Schlumberger N.V. Says Free Cash Flow Is Expected To Be Higher In The Second Quarter And To Continue To Rise In The Third And Fourth Quarters
Portfolio Pulse from Benzinga Newsdesk
Schlumberger N.V. announced in a conference call that it expects its free cash flow to increase in the second quarter and continue rising in the third and fourth quarters.

April 19, 2024 | 1:54 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Schlumberger N.V. expects an increase in free cash flow starting from the second quarter, with a positive outlook for the rest of the year.
An increase in free cash flow is a positive indicator of a company's financial health and operational efficiency. For Schlumberger N.V., this announcement suggests improved profitability and potentially more funds available for dividends, debt reduction, or reinvestment. This is likely to be viewed positively by investors, leading to a potential increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100