earnings season with a bang Thursday afternoon. The company's 2Q earnings beat analyst expectations by more than 10%, and the company's CEO called the bottom for North America drilling activity
Hire more Indians in Houston, TX. There is only 18% of us.
Just read the transcript of his last conference call. He definitely says he will update the forecast each quarter (or was it only Q1 Q3?) and reduce headcount as needed. Since the markets not improving that means more firing before the end of Q3 or Q4.
Beat expectations by firing and layoffs. What a joke they are. Funny part they believe their lies in their meetings lol. Wow just wow
Milk and honey now
Perhaps this is one of the largest companies in this field but for sure is the shittiest one. A bunch of Indians and muslims that pay bribes to their English and other masters, latino cartels and so on as so forth. Disgusting! The way they do business in houston would not bring them anywhere in the NAM market. Glad that I don't work for these POSs anymore. Hope that they lose business to HAL.
He also said he is ready to cut again if needed and that they were still overstaffed. Kibsgaard is committed to delivering bottom line results and the reduced decrementals he talks about are nothing to do with the so called transformation and directly as a result of the aggressive head count reduction. The company is just as inefficient as it ever was and if it wasn't for the 20,000 people they fired he would never have gotten his bonus.
Anonymous 118600, Houston, Maurice, Lafayette and youngsville LA. All upper management are foreign. Bad ones, Money-grubbing by all means. They don't give a f*** about anyone as long as he/she gets that fat bonus.
Mr. Kibsgaard must send a 3rd party audit team.
Access all business's financial records, Lists of receipts and expenditures.
Bank balances, records of physical assets owned or leased. Interview foreign personnel and review the business's accounting system. Like that he will make sure that everything accurate and match what they have on their 'books'. That operations are running smoothly.
PS last audit was a joke and they had orders to not speak the truth with the auditors. Wake up SHELL, chevron.......
Indeed, admitting rubbish here was one of one greatest mistakes made since 2003 in addition to the medical reform. Americans invest here and pay taxes on this investment.
Say thanks to the Indians and president who brought'em here. They is a million of them sitting in houston. my job is taken by one of the rogues who knew whom to pay.