$SLB (Schlumberger Limited)

$SLB {{ '2015-10-15T17:52:08+0000' | timeago}} • Announcement

Global provider of oilfield services $SLB today declared a quarterly dividend of $0.50 per share of outstanding common stock, representing no change from the previous quarter. This dividend is payable on Jan. 8, 2016 to stockholders of record at the close of business on Dec. 2, 2015.

$SLB {{ '2018-01-19T19:26:25+0000' | timeago}} • Webcast

$SLB plans to tackle this year's activity growth without raising CapEx, as it has started  to benefit from increased asset utilization. With the counter-cyclical business development program being completed, Schlumberger will now shift focus to project execution. It has also been decided to maintain dividends at the current level for another year.

$SLB {{ '2018-01-19T19:15:55+0000' | timeago}} • Webcast

$SLB has initiated reactivation of equipment to tap the growth potential outside the US. The process will result in an increase in short-term costs, which the company expects to absorb in 1Q18. Schlumberger expects the decline in EPS in 1Q18 to be 2-3% more than the normal seasonal dip, due to the large size of its business in Russia and North Sea.

$SLB {{ '2018-01-19T18:34:33+0000' | timeago}} • Webcast

$SLB said a reduction in tax rate, pursuant to the tax reform, will offset the effect of an estimated 2-3% rise in its effective tax rate this year, due to higher profitability in N. America. The company attributed the $3Bil pre-tax charge incurred in 4Q17 to its exit from the seismic acquisition business and write-down of investments in Venezuela.

$SLB {{ '2018-01-19T15:58:24+0000' | timeago}} • Announcement

$SLB’s 4Q17 revenue growth was driven mainly by a 40% upturn in the Production Group. The Cameron Group registered a 5% growth to $1.41Bil, and Drilling Group revenues advanced 8% to $2.2Bil. Meanwhile, Reservoir and Characterization Group saw revenues falling 2% to $1.64Bil. Region-wise, North America continued to top the list with a 59% growth.

$SLB {{ '2018-01-19T15:47:31+0000' | timeago}} • Announcement

Oilfield technology firm $SLB incurred a huge charge in 4Q17 related to restructuring of its operations in crisis-stricken Venezuela, resulting in a sharply wider loss. Excluding the charge, Schlumberger posted a 78% growth in earnings to $0.48 per share, which exceeded expectations. The upturn was supported by a 15% rise in revenues to $8.2Bil.

$SLB {{ '2018-01-19T13:33:35+0000' | timeago}} • Infographic

$SLB Schlumberger Limited Earnings AlphaGraphic: Q4 2017 Highlights

$SLB {{ '2017-10-20T18:47:03+0000' | timeago}} • Webcast

$SLB expects its fourth quarter earnings and margin performance to be in line with the levels seen in 3Q17. The expansion of North American activities is seen slowing down next quarter due to multiple reasons including seasonal factors. Going forward, the company will be deploying internally built rigs as part of augmenting its hardware portfolio.

$SLB {{ '2017-10-20T17:50:21+0000' | timeago}} • Webcast

$SLB said the impact on incremental margins from transition-related costs and inefficiencies associated with its North America activities will abate in the coming quarters. In early 2018, Schlumberger intends to start new offshore projects in West Africa, where project planning and tendering reached a two-year high in 3Q17.

$SLB {{ '2017-10-20T17:27:37+0000' | timeago}} • Webcast

After reporting strong third quarter results, $SLB said its debt eased by $12.2Bil. While staying on track to achieve the cash flow generation target, the company expects Capex to be $2.1Bil in 2017. The third quarter revenue growth was led by the production group, with hydraulic fracturing activity in North America being the main contributor.

$SLB {{ '2017-10-20T13:14:34+0000' | timeago}} • Infographic

$SLB Schlumberger Limited Earnings AlphaGraphic: Q3 2017 Highlights

$SLB {{ '2017-10-20T11:50:39+0000' | timeago}} • Announcement

Highlighting the stability of the region's oil market, $SLB’s North American revenues surged 53% to $2.6Bil in 3Q17, indicating that operations were unaffected by the hurricanes. Meanwhile revenues from Latin America dropped 4%. Revenues from Europe, CIS and Africa were down 2% compared to last year. Middle East & Asia registered 1% lower revenues.

$SLB {{ '2017-10-20T11:32:52+0000' | timeago}} • Announcement

$SLB, the world’s largest oilfield technology firm, reported strong revenue growth in 3Q17 as it expanded market share in key regions in North America. Meanwhile, activity remained flat in other markets. Supported by the 13% annual revenue growth, profit surged to $545MM or $0.39 per share. Adjusted earnings rose to $0.42, in line with estimates.

