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Schlumberger Limited: Schlumberger Announces First-Quarter 2021 Results


Schlumberger Limited: Schlumberger Announces First-Quarter 2021 Results
International revenue was $4.2 billion and North America revenue was $972 million
EPS was $0.21
Board approved quarterly cash dividend of $0.125 per share
Regulatory News:
First-Quarter Results
Three Months Ended
$386
$299
$0.21
$299
$0.21
-30%
During the fourth quarter of 2020, Schlumberger divested of certain businesses in North America. These businesses generated revenue of $285 million during the fourth quarter of 2020 and $659 million during the first quarter of 2020.
Excluding the impact of these divestitures, worldwide first-quarter 2021 revenue was essentially flat sequentially and declined 23% year-on-year. North America first-quarter 2021 revenue, excluding the impact of these divestitures, increased 10% sequentially and declined 36% year-on-year.
These are non-GAAP financial measures. See sections titled Charges Credits , Divisi ....

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Schlumberger Limited: Schlumberger Announces Fourth-Quarter and Full-Year 2020 Results


Schlumberger Limited: Schlumberger Announces Fourth-Quarter and Full-Year 2020 Results
Fourth-quarter GAAP EPS, including charges and credits, was $0.27
Fourth-quarter EPS, excluding charges and credits, of $0.22 increased 37% sequentially
Fourth-quarter cash flow from operations was $878 million and free cash flow was $554 million
Quarterly cash dividend of $0.125 per share approved
Schlumberger Limited (NYSE: SLB) today reported results for the fourth-quarter and full-year 2020.
Fourth-Quarter Results
Three Months Ended
$471
$374
$0.27
$309
$0.22
-33%
These are non-GAAP financial measures. See sections titled Charges Credits , Divisions , Geographical , and Supplemental Information for details.
n/m not meaningful
Schlumberger CEO Olivier Le Peuch commented, We concluded the year posting very strong fourth-quarter results, as we leveraged the industry recovery, which has now commenced. Fourth-quarter re ....

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