SLB Q4 Earnings Call Highlights

Production Systems: Revenue of $4.1 billion increased 17% sequentially, reflecting a full quarter of ChampionX activity. Excluding ChampionX, Production Systems revenue rose 11% sequentially, driven by completions and artificial lift sales and project milestones in process technologies, subsea, and valves. Pre-tax operating margin increased 20 basis points to 16%.Well Construction: Revenue of $2.9 billion declined 1% sequentially, with declines in the Middle East and Asia offsetting higher offshore drilling ...