Schlumberger Ltd. (SLB) Tops Q3 EPS by 3c

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Schlumberger Announces Third-Quarter 2016 Results

October 20, 2016 4:15 PM EDT

Revenue of $7.0 billion decreased 2% sequentially Pretax operating income of $815 million increased 9% sequentially GAAP EPS was $0.13. Excluding Cameron merger and integration charges, EPS was $0.25 Cash flow from operations was $1.4 billion. Free cash flow was $699 million Quarterly cash dividend of $0.50 per share approved

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

    (Stated in millions, except per share amounts) Three Months Ended     Change Sept. 30, 2016     Jun. 30, 2016     Sept. 30, 2015 Sequential     Year-on-year Revenue $7,019 $7,164 $8,472 -2% -17%... More