Summary
SLB LIMITED/NV (SLB) filed an 8-K report on August 30, 2016, to disclose information presented by Patrick Schorn, President of Operations, at the Simmons 2016 European Energy Conference. The presentation provided an update on the company's current business outlook, including discussions on their transformation program, financial targets, and overall business growth prospects across various segments and geographic areas. Investors can access the presentation and slides, which contain forward-looking statements regarding business strategies, market conditions, and anticipated benefits from acquisitions like Cameron, on the Schlumberger Investor Relations website. The filing also includes a cautionary statement about the uncertainties inherent in these forward-looking statements and reiterates the company's commitment to providing transparency on its operational and financial trajectory amidst a dynamic energy market.
Key Highlights
- 1Patrick Schorn, President of Operations, presented the company's current business outlook at the Simmons 2016 European Energy Conference.
- 2The presentation included discussions on SLB's transformation program and financial and performance targets.
- 3Information shared covered growth expectations for SLB as a whole, its various groups, segments, and specific products/geographic areas.
- 4The outlook addressed rig count, oil and natural gas prices, and anticipated capital expenditures.
- 5Anticipated benefits of the Cameron acquisition were mentioned as part of the forward-looking discussions.
- 6The presentation slides are available on the Schlumberger Investor Relations website.