Lates News

Schlumberger's first-quarter revenue was $8.72 billion, estimated at $8.66 billion. Adjusted earnings per share for the first quarter were 52 cents, in line with estimates of 52 cents. First-quarter adjusted EBITDA was $1.77 billion, lower than the estimated $1.83 billion. Capital expenditures for the first quarter were $343 million, lower than the estimated $467.4 million. Schlumberger still expects total annual capital investment to be around $2.5 billion. Schlumberger's US stocks fell nearly 3% in pre-market trading.