COVID Stimulus Watch Individual Entry
Recipient Company:
Schlumberger Holdings Corp
Loan or Loan Guarantee Amount:
$1,092,354
Recipient Details
Ownership Structure: publicly traded (ticker symbol SLB)
Award Details
Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Schlumberger
Headquartered in: Netherlands
Parent Sector: oilfield services and supplies
Parent Industry: oilfield services
Employees (prior to pandemic): 105,000
Accountability Issues Since 2010
Employment-related Penalties: $9,350,898
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $230,152
Consumer Protection / Financial / Competition-related Penalties: $234,347,622
Ratio of CEO Pay to that of Median Worker: 313 to 1
CEO Compensation: $19,117,170
Worker Median Pay: $71,021
Total Federal, State, and Local Subsidies: $52,869,421
Violation Tracker
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues