Does serial underperformance and dreaming up failed "new ways to work" and "transformation" initiatives merit multi-million dollar compensation packages while the share price tanks?
Surely its time for a shareholder revolt to oust these fraudsters.
5 replies (most recent on top)
they fudge the metrics to hit all their KPOs every year
Slb employees and bosses deserve each other
SLB got lot of bosses, not leaders...especially in the drilling automation side...i surprised to see "le patron" as name board outside these buffoons office...
https://www.macrotrends.net/stocks/charts/SLB/schlumberger/pe-ratio
Stock price is not at all reflective of value or performance for this company.
More of the price is influenced by outside speculative news like tariffs, OPEC, weather, war.
Note the earnings have continued to climb while stock prices fall. That is the P/E ratio correcting itself away from previous bloated, overinflated, speculative pricing (SLB was not worth 50x their annual earnings) No one wants a 50yr pay off...
More fire expensive employee = , higher share price.