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BRIEF-Schlumberger on track to achieve cash flow generation target for the year - conf call
October 20, 2017 / 1:41 PM / 2 months ago

BRIEF-Schlumberger on track to achieve cash flow generation target for the year - conf call

Oct 20 (Reuters) - Schlumberger NV:

* Schlumberger NV says remain on track to achieve cash flow generation target for the year - conf call

* Schlumberger NV says current situation regarding global oil inventory is more positive than what is reflected by the industry - conf call

* Schlumberger NV CEO says SPM won’t alter co’s core business, it will only compliment the core business - conf call

* Schlumberger says there is still pricing pressure in new bids, but downward trend of pricing is slowing significantly in international markets - conf call

* Schlumberger says in north america land, we do expect to grow, but i think the growth rate will slow - conf call Further company coverage:

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