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Energy Select Sector SPDR ETF Message Board

  • coldwintergas coldwintergas Aug 20, 2011 12:17 PM Flag

    SLB higher margins than BHI/HAL in middle-east+asia

    Historically Schlumberger has maintained strong margins in the Middle East and Asia market. We estimate that the company has maintained 33 – 35% EBITDA margins in the region over the past few years. In comparison, Halliburton’s margins in the region range between 22 – 30% and Baker Hughes has EBITDA margins between 14 – 22%

    the real question is why or how has SLB maintained higher margins than the others. anyone ?

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