For the first nine months of the year, SLB repurchased a total of 26.6 million shares of its common stock for a total purchase price of $1.24 billion. On October 17, 2024, SLB entered into a definitive agreement to sell its working interests in the Palliser Block located in Alberta, ...
“SLB is well positioned to navigate the evolving market conditions by leveraging its unique exposure to long-cycle projects in international, deepwater, and gas markets. Additionally, SLB’s digital leadership and growing presence in emerging low-carbon markets—such as carbon capture and storage an...
“Looking ahead, we believe the market fundamentals remain very compelling for our business. The oil and gas industry continues to benefit from a multiyear growth cycle that has shifted to the international and offshore markets where we are the clear leader. Concurrently, upstream spending is accel...
This fourth-quarter and full-year 2023 earnings press release, as well as other statements we make, contain “forward-looking statements” within the meaning of the federal securities laws, which include any statements that are not historical facts. Such statements often contain wor...
bathroom and kitchen for each unit, thereby encouraging the conversion of SROs and rooming houses into standard, and unattainable apartments.” (Erikson), this provides us with an excellent example of how urban “improvements”, even if well meaning, can actually be harmful to established ...