Advanced search

Schlumberger reports full-year financial results for 2011

20 January 2012

Oilfield services company Schlumberger today reported full-year 2011 revenue of $39.54bn (£25.6bn), up from $27.45bn in 2010.

Full-year 2011 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $4.9bn, representing diluted earnings-per-share of $3.66 compared with $2.86 in 2010.

Fourth-quarter 2011 revenue was $10.97bn, a slight increase from $10.23bn in the third quarter of 2011 and $9.07bn in the fourth quarter of 2010.

Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.49bn — an increase of 13 per cent sequentially and 28 per cent year on year.

Have your say

Mandatory
Mandatory
Mandatory
Mandatory

My saved stories (Empty)

You have no saved stories

Save this article

Most popular

Most commented

Most emailed

Current Issue

The Engineer 14 May 2012

Poll

Local authorities in Cumbria and Kent are discussing the possibility of deep-level nuclear waste repositories, where waste will be sealed into underground vaults for thousands of years. What are your feelings about this method of disposing of high- and intermediate-level nuclear waste?

Previous Poll

Will the government's proposed large infrastructure projects be sufficient to lift Britain out of a second recession?

Click here to see the results and comment.