Schlumberger NV


SKU: SLB-1 Category:


Schlumberger Limited: The ChampionX Acquisition, Asia Growth Opportunities


During Schlumberger’s (SLB) first quarter 2024 earnings, the company’s evenue grew by 13% YoY, and EBITDA grew in the mid-teens, in line with SLB’s full-year financial ambitions. International activity fuelled the growth, with revenue increases observed in 21 of the 25 international GeoUnits. North America, however, showed a decrease in activity, resulting in a 6% YoY fall in revenue. In terms of divisions, Well Construction, Reservoir Performance, and Production Systems all witnessed growth. Encouragingly, this was the 13th consecutive quarter of year-on-year adjusted EBITDA margin expansion. For the full year, the company continues to set its sights on high teen growth for its digital revenue.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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