Schlumberger Ltd. (SLB) Declares $0.50 Quarterly Dividend; 3% Yield

Schlumberger Announces Second-Quarter 2017 Results

July 21, 2017 7:00 AM EDT

Revenue of $7.5 billion increased 8% sequentially Pretax operating income of $950 million increased 25% sequentially GAAP loss per share, including charges of $0.40 per share, was $0.05 EPS, excluding charges, was $0.35 Quarterly cash dividend of $0.50 per share was approved

PARIS--(BUSINESS WIRE)-- Schlumberger Limited (NYSE: SLB) today reported results for the second quarter of 2017.

      (Stated in millions, except per share amounts) Three Months Ended     Change Jun. 30, 2017     Mar. 31, 2017     Jun. 30, 2016 Sequential     Year-on-year Revenue $7,462 $6,894 $7,164 8 % 4 % Pretax operating income $950 $757 $747 25... More