Oil and Gas Companies

To keep this short... Shell and onshore gas well drilling don't mix

 

Schlumberger: #1 oil services company in the world, French-based firm, very diverse company with lots of minorities in upper management. Well run business with a lot of cash and high EV/EBITDA ratio. Currently valued accordingly. Great place to work by all accounts, in terms of career development.

Halliburton: Good old boy network is alive and well at HAL. Stock is slightly undervalued as per ROCE/WACC vs EV/Capital Employed metric. Terrible place to work -> big, bureaucratic. Lots of engineering in Duncan, Oklahoma.

XOM: conservative culture, high revenue, huge market cap. Good place to hold a steady job.

Baker Hughes: mid-cap exploration and production firm, performing at the industry average. Everyone has their own office, with the door closed. Similar to HAL, the good old boy network is prevalent.

 

Diversity at an oil company? hehe. cute.

Actually I don't know for sure, but with names like the ones you posted, diversity and "thinking outside the box" are the last things I'd associate with them. I could be wrong.

 

My dad's worked for all of those companies and Schlumberger is #1 by far, it's not even close, they will wipe your a$$ for you if you want them to ...they are the most respected in the oil industry -worldwide.

 

I wouldn't think of working for any of those companies listed, except for Schlumberger. I've heard good things about Tenaris as well. Anyone know anything about Transocean?

 

I know it was spun off of SLB

 

It means I hope you're a white male who likes Budweiser, deer hunting and GWB

 

What do you want to know? They are the largest drilling contractor in the world.

 

Good luck. There is and has been plenty of money to be made in oil and gas buisness in Houston. IMO, this latest oil boom should and hopefully will last for another 3-5 years. After that, watch out for huge layoffs in Houston. Which one did you decide to go with?

 

Anybody on the BBS had any experience working for them?

 

I went to the OTC this year and one of the companies named NOV (National Oilwell Varco) had one of the biggest setups at Reliant, was told of job opportunities by one of the reps there. I looked them up and they are the 4th biggest oilfield services in the world. Just wondering if anybody has any opinions working for NOV just like the OP's questions about the other companies.

 

Anyone here have any experience with Apache Corporation?

 

My girl works for NOV. From what I can tell, she loves working for them, but then again, we came from a hell hole of a company. NOV is very competitive with salaries, but I hear they don't give many salary increases, which is why they start off higher. The stock is shooting up like none other as well, but im sure so are other oil company/service companies. Does anyone have any advice on FMC??

 

I work for Apache. What do you want to know? Are you applying for a job, what department?

 

I work for Apache as well. Bogey what department are you in?

I have been here for about 4 months. I really like the company. Its getting bigger. The company is laid back. They allow employees to think and actually suggest on ways to do your job easier. The benefits are great as well.

 

My sister works for Shell and loves it, particularly, I think, because of the culture.

But that could just be her.

I do get the impression that Shell is well perceived by the American public in general, at least relative to a XOM or Halliburton.

I used to bank E&P companies also. From a personal perspective, I'd prefer to work at a smaller, mid-market E&P or oilfield services company...but I can also see the draw to working for a bigger guy, especially for a few years out of college, etc.

I'm plenty smart and a good worker and all, but I'd never be able to work my way up the coporate ladder at such a behemoth of a company....maybe I would, but I wouldn't be particularly happy about the 35 years it would take to do it...

 

Hey I recriut for all the EPC companies around the area so if anyone is looking marc.blankenship@epcglobal.com Schlumberger as well.

 

Does anyone have any experience in dealing with FMC? I will be starting in a couple weeks at their subsea department. From the looks of it, subsea development will play a crucial role in exploration of oil, as many companies have positioned to dig deeper and further into our ocean floors....