Tore Sandvold - Schlumberger Director

SLBG34 Stock  BRL 125.97  0.72  0.57%   

Director

Mr. Tore I. Sandvold serves as Director of Schlumberger N.V. He was executive Chairman of Sandvold Energy AS, an advisory company in the oil and energy industry, since September 2002. Mr. Sandvold is a director of Rowan Companies plc, a provider of international and domestic contract drilling services, where he serves on its audit committee and its health, safety and environment committee. He has also been a member, since 2003, of the board of directors of Teekay Corporationrationration, a provider of international crude oil and petroleum product transportation services, where he serves on its nominating and governance committee. From 1990 to 2001, Mr. Sandvold served as Director General of the Norwegian Ministry of Oil Energy, with overall responsibility for Norways national and international oil and gas policy. From 2001 to 2002, he was executive Chairman of Petoro AS, the Norwegian stateowned oil company. He also served as Chairman of Misen Energy AB, a Swedish upstream oil and gas company from December 2011 to November 2014, and was its acting chief executive officer from September 2012 to May 2014. Mr. Sandvold is also a member of the boards of directors of Lambert Energy Advisory Ltd Njord Gas Infrastructure, and Energy Policy Foundation of Norway. Mr. Sandvold brings to the Board experience working in the area of energy policy for approximately 40 years, and he has broad experience in developing domestic and international energy policies for Norway as a career civil servant. He also has experience dealing with global energy institutions such as the Organization of the Petroleum Exporting Countries and the International Energy Agency, and in negotiating with global energy companies. Mr. Sandvold has finance experience and a solid understanding of business opportunities, both as concerns acquisition targets and the industry in general. since 2016.
Age 68
Tenure 8 years
Phone713 513 2000
Webhttps://www.slb.com

Schlumberger Management Efficiency

The company has return on total asset (ROA) of 0.0613 % which means that it generated a profit of $0.0613 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2099 %, meaning that it generated $0.2099 on every $100 dollars invested by stockholders. Schlumberger's management efficiency ratios could be used to measure how well Schlumberger manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 10.59 B in total debt with debt to equity ratio (D/E) of 1.2, which is about average as compared to similar companies. Schlumberger Limited has a current ratio of 1.35, which is within standard range for the sector. Debt can assist Schlumberger until it has trouble settling it off, either with new capital or with free cash flow. So, Schlumberger's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Schlumberger Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Schlumberger to invest in growth at high rates of return. When we think about Schlumberger's use of debt, we should always consider it together with cash and equity.

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Schlumberger Limited supplies technology for reservoir characterization, drilling, production, and processing to the oil and gas industry worldwide. Schlumberger Limited was founded in 1926 and is based in Houston, Texas. SCHLUMBERGERDRN operates under Oil Gas Equipment Services classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 86000 people. Schlumberger Limited (SLBG34) is traded on Sao Paulo Exchange in Brazil and employs 99,000 people.

Management Performance

Schlumberger Limited Leadership Team

Elected by the shareholders, the Schlumberger's board of directors comprises two types of representatives: Schlumberger inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Schlumberger. The board's role is to monitor Schlumberger's management team and ensure that shareholders' interests are well served. Schlumberger's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Schlumberger's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tatiana Mitrova, Independent Director
Aaron Floridia, Chief Commercial Officer
Kevin Fyfe, Vice President Controller
Gavin Rennick, Vice President of Human Resources
Wolfgang Spiller, Member of the Management Board
Henri Seydoux, Independent Director
Amerino Gatti, President - Production Group
Patrick Chevardiere, Independent Director
Fridrich Anders, Member of the Supervisory Board, Employee Representative
Eduard Kranebitter, Chairman of the Management Board
Demosthenis Pafitis, Chief Technology Officer
Leo Reif, Independent Director
Hubertine UnderbergRuder, Chairwoman of the Supervisory Board
Alexander Juden, Secretary, General Counsel
Guy Arrington, Vice President - Operations Planning and Resource Management
Maureen Darkes, Independent Director
Herbert Jagersberger, Member of the Management Board
Ashok Belani, Executive Vice President - Schlumberger New Energy
Imran Kizilbash, Vice President - Schlumberger Venture Fund
Tobias Burgers, Member of the Supervisory Board
Paal Kibsgaard, Chairman of the Board, CEO
Stephane Biguet, Chief Financial Officer, Executive Vice President
Peter Currie, Lead Independent Director
Rajeev Sonthalia, President - Integrated Performance Management
Nikolay Kudryavtsev, Independent Director
Eileen Hardell, Assistant Secretary
Emil Underberg, Vice Chairman of the Supervisory Board
Michael Marks, Director
Howard Guild, Chief Accounting Officer
Simon Ayat, Chief Financial Officer, Executive Vice President
Khaled Mogharbel, Executive Vice President - Operations
Kempston Darkes, Director
Jeffrey Sheets, Director
Peter Wilden, Vice Chairman of the Supervisory Board
Mark Danton, Vice President - Director of Taxes
Miguel Galuccio, Independent Director
Donald Ross, President - North America Land
Ndubuisi Maduemezia, VP Relations
Rowe, President - Cameron Group
Saul Laureles, Director - Corporate Legal, Assistant Secretary
Pierre Chereque, Vice President and Director of Taxes
Indra Nooyi, Independent Director
Hinda Gharbi, Executive Vice President - Reservoir and Infrastructure
Olivier Peuch, Chief Executive Officer, Director
Sebastien Lehnherr, Chief Officer
Franz Scheer, Member of the Supervisory Board and Employee Representative
Florence Lambert, Chief Executive Officer - Genvia clean hydrogen production technology venture
Helge Lund, Director
Frederik Paulsen, Chairman of the Supervisory Board
Eric Turner, Member of the Supervisory Board
Gerard Martellozo, Vice President - Human Resources
Rudolf Kobatsch, Member of the Supervisory Board
JeanFrancois Poupeau, Executive Vice President - Corporate Development and Communications
Marion Hackstock, Member of the Supervisory Board, Employee Representative
Giles Powell, Director Communication
Tore Sandvold, Director
Gerd Peskes, Member of the Supervisory Board
Simon Farrant, Vice President - Investor Relations
Abdellah Merad, Executive Vice President - Performance Management
Claudia Jaramillo, Vice President Treasurer
Catherine MacGregor, President - Reservoir Characterization Group
Mark Papa, Non-Executive Chairman of the Board
Lubna Olayan, Independent Director
Vijay Kasibhatla, Director - Mergers and Acquisitions
Maria Hanssen, Independent Director
Dianne Ralston, Chief Sec
Patrick Schorn, Executive Vice President - Wells
Stephanie Cox, Vice President - Human Resources

Schlumberger Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Schlumberger a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Please note, there is a significant difference between Schlumberger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schlumberger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schlumberger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.