Schlumberger Ltd. (SLB) Lowers Quarterly Dividend 75% to $0.125; 3.4% Yield

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Go back to Schlumberger Ltd. (SLB) Lowers Quarterly Dividend 75% to $0.125; 3.4% Yield

Schlumberger Announces First-Quarter 2020 Results

April 17, 2020 6:50 AM EDT

Worldwide revenue of $7.5 billion decreased 9% sequentially and 5% year-on-year International revenue of $5.1 billion decreased 10% sequentially, but increased 2% year-on-year North America revenue of $2.3 billion decreased 7% sequentially and 17% year-on-year GAAP loss per share, including charges of $5.57 per share, was $5.32 EPS, excluding charges, was $0.25 Cash flow from operations was $784 million and free cash flow was $179 million Board approved quarterly cash dividend of $0.125 per share

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