Your email has been successfully added to our mailing list.

×
0 0 -0.000257003341043565 0 -0.00359804677460808 0.00154202004626048 0.00154202004626048 0.00205602672834742
Stock impact report

SLB Restructures Business Operations, Plans More Job Cuts [Yahoo! Finance]

SM Energy Company (SM) 
Last sm energy company earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.sm-energy.com
Company Research Source: Yahoo! Finance
In This Article SM RRC SUN SLB SLB, an American oilfield services company, is undertaking a significant internal reorganization, including a continued reduction in workforce, according to a Reuters report. The Houston-based company is implementing a new global structure as part of its ongoing cost-saving measures, reflecting a cautious outlook for industry growth amid concerns about an oversupplied oil market. Per the report, as part of its restructuring, SLB is establishing a new performance function, which will be led by a newly appointed chief performance officer. This division will encompass multiple operational aspects, including security, operational integrity and global business services. The company's internal communication emphasized that the primary objective is to integrate this structure across its business units, including functions, divisions, basins and geounits. SLB has been executing restructuring initiatives over the past year, incurring $237 million in Show less Read more
Impact Snapshot
Event Time:
SM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SM alerts
Opt-in for
SM alerts

from News Quantified
Opt-in for
SM alerts

from News Quantified