SLB reports lower 1Q:25 revenues, eyes returning 50% of FCF to shareholders

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 25.Apr.2025) — SLB reported revenue of $8.49bn in the first-quarter 2025 (1Q:25) and net income attributable to the company of $797mn. Year-over-year, the results were down 3% and 25%, respectively. “First-quarter adjusted EBITDA margin was slightly up year on year despite softer revenue as we continued […]

SLB Reports Strong 3Q:23 Results [PDF Downloads]

(SLB, 20.Oct.2023) — SLB (NYSE: SLB) announced results for the third-quarter 2023 and SLB CEO Olivier Le Peuch commented: “Our third-quarter results continue to reflect strong year-to-date performance with revenue and adjusted EBITDA growth of 19% and 28%, respectively. These results, which reinforce our full-year financial ambitions, were driven by sustained growth […]

Schlumberger Completes Sale Of Bandurria Sur

(Schlumberger, 31.Jan.2020) — Schlumberger announced today that it has completed the sale of its 49% interest in the Bandurria Sur Block in NeuquĂ©n, Argentina to Shell Argentina S.A. and Equinor. YPF will continue as operator of the block. This divestment covers all of Schlumberger’s interest in the Bandurria Sur shale […]