Schlumberger N V
- Schlumberger NV decreased 5.2% to $49.33 after the offshore oil field contractor said revenue increased 30% to $7.7 billion.
Net income in the quarter soared 83% to $934 million from $510 million and diluted earnings per share rose to 65 cents from 36 cents a year ago.
The oilfield services provider guided full-year 2023 capital expenditure between $2.5 billion and $2.6 billion, higher than $2.3 billion in 2022.
During the quarter the company repurchased 4.4 million of its shares at an average price of $52.65 a share totaling $230 million.
The company's board approved a quarterly cash dividend of $0.25 per share of outstanding common stock, payable on July 13 to stockholders of record on June 7.
Apr 21, 2023
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