With product sales and services in more than 120 countries and employing approximately 105,000 people who represent over 140 nationalities, Schlumberger supplies the industry’s most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance. Don't have an account? Marathon remains in the black, but like other companies in the exploration and production sector, more than a year of crude oil prices in the $50 range is taking its toll on profit and drilling activity. In the Permian Basin, Occidental and Schlumberger have worked together to establish a differentiated unconventional asset development program. During September, Schlumberger repurchased $783 million of its outstanding 3.000% Notes due 2020 and $321 million of its outstanding 3.625% Notes 2022. “Interest and other income” for the third quarter of 2019 was $21 million. Aegis cladding enabled a bit design using taller blades and optimal nozzle placement, resulting in an ROP increase of 36% compared with direct offset runs of matrix PDC bits. WesternGeco continues to integrate digital workflows and processes into its asset-light model through the GAIA* digital subsurface platform. Shipping Information. “As we move forward, our vision is to define and drive high performance. Our year-to-date high single-digit international revenue growth continues to be underpinned by international investment levels. The following table shows the change in the number of shares outstanding from June 30, 2019 to September 30, 2019. Furthermore, we added industry-leading analytics and virtualization technologies from TIBCO Software Inc. and commercialized four new E&P applications. The conference call will be webcast simultaneously at www.slb.com/irwebcast on a listen-only basis. OneSubsea and Drilling Systems orders and backlogs were as follows: 13) What are the components of the $12.7 billion pretax charge included in Impairments & other in the Consolidated Statement of Income (Loss)? 6) What was the effective tax rate (ETR) for the third quarter of 2019? Dazu gehört der Widerspruch gegen die Verarbeitung Ihrer Daten durch Partner für deren berechtigte Interessen. The most recent addition includes the IHS Markit global E&P datasets. View Schlumberger stock / share price, financial statements, key ratios and more at Craft. Ask for the “Schlumberger Earnings Conference Call.” At the conclusion of the conference call, an audio replay will be available until November 19, 2019 by dialing +1 (800) 475-6701 within North America, or +1 (320) 365-3844 outside North America, and providing the access code 471224. Cameron pretax operating margin of 13% was essentially flat sequentially. Schlumberger recorded a $1.575 billion charge relating to its pressure pumping business in North America. This was driven by higher international revenue for Surface Systems, OneSubsea, and Drilling Systems. “There had been a great deal of debate about what the failure to do so would mean for income investors, who will now have a close eye on Royal Dutch Shell’s results later this week,” Lamont said. Valves & Process Systems revenue declined due to reduced activity in North America. The North America business saw strong offshore sales with minimal growth on land due to slowing activity and further pricing weakness. The weighted average number of shares outstanding was 1.385 billion during the third quarter of 2019 and 1.384 billion during the second quarter of 2019. To download this file you first sign in to your Schlumberger account. 8) What was the weighted average number of shares outstanding during the third quarter of 2019 and second quarter of 2019? ... 12/31/2019. As a result, OneStim fleets have broken both companies’ Permian records for stages per month four different times this year, with one fleet achieving 267 stages. The four new cloud-native applications—ExplorePlan, DrillOps, FDPlan, and ProdOps solutions—optimize workflows and enable collaboration, speeding delivery of actionable insights. The U.K.-based oil and gas company posted first-quarter underlying replacement cost profit, used as a proxy for net profit, of $800 million. The Muzic Aeon telemetry system overcame the temperature limitations associated with conventional wireless telemetry systems and delivered reliable downhole data at surface with minimal delay. Find out the revenue, expenses and profit or loss over the last fiscal year. There were 1.384 billion shares of common stock outstanding as of September 30, 2019. HOUSTON, Feb. 19, 2020 (GLOBE NEWSWIRE) — Hi-Crush Inc. (NYSE: HCR) (the “Company”), a fully-integrated provider of proppant logistics solutions, today reported fourth quarter and full year 2019 results. SRC Energy was able to increase the rate of penetration (ROP) by 20%, saving as much as 21 hours in a single well while targeting various zones in the unconventional Niobrara Shale Formation. Interest expense of $160 million increased $4 million sequentially. To access the call, which is open to the public, please contact the conference call operator at +1 (800) 288-8967 within North America, or +1 (612) 333-4911 outside North America, approximately 10 minutes prior to the call’s scheduled start time. There were no charges and credits in the second quarter of 2019. 2019 Annual Report and Form 10K. For the year, the company reported a $480 million profit, a 56 percent drop from the $1.1 billion profit in 2018; revenue of $5.2 billion was 21 percent off the $6.6 billion in 2018. Certain prior period items have been reclassified to conform to the current period presentation. Also, a fracturing fleet completed a two-well pad with an average 20.2 hours of pumping time per day, and a single-day maximum of 21.8 hours. The remaining $6 million is reflected in our “Corporate & other” line item. In connection with the preparation of its third quarter financial statements, Schlumberger recorded a $12.7 billion pretax charge primarily relating to the impairment of goodwill, intangible assets, and fixed assets. This was driven primarily by higher international activity for Completions in the Far East Asia & Australia, Russia & Central Asia, and Sub-Sahara Africa GeoMarkets. Simply put, we want to be the performance partner of choice for the benefit of our customers and our industry. Growth in China was primarily driven by increased drilling and exploration activity in addition to equipment sales; Australia benefited from higher offshore drilling activity and Software Integrated Solutions (SIS) sales on an enterprise-wide DELFI environment deployment; and India increased from higher Integrated Services Management (ISM) activity. “Last month, we presented four key elements of our new strategy: leading and driving digital transformation; developing fit-for-basin solutions; capturing value from the performance impact for our customers; and fostering capital stewardship. Rockwell Automation owns 53% of the joint venture and Schlumberger owns 47%. All values USD millions. 2) What were cash flow from operations and free cash flow for the third quarter of 2019? If one or more of these or other risks or uncertainties materialize (or the consequences of any such development changes), or should our underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. (To view PDF files, get Adobe Acrobat Reader.). Market uncertainty, however, is weighing on future oil demand outlook in a climate where trade concerns are seen as challenging global economic growth. These technologies are being successfully implemented across multiple basins in North America. North America revenue of $2.8 billion increased 2%, while international revenue of $5.6 billion increased 3%. All values USD millions. Reservoir Characterization pretax operating margin of 22% was 149 basis points (bps) higher sequentially due to the peak summer campaign for Wireline and stronger WesternGeco multiclient seismic license sales.

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