Tuesday, July 26, 2016

Schlumberger Announces Second-Quarter 2016 Results

LONDON - Monday, July 25th 2016 [ME NewsWire]

    Revenue of $7.2 billion increased 10% sequentially
        Acquisition of Cameron contributed revenue of $1.5 billion
    GAAP loss per share of $1.56
    Excluding charges and credits, EPS of $0.23
    Asset impairment, workforce reduction, and merger and integration charges totaled $1.79 per share
    Cash flow from operations of $1.6 billion
    Free cash flow of $0.9 billion
    Cash Flow:
    Quarterly cash dividend of $0.50 per share approved

(BUSINESS WIRE)-- Schlumberger Limited (NYSE:SLB) today reported results for the second quarter of 2016.

To view the full press release including the tables, please click here.

View this news release online at:


Schlumberger Limited

Simon Farrant – Schlumberger Limited, Vice President of Investor Relations

Joy V. Domingo – Schlumberger Limited, Manager of Investor Relations

Office +1 (713) 375-3535


Permalink: http://www.me-newswire.net/news/18385/en

No comments:

Post a Comment