We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Drilling down

17 April 2020 By Lauren Silva Laughlin

Schlumberger’s stock surged after the company slashed its payout by 75%. Granted, it’s because investors are now more comfortable with the $19 bln oil-services firm’s balance sheet. But as virus pain spreads across industries, ditching dividends’ sacrosanct status is a must.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)