Abdellah  Merad net worth and biography

Abdellah Merad Biography and Net Worth

EVP of Schlumberger
Abdellah Merad is executive vice president Performance Management, a role he assumed in May 2019. His previous positions include president of NAL Production, president of the Production Group, vice president controller of Operations, vice president of the Shared Services Organization, and GeoMarket manager for North Africa.

Earlier in his career, Merad held a number of controller positions throughout the Middle East, Africa, and Asia. He joined Schlumberger in 1997 as a financial controller in the United Kingdom.

He holds a master’s degree in finance and a bachelor's degree in economy, both from Paris Dauphine University.

What is Abdellah Merad's net worth?

The estimated net worth of Abdellah Merad is at least $12.71 million as of February 26th, 2024. Merad owns 261,507 shares of Schlumberger stock worth more than $12,706,625 as of May 19th. This net worth evaluation does not reflect any other investments that Merad may own. Additionally, Merad receives a salary of $2,250,000.00 as EVP at Schlumberger. Learn More about Abdellah Merad's net worth.

How old is Abdellah Merad?

Merad is currently 50 years old. There are 7 older executives and no younger executives at Schlumberger. The oldest executive at Schlumberger is Mr. Olivier Le Peuch, CEO & Director, who is 60 years old. Learn More on Abdellah Merad's age.

What is Abdellah Merad's salary?

As the EVP of Schlumberger Limited, Merad earns $2,250,000.00 per year. There are 2 executives that earn more than Merad. The highest earning executive at Schlumberger is Mr. Olivier Le Peuch, CEO & Director, who commands a salary of $5,230,000.00 per year. Learn More on Abdellah Merad's salary.

How do I contact Abdellah Merad?

The corporate mailing address for Merad and other Schlumberger executives is PARKSTRAAT 83, THE HAGUE P7, 77056. Schlumberger can also be reached via phone at (713) 513-2000 and via email at [email protected]. Learn More on Abdellah Merad's contact information.

Has Abdellah Merad been buying or selling shares of Schlumberger?

Abdellah Merad has not been actively trading shares of Schlumberger within the last three months. Most recently, Abdellah Merad sold 50,000 shares of the business's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $48.52, for a transaction totalling $2,426,000.00. Following the completion of the sale, the executive vice president now directly owns 261,507 shares of the company's stock, valued at $12,688,319.64. Learn More on Abdellah Merad's trading history.

Who are Schlumberger's active insiders?

Schlumberger's insider roster includes Khaled Al Mogharbel (EVP), Ashok Belani (EVP), Katharina Beumelburg (Insider), Stephane Biguet (VP), Pierre Chereque (Director), Patrick de La Chevardière (Director), Kevin Fyfe (VP), Hinda Gharbi (EVP), Howard Guild (CAO), Claudia Jaramillo (VP), Alexander Juden (General Counsel), Vijay Kasibhatla (Director), Saul Laureles (Director), Olivier Le Peuch (CEO), Gérard Martellozo (VP), Abdellah Merad (EVP), Demosthenis Pafitis (CTO), Mark Papa (Director), Dianne Ralston (Insider), Gavin Rennick (Insider), and Patrick Schorn (EVP). Learn More on Schlumberger's active insiders.

Are insiders buying or selling shares of Schlumberger?

In the last year, Schlumberger insiders bought shares 1 times. They purchased a total of 110 shares worth more than $5,038.00. In the last year, insiders at the oil and gas company sold shares 26 times. They sold a total of 432,516 shares worth more than $22,941,626.12. The most recent insider tranaction occured on May, 14th when CTO Demosthenis Pafitis sold 63,095 shares worth more than $3,044,964.70. Insiders at Schlumberger own 0.3% of the company. Learn More about insider trades at Schlumberger.

Information on this page was last updated on 5/14/2024.

Abdellah Merad Insider Trading History at Schlumberger

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/26/2024Sell50,000$48.52$2,426,000.00261,507View SEC Filing Icon  
1/23/2023Sell70,000$57.20$4,004,000.00204,357View SEC Filing Icon  
5/28/2020Sell14,822$19.19$284,434.1854,750View SEC Filing Icon  
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Abdellah Merad Buying and Selling Activity at Schlumberger

This chart shows Abdellah Merad's buying and selling at Schlumberger by year and by quarter.

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Schlumberger Company Overview

Schlumberger logo
Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.
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Today's Range

Now: $48.59
Low: $48.29
High: $48.77

50 Day Range

MA: $51.44
Low: $47.16
High: $55.21

2 Week Range

Now: $48.59
Low: $42.73
High: $62.12

Volume

5,534,600 shs

Average Volume

10,792,067 shs

Market Capitalization

$69.45 billion

P/E Ratio

16.14

Dividend Yield

2.27%

Beta

1.64