Schlumberger Limited Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 22, 2021 at 07:57 am EST
Schlumberger Limited announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was USD 5,532 million compared to USD 8,228 million a year ago. Net income was USD 374 million compared to USD 333 million a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to USD 0.24 a year ago. For the full year, sales was USD 23,601 million compared to USD 32,917 million a year ago. Net loss was USD 10,518 million compared to USD 10,137 million a year ago. Diluted loss per share from continuing operations was USD 7.57 compared to USD 7.32 a year ago.