$MSFT {{ '2017-09-13T17:34:29+0000' | timeago}} • Announcement

$MSFT helps $SLB in digitizing their oil and gas drilling business. Schlumberger introduced the DrillPlan, its digital well construction planning solution, which will use Microsoft Azure and the Azure Stack hybrid cloud solution. Microsoft is currently working with Schlumberger on several other apps.

$SLB {{ '2017-08-24T14:26:53+0000' | timeago}} • Announcement

$SLB's subsidiary WesternGeco completed a acquisition survey using the newly deployed multipurpose vessel. The seismic survey was acquired offshore Sarawak, Malaysia, for Roc Oil.

$SLB {{ '2017-08-22T12:45:27+0000' | timeago}} • Announcement

Oil and gas technology firm $SLB has acquired Petro-SPM Integrated Services from Petrofac. After buying the remaining stake in Petro-SPM, Schlumberger now owns 100% of that company. The transaction was completed on August 15, 2017.

$SLB {{ '2017-07-21T15:34:50+0000' | timeago}} • Infographic

$SLB Schlumberger Limited Earnings AlphaGraphics: Q2 2017 highlights

$SLB {{ '2017-07-21T14:48:04+0000' | timeago}} • Webcast

$SLB said it is on track to double its operating revenues in the next two years. In the next 12 months, the company plans investments worth $390MM in Argentina and $700MM in Nigeria. There are also plans to engage partners, through venture funds, for executing various projects, rather than depending solely on cash deals.

$SLB {{ '2017-07-21T14:12:45+0000' | timeago}} • Webcast

Oilfield services provider $SLB expects to record capital expenditure of about $2.2Bil in fiscal 2017. Schlumberger forecasts its US land activity will remain strong throughout the second half of the year. The cyclical nature of the oilfield services industry continues to be the biggest risk being faced by the company.

$SLB {{ '2017-07-21T12:06:35+0000' | timeago}} • Announcement

$SLB repurchased 5.5MM shares of its common stock in 2Q17, at an average price of $72.34 per share. The total purchase price is $398 MM. Schlumberger agreed to acquire a majority equity interest in Eurasia Drilling Company during the quarter. The company also approved a quarterly cash dividend of $0.50 per share on its common stock.

$SLB {{ '2017-07-21T12:04:19+0000' | timeago}} • Announcement

The drilling division of $SLB witnessed a 4% annual increase in revenues in 2Q17. Revenues of the production and reservoir characterization segments advanced 18% and 11% respectively, compared to last year. Meanwhile, the Cameron group’s revenues fell 17%.

Recent Transcripts

SLB (Schlumberger Limited)
Friday, January 19 2018 - 1:30pm
REI (Ring Energy, Inc.)
Thursday, November 9 2017 - 5:00pm
SEMG (SemGroup Corporation)
Thursday, November 9 2017 - 4:00pm
KEG (Key Energy Services Inc.)
Thursday, November 9 2017 - 4:00pm
EPM (Evolution Petroleum Corp.)
Thursday, November 9 2017 - 4:00pm
TTI (TETRA Technologies, Inc.)
Thursday, November 9 2017 - 3:30pm
WG (Willbros Group Inc.)
Thursday, November 9 2017 - 3:00pm
Thursday, November 9 2017 - 1:30pm
MCF (Contango Oil & Gas Company)
Wednesday, November 8 2017 - 3:30pm
ESTE (Earthstone Energy, Inc.)
Monday, November 6 2017 - 4:00pm
GTE (Gran Tierra Energy, Inc.)
Friday, November 3 2017 - 3:00pm
NGS (Natural Gas Services Group Inc.)
Thursday, November 2 2017 - 2:00pm
IO (ION Geophysical Corporation)
Thursday, November 2 2017 - 2:00pm
WPX (WPX Energy, Inc.)
Thursday, November 2 2017 - 2:00pm
NOA (North American Energy Partners Inc.)
Wednesday, November 1 2017 - 1:00pm
NR (Newpark Resources Inc.)
Tuesday, October 31 2017 - 2:00pm
NOV (National Oilwell Varco, Inc.)
Friday, October 27 2017 - 3:00pm
OIS (Oil States International Inc.)
Friday, October 27 2017 - 2:30pm
INT (World Fuel Services Corp.)
Thursday, October 26 2017 - 9:00pm
LLL (L-3 Communications Holdings Inc.)
Thursday, October 26 2017 - 3:00pm

AlphaGraphics you may like