SLB’s Perspective in Q3: KEY Takeaways
Digital sales has boosted SLB's performance with partnerships and collaborations. Margins in the Reservoir Performance and Well Construction segments contracted...
Digital sales has boosted SLB's performance with partnerships and collaborations. Margins in the Reservoir Performance and Well Construction segments contracted...
Q4 revenues to decline significantly. Activity can recover marginally in 2025. Revenue increased; EBITDA margin contracted, cash flows turned negative...
Expect revenue and profitability to decline in Q4. A moderate activity recovery expected in 2025. Cash flows turned negative in...
Plans to add two more frac spreads in the short term and deploy more electric assets in the future. Recorded...
Plans to temporarily reduce its deployed frac spreads. Frac pricing can decline due to soft year-end frac activity. LPI commenced...
A cautious approach for FY2025 as the energy price reflects uncertainty and operators exercise capex restraint. A 1.1x book-to-bill ratio...
Book-to-bill ratio decreased in Q3 from Q2. FTI is optimistic about the subsea market outlook. Cash flows strengthened in 9M...
Revenues and net incnome decreased in Q3 versus Q2. Pressure pumping business suffered severely. Its tier 4 dual fuel assets...
Expects completion activity to see a sequential slowdown in Q4. Identified 42 legacy non-Tier 1 rigs and equipment to be...
U.S. Drilling revenue decreased but International Drilling segment revenues increased in Q3. It drilled three wells in the Delaware Basin...
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