Energy infrastructure company Schlumberger Limited (NYSE: SLB) on Friday announced financial results for the fourth quarter of 2023, reporting higher revenues and earnings.
- Fourth-quarter revenue increased 14% year-over-year to $8.99 billion, and rose 8% sequentially
- Adjusted earnings, excluding charges and credits, came in at $0.86 per share, up 21% YoY
- On an unadjusted basis, earnings per share moved up 4% annually to $0.77 during the three months
- The company ended the quarter with cash flow from operations of $3.02 billion and free cash flow of $2.28 billion
- The board of directors approved a 10% increase in quarterly cash dividend to $0.275 per share
- During the quarter, the company repurchased 1.8 million shares at an average price of $54.46 per share
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Infographic: How Lennar (LEN) performed in Q4 2025
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the fourth quarter of 2025, compared to $9.9 billion reported in the same period a year ago. Net earnings
Paychex expected to report higher revenue and earnings for Q2 FY26
Paychex, Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is undergoing an AI-driven transformation that enhances both its internal operations and client-facing services. Entering fiscal 2026, the
Signet Jewelers (SIG): A look at the progress made on Grow Brand Love
Shares of Signet Jewelers Limited (NYSE: SIG) fell over 3% on Tuesday. The stock has gained 3% year-to-date. The jewelry retailer delivered strong results for the third quarter of 2026,
