Categories AlphaGraphs, Earnings, Energy

Infographic: Schlumberger (SLB) Q1 2020 Earnings Results

Schlumberger Limited (NYSE: SLB) provided its earnings results for the quarter ended March 31, 2020 today.

Schlumberger slipped to a loss in the first quarter of 2020 from a profit last year due to a charge related to the impairment of goodwill, intangible assets, and other long-lived assets. This charge was driven by the significant decline in market valuations during March 2020.

Schlumberger (SLB) Q1 2020 earnings review

The top-line dropped by 5% as the unprecedented global health and economic crisis sparked by the COVID-19 pandemic increasingly impacted industry activity during the quarter. The customer spending and drilling activity in North America declined as oil prices slipped early in the quarter before falling abruptly in March.

Past Performance

Most Popular

Earnings calendar for the week of January 18

While the markets got a boost a couple of weeks ago after Congress passed the new stimulus bill, investors seem to have adopted a cautious stance as details of the

DAL Earnings: All you need to know about Delta Air Lines Q4 2020 earnings results

Delta Air Lines (NYSE: DAL) reported fourth quarter 2020 earnings results today. Operating revenues fell 65% year-over-year to $4 billion. The company reported a GAAP net loss of $755 million,

Aphria Inc. (APHA) reports Q2 2021 Earnings

Aphria Inc. (NYSE: APHA) reported second-quarter 2021 earnings results on Thursday. Revenues were C$160.5 million, an increase of 33% compared to the previous year. On an adjusted basis, the company reported earnings

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top