Looking at the financials for 2015 ...Q4 will be announced Jan 16, 2016 !
Q1 $589 million loss
Q2 $188 million loss .. cut headcount for Wall St
Q3 $159 million loss .. cut headcount for Wall St
Q4 $??? million loss .. things are lookin' real peachy !
You'd be crazy to gamble on oilfield stock ...you can get Municipal Bonds paying 4.75% pa tax free guaranteed for 10 or 20 years.. not stellar but they're tradable and safe...
On a related gastronomic topic... do you remember a previous CIO who signed a contract with a certain Indian software company for 450 contractors, the majority of whom then spent 4 years working on SAP upgrades ? The certain CIO then became an executive with an Indian software company ....a certain software company who happened to have a global software development agreement with Schlumberger... Sepp Blatter isn't looking so bad...
But - there will be massive executive bonuses paid out
Cut some stinkies!