How bad is Cameron missing revenue? I saw 10% in July
6 replies (most recent on top)
They want us to cut costs just to pay for dividends, not to lower our prices.
This is a complete joke.
Cameron still very profitable, but SLB now is stealing the profits to pay out dividends.
So after paying out the dividends then it makes Cameron look like it did not make enough.
Why does anyone think it is a good idea to just give away company money and not invest it into the company???? Dividends are a joke.
Cameron was better off alone
That frog is one gigantic fraud. No wonder!
This is what happens to all Schlumberger acquisitions once they put a Schlumbertron in charge.
Very good at handling the SLB internal politics and feedings his bosses with the usual SLB dogma while covering up the acquired company falling apart. Look at every large acquisition of companies during past 30 years who were leaders in their field before being acquired by the blue sickness. They become serial underperformera and lose all their best people to competitors who then go on to replace them as leaders in their area.
Insanity is doing the same stuff over and over again while expecting different results.
A Sad but true story
Ask the SLB manager they put in there. He should know