SLB: nudges up dividend with Q4 results
(CercleFinance.com) - On the publication of its Q4 results, SLB announced that its board of directors had approved a 3.
6% increase in the quarterly dividend to $0.285 per share, as well as accelerated share buybacks worth $2.3bn.
For Q4 2024, the oilfield services group's adjusted EPS rose 7% y-o-y to $0.92, on adjusted EBITDA up 5% to $2.38bn and revenues that rose 3% to $9.28bn.
SLB said that 2024 was a solid year for SLB as we successfully navigated changing market conditions to generate revenue and EBITDA growth, margin expansion and solid FCF.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
6% increase in the quarterly dividend to $0.285 per share, as well as accelerated share buybacks worth $2.3bn.
For Q4 2024, the oilfield services group's adjusted EPS rose 7% y-o-y to $0.92, on adjusted EBITDA up 5% to $2.38bn and revenues that rose 3% to $9.28bn.
SLB said that 2024 was a solid year for SLB as we successfully navigated changing market conditions to generate revenue and EBITDA growth, margin expansion and solid FCF.
Copyright (c) 2025 CercleFinance.com. All rights reserved.