Schlumberger Ltd (FRA:SCL)
€ 41.7 0.3 (0.72%) Market Cap: 58.75 Bil Enterprise Value: 66.76 Bil PE Ratio: 14.13 PB Ratio: 2.88 GF Score: 69/100
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Schlumberger NV at JPMorgan Energy, Power & Renewables Conference Transcript

Jun 16, 2020 / NTS GMT
Release Date Price: €17.95 (+6.85%)
Sean Christopher Meakim
JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

Good afternoon. Thanks for joining us at the Fifth Annual JPMorgan Energy Conference, the first in a virtual format. I'm Sean Meakim, JPM's oil services and equipment analyst, and we're very happy to have a keynote address here and fireside chat with Schlumberger's CEO, Olivier Le Peuch.

Olivier is a more than 25-year veteran of Schlumberger who transitioned into the CEO role over the past year. And in doing so, he's initiated a significant strategic pivot for the company towards a more capital-light model, refocusing on the company's core competencies, taking costs out, all to boost margins and returns and at the same time, leading the industry into the next age of digital. So a full plate for sure. Olivier, welcome.

Olivier Le Peuch
Schlumberger Limited - CEO & Director

Thank you. Thank you, Sean. So ladies and gentlemen, good morning. I'm very happy to be here today, and I would like to thank you, Sean and JPMorgan, for the invitation to present at

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