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SCHLUMBERGER PLANS FOR COST CUTS; RECORDS SECOND QUARTER LOSS

Published On 24 Jul 2020 06:42 PM


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Highlights –

  • Schlumberger plans for cost cuts; records second-quarter loss.
  • The U.S oilfield service providers recorded a $3.7 billion charge.
  • The company reported a net loss of $3.43 billion.
  • The company’s stock was down slightly at $19.23 per share.

The world’s largest oilfield services Schlumberger NV (SLB.N) on Friday outlined plans for....


Tags : OIL FIELD, SCHLUMBERGER, COST CUTS, SECOND QUARTER LOSS, USA,
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