Demosthenis  Pafitis net worth and biography

Demosthenis Pafitis Biography and Net Worth

CTO of Schlumberger

Demosthenis Pafitis started his SLB career in 1991, initially working in research and engineering in the UK and US. In 2000, that work led to his assuming responsibility for the marketing and technology introduction of SLB’s rotary steerable systems and directional drilling services. From there, he held various research management positions before becoming vice president of engineering for oilfield services in 2007. In 2012, he became geomarket manager for Brunei, Malaysia, and the Philippines, further broadening his international experience.

After a stint as senior vice president of SLB’s Technology 4.0 platforms, Demosthenis was elevated to chief technology officer in 2020, where he continues to serve today. In this role, he’s responsible for SLB’s new technology development, digital technology development, and manufacturing groups. 

Demosthenis has a bachelor’s degree in materials science and engineering from the University of London, and a doctorate in materials science and engineering from the University of Cambridge, UK. He is also a Chartered Engineer in the UK.

What is Demosthenis Pafitis' net worth?

The estimated net worth of Demosthenis Pafitis is at least $1.64 million as of May 14th, 2024. Mr. Pafitis owns 33,421 shares of Schlumberger stock worth more than $1,639,634 as of July 24th. This net worth evaluation does not reflect any other investments that Mr. Pafitis may own. Learn More about Demosthenis Pafitis' net worth.

How old is Demosthenis Pafitis?

Mr. Pafitis is currently 56 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 Demosthenis Pafitis' age.

How do I contact Demosthenis Pafitis?

The corporate mailing address for Mr. Pafitis 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 Demosthenis Pafitis' contact information.

Has Demosthenis Pafitis been buying or selling shares of Schlumberger?

Demosthenis Pafitis has not been actively trading shares of Schlumberger during the last quarter. Most recently, Demosthenis Pafitis sold 63,095 shares of the business's stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $48.26, for a transaction totalling $3,044,964.70. Following the completion of the sale, the chief technology officer now directly owns 33,421 shares of the company's stock, valued at $1,612,897.46. Learn More on Demosthenis Pafitis' 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), Carmen Rando Bejar (Chief People Officer), 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, insiders at the oil and gas company sold shares 29 times. They sold a total of 643,795 shares worth more than $33,480,366.30. The most recent insider tranaction occured on July, 22nd when CFO Stephane Biguet sold 50,048 shares worth more than $2,499,397.12. Insiders at Schlumberger own 0.3% of the company. Learn More about insider trades at Schlumberger.

Information on this page was last updated on 7/22/2024.

Demosthenis Pafitis Insider Trading History at Schlumberger

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/14/2024Sell63,095$48.26$3,044,964.7033,421View SEC Filing Icon  
8/30/2023Sell60,000$58.83$3,529,800.0036,858View SEC Filing Icon  
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Demosthenis Pafitis Buying and Selling Activity at Schlumberger

This chart shows Demosthenis Pafitis'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: $48.27
Low: $47.87
High: $49.16

50 Day Range

MA: $46.32
Low: $43.00
High: $49.67

2 Week Range

Now: $48.27
Low: $42.61
High: $62.12

Volume

2,420,033 shs

Average Volume

11,060,503 shs

Market Capitalization

$68.99 billion

P/E Ratio

16.04

Dividend Yield

2.26%

Beta

1.55