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Schlumberger Limited: Schlumberger Announces First-Quarter 2021 Results


Schlumberger Limited: Schlumberger Announces First-Quarter 2021 Results
International revenue was $4.2 billion and North America revenue was $972 million
EPS was $0.21
Board approved quarterly cash dividend of $0.125 per share
Regulatory News:
First-Quarter Results
Three Months Ended
$386
$299
$0.21
$299
$0.21
-30%
During the fourth quarter of 2020, Schlumberger divested of certain businesses in North America. These businesses generated revenue of $285 million during the fourth quarter of 2020 and $659 million during the first quarter of 2020.
Excluding the impact of these divestitures, worldwide first-quarter 2021 revenue was essentially flat sequentially and declined 23% year-on-year. North America first-quarter 2021 revenue, excluding the impact of these divestitures, increased 10% sequentially and declined 36% year-on-year.
These are non-GAAP financial measures. See sections titled Charges Credits , Divisi ....

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BrandAMP: Whitepaper – Carbon Capture, Utilization and Storage – Lynchpin for the Energy Transition


BrandAMP: Whitepaper – Carbon Capture, Utilization and Storage – Lynchpin for the Energy Transition
20 hours ago
A recent whitepaper authored by Charles McConnell with the Center for Carbon Management in Energy at the University of Houston, in collaboration with the Gutierrez Energy Management Institute, focused on the new technologies required for an energy transition, none more critical than the broad commercial deployment of carbon capture, utilization and storage, or CCUS. The ability to decarbonize the existing energy value chains in the oil and gas, petrochemical and electric power industries is essential both to immediately impact emissions and to create a commercially sound pathway to a sustainable energy future. ....

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