All publications by tag «SCHLUMBERGER»
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2018, January, 22, 07:35:00
SCHLUMBERGER NET LOSS $1.5 BLN
SCHLUMBERGER - Full-year 2017 revenue of $30.4 billion increased 9% year-on-year. This included a full year’s activity from the acquired Cameron businesses as compared to three quarters of activity in 2016. Excluding the addition of Cameron, revenue growth was driven by land activity in North America, which increased by 82% in line with the increase in rig count. Full-year Production Group revenue increased 21%, Reservoir Characterization Group revenue improved 2%, and Drilling Group revenue declined 2%.
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2017, October, 23, 11:10:00
SCHLUMBERGER NET INCOME $545 MLN
- Revenue of $7.9 billion increased 6% sequentially
- Pretax operating income of $1.1 billion increased 11% sequentially
- GAAP EPS, including Cameron integration-related charges of $0.03 per share, was $0.39
- EPS, excluding Cameron integration-related charges, was $0.42
- Cash flow from operations was $1.9 billion; free cash flow was $1.1 billion
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2017, September, 4, 12:15:00
SCHLUMBERGER - EURASIA DEAL STOP
The acquisition of Russia’s Eurasia Drilling Co (EDC) by U.S. oilfield services giant Schlumberger (SLB.N) has been held up by U.S. sanctions on Russia, Russian Deputy PM Arkady Dvorkovich was quoted as saying by local news services.
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2017, July, 24, 13:35:00
SCHLUMBERGER & EURASIA: 51%
"I warmly welcome Schlumberger as our majority shareholder. It builds on our strategic alliance with Schlumberger since 2011 and our mutually beneficial business relationship since 2007. The combination of the technology knowhow and operational expertise of Schlumberger coupled to the financial strength of the Investment Funds, brings significant benefits to our customers and the Russian conventional land drilling market."
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2017, July, 22, 00:15:00
SCHLUMBERGER NET LOSS $74 MLN
Schlumberger Announces Second-Quarter 2017 Results
- Revenue of $7.5 billion increased 8% sequentially
- Pretax operating income of $950 million increased 25% sequentially
- GAAP loss per share, including charges of $0.40 per share, was $0.050
- EPS, excluding charges, was $0.35
- Quarterly cash dividend of $0.50 per share was approved
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2017, April, 22, 12:05:00
SCHLUMBERGER NET INCOME $279 MLN
Schlumberger Announces First-Quarter 2017 Results:
- Revenue of $6.9 billion decreased 3% sequentially
- GAAP EPS, including Cameron integration charges of $0.05 per share, was $0.20
- EPS, excluding Cameron integration charges, was $0.25
- Cash flow from operations was $656 million
- Quarterly cash dividend of $0.50 per share was approved
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2017, January, 23, 18:35:00
SCHLUMBERGER NET LOSS $1.7 BLN
Full-year 2016 revenue of $27.8 billion decreased 22% year-on-year, despite three quarters of activity from the Cameron Group that contributed $4.2 billion in revenue. Excluding Cameron, consolidated revenue declined 34%.
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2016, October, 31, 18:40:00
GE & BAKER HUGHES: $32 BLN
- Combination creates an unparalleled company positioned to deliver value for customers and investors
- GE to own 62.5% and Baker Hughes shareholders to own 37.5% of the “New” Baker Hughes
- GE to contribute $7.4 billion to fund the $17.50 per share special dividend to existing Baker Hughes shareholders
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2016, October, 21, 18:30:00
SCHLUMBERGER NET INCOME DOWN 64%
"With the unparalleled cost and cash discipline we have established, we are confident in our capability to deliver incremental margins north of 65% and a free cash conversion rate above 75%. Going forward, this will give us significant flexibility to both re-invest in our business and steadily return cash to our shareholders. This capability, together with our unmatched scale and our unique ability to drive change throughout our company, clearly sets us apart from other industry players."
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2016, September, 22, 18:30:00
SCHLUMBERGER WON IN VENEZUELA
Schlumberger will drill 80 wells in an extra-heavy oil field in the Orinoco Belt, said company spokesman Joao Felix. Terms of the deal, which are still being negotiated, will ensure payment from the government.