Market Overview

Schlumberger Offers Q4 Operational Update: Sees Impact of $0.05-0.07/Share Related to Delays

Related SLB
Schlumberger Limited Giving The Bears Something On Which They Can Feast In The Short Run
U.S. Puts 400,000 GoM Acres of Offshore Energy Under Hammer
Will Sanctions Against Russia Hurt Energy Firms? (Fox Business)

Schlumberger Limited (NYSE: SLB) provided the following fourth-quarter operational update today:

* The Europe/CIS/Africa Area is experiencing continued contractual delays combined with higher than usual seasonal slowdowns in activity * North America activity is weaker than anticipated on land in the US and Western Canada.

The combined earnings per share impact of the above is estimated to be in the range of $0.05 to $0.07 per share.

Schlumberger will discuss final results of the fourth quarter in detail during its previously announced fourth quarter earnings conference call on January 18, 2013, beginning at 9:00 am (US Eastern Time), 3:00 pm (Paris time).

Posted-In: News Guidance

 

Related Articles (SLB)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters

Benzinga Professional