Energy

Schlumberger (NYSE:SLB) Q2 Adjusted Earnings, Revenue Rise

Schlumberger (NYSE:SLB) reported Q2 adjusted earnings  of $0.72 per diluted share, up from $0.50 a year earlier. Analysts polled by Capital IQ expected $0.71 per share. Revenue for the quarter ended June 30 was $8.10 billion, up from $6.77 billion a year earlier. Analysts surveyed by Capital IQ expected $8.21 billion. Schlumberger said its board maintained its quarterly dividend of $0.25 per share, payable on Oct. 12 to shareholders as of Sept. 6.

Schlumberger (NYSE:SLB) Q2 Adjusted Earnings, Revenue Rise Read Post »

Chevron (NYSE:CVX) Reported 2Q23 Adjusted EPS $3.08 Vs. $2.99 Estimate

Chevron (NYSE:CVX) Reported 2Q23 Earnings Of $6.01B, And Adjusted Earnings Of $5.78B; Adjusted EPS $3.08 Vs. $2.99 Estimate. Adjusted profit of $3.08 a share beat the consensus of $2.97 a share as tracked by FactSet. That is down about 47% from the second quarter last year and down from profit of $3.55 a share in the first quarter of 2023. Quarterly shareholder distributions of $7.2 billion also set a record, Chevron said, including $4.4 billion in share buybacks and $2.8 billion in dividends.

Chevron (NYSE:CVX) Reported 2Q23 Adjusted EPS $3.08 Vs. $2.99 Estimate Read Post »

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