Schlumberger's International Revenue Rebounds as U.S. Oil Drilling Slows

Schlumberger's International Revenue Rebounds as U.S. Oil Drilling Slows

Assessment

Interactive Video

Business

University

Hard

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The video discusses the performance of North America and international markets, highlighting better-than-expected drilling activity in North America despite weak pressure pumping. International markets, led by Europe and Central Asia, showed positive results, while Latin America faced challenges. The company beat earnings expectations despite a significant impairment charge due to past acquisitions. Concerns about dividend sustainability are addressed with a positive outlook on free cash flow.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the operating environment?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised regarding the dividend?

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