what is happening with the stocks? it is declining so bad. I thought SLB has good prospects with all the new digital era and transformation
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Dumberger in a death spiral while I took that fat check and making serious clams !!! Bwahahaha !!!
Life is awesome ... bye bye Scumberbots !!! :)
Paal is dumping his shares which got for free as approved by board. Board is dumping their shares as approved by paal to be given for free.
He is making it better you liberal tard.
Far too many supervisors, line leaders, team leaders, people whose made-up titles have no economic value and way too many managers who will do anything to keep their jobs with obscene salaries and PIPs as they know that they have no chance of getting similar benefits in the real world... consequently they add no real value or cutting edge technologies. The transformation was a complete shambles as will the foray into Digitech.
Management Heavy, bleeding company dry. And way over staffed offices.
EPS TTM $1.45
P/E for SP 500 ~20-25x EPS
SLB P/E ~26x earnings. (Share price/EPS)
The price and value are on par for the first time since the 2014 downturn. This is roughly what SLB is worth. Old 50, 100, 200x EPS share prices were speculative garbage.
You'll need to see $4-5billion (double) earnings, if you want to see real $80 value.
Dotard’s trade war with China is k--ling all stocks. Get ready for more.