2024-01-19 06:52:07 ET
- Schlumberger press release ( NYSE: SLB ): Q4 Non-GAAP EPS of $0.86 beats by $0.03 .
- Revenue of $8.99B (+13.8% Y/Y) beats by $50M .
- “As global energy demand continues to increase, international production is expected to play a key role in meeting supply through the end of the decade. Notably, we anticipate record investment levels in the Middle East extending beyond 2025, with significant expansion in Saudi Arabia, the United Arab Emirates, Iraq, and Kuwait. Offshore remains another distinct attribute of this durable growth cycle, serving as an important source for production growth and capacity additions, and we expect strong activity to continue in Brazil, West Africa, the Eastern Mediterranean, the Middle East, and Southeast Asia."
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Schlumberger Non-GAAP EPS of $0.86 beats by $0.03, revenue of $8.99B beats by $50M