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Revenues were $5,047 million this quarter, down 1.8% from the same quarter a year ago and up 4.4% quarter over quarter. "The demand outlook for the next 12 to 18 months is deteriorating as inflation erodes consumer purchasing power," said CEO Lorenzo Simonelli. I recommend buying ...
Project will help extend field life while reducing CO 2 emissions Schlumberger announced today an award to OneSubsea ® and its alliance partner, Subsea 7, by Kosmos Energy Gulf of Mexico Operations, LLC, for an engineering, procurement, construction and installa...
Midstream equities ended higher after a volatile week. Energy sector earnings are coming in strong; expect more of the same over the next few weeks. Liquids pipeline equities lagged during the week but remain significantly undervalued. Midstream Sector Performance ...
Halliburton’s financial performance continues to improve rapidly as utilization and pricing increases. Deteriorating macroeconomic conditions are dragging energy stocks down, and Halliburton is a casualty of this. Even if a recession does occur, recent underinvestment may p...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Well, it’s been a rather incredible year for energy stocks. That’s perhaps putting it lightly. Indeed, through the end of May, the energy sector was the only S&P 500 sector claiming significant ga...
Schlumberger ( NYSE: SLB ) surged 4.3% on Friday after raising its full-year revenue guidance following a strong Q2 in which " growth was very broad across all dimensions ." The oilfield services firm said it now sees sales of "at least" $27B this year after rising 2...
Image source: The Motley Fool. Schlumberger (NYSE: SLB) Q2 2022 Earnings Call Jul 22, 2022 , 9:30 a.m. ET Operator Continue reading For further details see: Schlumberger (SLB) Q2 2022 Earnings Call Transcript
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Schlumberger (NYSE: SLB ) are up about 4.5% on the day after the company reported earnings. Clearly the rise in energy prices has been a boon for energy companies, as SLB stock is up 17% year-to-date. Even...
Schlumberger Limited (SLB) Q2 2022 Earnings Conference Call July 22, 2022 09:30 ET Company Participants Nd Maduemezia - Vice President, Investor Relations Olivier Le Peuch - Chief Executive Officer Stephane Biguet - Chief Financial Officer Conference Call P...
Schlumberger ( NYSE: SLB ) +2.6% pre-market on Friday after reporting better than expected Q2 earnings and revenues while also raising full-year guidance. Q2 net income jumped to $959M, or $0.67/share, from $510M, or $0.36/share, in the year-earlier quarter, while re...
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Regulatory News: SLB (NYSE: SLB) today announced that it will proceed with a voluntary delisting of its shares (ISIN: AN8068571086) from Euronext Paris. Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, give...
Long-term partnership will digitally transform Aker BP’s subsurface workflows to lower costs, shorten planning cycles and increase production more sustainably Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/n...