Energy infrastructure company Schlumberger Limited (NYSE: SLB) on Friday announced financial results for the third quarter of 2025, reporting a YoY decline in revenues
- September-quarter revenue decreased 3% from last year to $8.93 billion
- Net income attributable to the company fell 38% annually to $739 million in the third quarter of 2025
- On a per-share basis, net income was $0.50 in the third quarter, which is down 40% from the prior-year quarter
- Excluding charges and credits, earnings per share declined 22% year-over-year to $0.69 during the three months
- Adjusted EBITDA was $2.06 billion in Q3, down 12% year-on-year; Cash flow from operations was $1.68 billion
- In Q3, the company’s board of directors approved a quarterly cash dividend of $0.285 per share, payable on January 08, 2026
- During the quarter, the company signed an agreement to purchase Resman Energy Technology, a provider of wireless reservoir surveillance solutions