Schlumberger Ltd. (SLB) Shares Rise on 'Excellent' Second Quarter Performance

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Schlumberger Announces Second-Quarter 2022 Results and Raises Full-Year Outlook

July 22, 2022 6:50 AM EDT

Revenue of $6.8 billion increased 14% sequentially and 20% year on year GAAP EPS of $0.67 increased 86% sequentially and 123% year on year EPS, excluding charges and credits, of $0.50 increased 47% sequentially and 67% year on year Cash flow from operations was $408 million Board approved quarterly cash dividend of $0.175 per share Full-year revenue outlook revised upward to at least $27 billion

PARIS--(BUSINESS WIRE)-- Regulatory News:

Schlumberger Limited (NYSE: SLB) today announced results for the second-quarter 2022.

Second-Quarter Results (Stated in millions, except... More

Schlumberger Announces Second-Quarter 2022 Results and Raises Full-Year Outlook

July 22, 2022 6:50 AM EDT

Revenue of $6.8 billion increased 14% sequentially and 20% year on year GAAP EPS of $0.67 increased 86% sequentially and 123% year on year EPS, excluding charges and credits, of $0.50 increased 47% sequentially and 67% year on year Cash flow from operations was $408 million Board approved quarterly cash dividend of $0.175 per share Full-year revenue outlook revised upward to at least $27 billion

PARIS--(BUSINESS WIRE)-- Schlumberger Limited (NYSE: SLB) today announced results for the second-quarter 2022.

Second-Quarter Results (Stated in millions, except per share... More