Everence Capital Management Inc. cut its stake in shares of Schlumberger Limited (NYSE:SLB – Free Report) by 49.6% during the 4th quarter, according to its most recent 13F filing with the Securities ...
The oil-and-gas industry is likely to supply a big chunk of the world’s energy needs for the remainder of the century, and SLB will be there to service it.
The 42-year-old executive's net worth is not publicly available ... Since the last funding round, his share in the company had dropped to nearly 4.7% from its earlier level of 4.8 per cent ...