Categories AlphaGraphs, Consumer, Energy

SLB Earnings: Highlights of Schlumberger’s Q3 2022 results

Energy giant Schlumberger Limited (NYSE: SLB) on Friday reported higher earnings and revenues for the third quarter of 2022, with all four operating segments registering double-digit growth.

Schlumberger Q3 2022 earnings infographic

At $7.5 billion, total revenues were up 28% year-over-year. The core Well Construction and Production Systems segments grew 36% and 28% respectively.

The strong top-line growth translated into a 75% increase in adjusted earnings to $0.63 per share. Third-quarter unadjusted profit rose sharply to $907 million or $0.63 per share from $550 million or $0.39 per share in the comparable period of 2021. The management expects the full-year 2022 capital investment to be $2.2 billion.


Check this space to read management/analysts’ comments on Schlumberger’s Q3 2022 earnings


“Sequentially, we delivered another quarter of double-digit revenue growth and margin expansion, as the pace of growth in our international business stepped up significantly, complementing already robust levels of activity in North America,” said Schlumberger’s CEO Olivier Le Peuch.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

CAG Earnings: Conagra Brands Q4 adj. profit drops, misses estimates

Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported lower sales and adjusted earnings for the fourth quarter of 2025. Results missed analysts' estimates. Net sales

Delta Air Lines (DAL) Q2 2025 Earnings: Key financials and quarterly highlights

Delta Air Lines (NYSE: DAL) reported its second quarter 2025 earnings results today. Operating revenue remained flat versus the year-ago quarter at $16.64 billion. GAAP net income increased 63% year-over-year

Bank earnings preview: These banking leaders will report Q2 2025 results next week, what to expect

The earnings season is set to kick off next week with quarterly reports from a number of leading banks. JPMorgan Chase & Co. (NYSE: JPM), Citigroup (NYSE: C) and Wells

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