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 Investors Conference - Q&A Session Transcript

Nov 03, 2022 / 08:05PM GMT
Release Date Price: €53.2 (+1.53%)
Stephane Biguet
Schlumberger Limited - Executive VP & CFO

Good afternoon, ladies and gentlemen. I first want to thank everyone for spending the day with us. I hope it was a valuable use of your time, bringing to life our vision and giving you insights on our strategic and operational initiatives.

I will conclude the day by providing you a view of how those strategic plans come together to deliver financial outperformance and significant value to investors. On that note, I will close with some exciting news regarding our future returns to shareholders.

Let me first review what we have done since 2019 to reposition SLB from a strategic and financial standpoint. This will provide you with some perspective and set the context of what is ahead of us.

As you all know, we have made a number an important of important and impactful changes since 2019. We meaningfully refocused our portfolio. We significantly reduced our cost base and implemented a new and leaner organization. We launched a comprehensive capital stewardship program. And we became much more effective at managing

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