Schlumberger Ltd.

Schlumberger Ltd. today reported results for the third quarter of 2019. Three Months Ended Change Sept. 30, 2019 Jun. 30, 2019 Sept. 30, 2018 Sequential Year-on-year Revenue $8,541 $8,269 $8,504 3% 0% Income before taxes - GAAP basis $ $593 $787 n/m n/m Pretax segment operating income* $1,096 $968 $1,152 13% -5% Pretax segment operating margin* 12.8% 11.7% 13.5% 113 bps -71 bps Net income - GAAP basis $ $492 $644 n/m n/m [...]

Schlumberger is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. With product sales and services in more than 120 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry’s most comprehensive range of products and services, from exploration through [...]

Rockwell Automation and Schlumberger today announced the closing of their previously-announced joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191002005057/en/ Sensia will make oil and gas production, transportation and processing simpler [...]

Schlumberger Ltd. today announced the expiration of the previously announced cash tender offer by Schlumberger Holdings Corporation, an indirect wholly-owned subsidiary of Schlumberger , for any and all of its outstanding 3.000% Senior Notes due 2020 and 3.625% Senior Notes due 2022 , on the terms and subject to the conditions set forth in the Offer to Purchase, dated September 18, 2019 and the related Notice of [...]

Schlumberger Ltd. today announced that Schlumberger Holdings Corporation, an indirect wholly-owned subsidiary of Schlumberger , has priced the previously announced cash tender offer for any and all of its outstanding 3.000% Senior Notes due 2020 and 3.625% Senior Notes due 2022 , on the terms and subject to the conditions set forth in the Offer to Purchase, dated September 18, 2019 and the related Notice of Guaranteed [...]

Schlumberger is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. With product sales and services in more than 120 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry’s most comprehensive range of products and services, from exploration through [...]

Schlumberger Ltd. today announced that Schlumberger Holdings Corporation, an indirect wholly-owned subsidiary of Schlumberger , has commenced a cash tender offer for any and all of its outstanding 3.000% Senior Notes due 2020 and 3.625% Senior Notes due 2022 , on the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof and the related Notice of Guaranteed Delivery attached to the [...]

Schlumberger Ltd. will hold a conference call on October 18, 2019 to discuss the results for the third quarter ending September 30, 2019. The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 288-8967 within North America or +1 [...]

Schlumberger Ltd. today reported results for the second quarter of 2019. Three Months Ended Change Jun. 30, 2019 Mar. 31, 2019 Jun. 30, 2018 Sequential Year-on-year Revenue $8,269 $7,879 $8,303 5% 0% Pretax segment operating income $968 $908 $1,094 7% -12% Pretax segment operating margin 11.7% 11.5% 13.2% 17 bps -148 bps Net income - GAAP basis $492 $421 $430 17% 14% Net income, excluding charges & credits* $492 $421 $594 [...]

Schlumberger Ltd. announced today that its Board of Directors has appointed Olivier Le Peuch as its Chief Executive Officer and member of the Schlumberger Board, effective August 1, 2019. Mr. Le Peuch succeeds Paal Kibsgaard, who will retire as Chief Executive Officer effective that same date. Also effective August 1, Mr. Kibsgaard will step down as Chairman of the Board and retire as a member of the Board of Directors [...]