Financial News

Date Title and Summary
Toggle Summary Schlumberger Announces Fourth-Quarter and Full-Year 2020 Results
Fourth-quarter worldwide revenue of $5.5 billion increased 5% sequentially Fourth-quarter GAAP EPS, including charges and credits, was $0.27 Fourth-quarter EPS, excluding charges and credits, of $0.22 increased 37% sequentially Fourth-quarter cash flow from operations was $878 million and free cash
Toggle Summary Schlumberger New Energy, the CEA and Partners Announce European Commission Approval for the Formation of Genvia, a Clean Hydrogen Production Technology Venture
The Genvia venture will focus on the development and industrial deployment of a game-changing electrolyzer technology for clean hydrogen production PARIS --(BUSINESS WIRE)--Jan. 11, 2021-- Schlumberger New Energy, the CEA and Partners announced today the European Commission’s approval for the
Toggle Summary Liberty and Schlumberger Close North American Pressure Pumping Transaction
Supercharging Technology and Scale DENVER & HOUSTON, January 4, 2021 —Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today the completion of the contribution of Schlumberger's onshore hydraulic fracturing business in the United States and Canada ("OneStim®") to
Toggle Summary Schlumberger Announces Fourth-Quarter and Full-Year 2020 Results Conference Call
HOUSTON --(BUSINESS WIRE)--Dec. 18, 2020-- Schlumberger Limited (NYSE:SLB) will hold a conference call on January 22, 2021 to discuss the results for the fourth quarter and full year ending December 31, 2020 . The conference call is scheduled to begin at 8:30 am US Eastern time and a press release
Toggle Summary Schlumberger Announces Third-Quarter 2020 Results
Worldwide revenue of $5.3 billion decreased 2% sequentially International revenue of $4.1 billion decreased 1% sequentially North America revenue of $1.2 billion decreased 2% sequentially GAAP loss per share, including charges and credits of $0.22 per share, was $0.06 EPS, excluding charges and
Toggle Summary Schlumberger, IBM and Red Hat Announce Major Hybrid Cloud Collaboration for the Energy Industry
Historic agreement expands access to DELFI cognitive E&P environment to address customers’ deployment preferences LONDON & ARMONK, N.Y. & RALEIGH, N.C. --(BUSINESS WIRE)--Sep. 8, 2020-- Schlumberger, IBM and Red Hat, announced today a major collaboration to accelerate digital transformation across
Toggle Summary Schlumberger Announces Third-Quarter 2020 Results Conference Call
HOUSTON --(BUSINESS WIRE)--Sep. 4, 2020-- Schlumberger Limited (NYSE: SLB) will hold a conference call on October 16, 2020 to discuss the results for the third quarter ending September 30, 2020 . The conference call is scheduled to begin at 8:30 a.m. US Eastern time and a press release regarding
Toggle Summary Schlumberger to Contribute North American Pressure Pumping Business to Liberty
DENVER & HOUSTON, August 31, 2020 —Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today an agreement for the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada (“OneStim ® ”), including its pressure pumping,
Toggle Summary Schlumberger Announces Second-Quarter 2020 Results
Worldwide revenue of $5.4 billion decreased 28% sequentially International revenue of $4.1 billion decreased 19% sequentially North America revenue of $1.2 billion decreased 48% sequentially GAAP loss per share, including charges and credits of $2.52 per share, was $2.47 EPS, excluding charges and
Toggle Summary Schlumberger Reports on Payments to Governments for the Year Ended 31 December 2019
PARIS --(BUSINESS WIRE)--Jun. 30, 2020-- Schlumberger Limited is providing the following disclosure pursuant to L. 225-102-3 of the French Commercial Code (“FCC”) , which requires disclosures of certain payments made by Schlumberger Limited and its consolidated subsidiaries (together, the