Sunday, January 21, 2024

SLB Announces Fourth-Quarter and Full-Year 2023 Results and Raises Quarterly Dividend by 10%

  

  • Fourth-quarter revenue of $8.99 billion increased 8% sequentially and 14% year on year
  • Fourth-quarter GAAP EPS of $0.77 decreased 1% sequentially and increased 4% year on year
  • Fourth-quarter EPS, excluding charges and credits, of $0.86 increased 10% sequentially and 21% year on year
  • Fourth-quarter cash flow from operations was $3.02 billion and free cash flow was $2.28 billion
  • Board approved a 10% increase in quarterly cash dividend to $0.275 per share
  • Full-year revenue of $33.14 billion increased 18% year on year
  • Full-year GAAP EPS of $2.91 increased 22% year on year
  • Full-year EPS, excluding charges and credits, of $2.98 increased 37% year on year
  • Full-year net income attributable to SLB of $4.20 billion increased 22% year on year
  • Full-year adjusted EBITDA of $8.11 billion increased 25% year on year
  • Full-year cash flow from operations was $6.64 billion and free cash flow was $4.04 billion

 

(BUSINESS WIRE) -- SLB (NYSE: SLB) today announced results for the fourth-quarter and full-year 2023.