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

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.

What was the sequential growth percentage in North America despite initial fears?

• 1%

• 2%

• 5%

• 10%

Which regions led the positive international market performance?

• Europe and Central Asia

• Middle East and North Africa

• Latin America and Africa

• Asia and Australia

What was the amount of the impairment charge mentioned in the financial results?

• $10 billion

• $13 billion

• $15 billion

• $20 billion

What was the impairment charge primarily related to?

• Current market fundamentals

• Past acquisitions

• New investments

• Operational costs

What positive financial indicator was noted in the third quarter?

• Lower operational costs

• Decrease in debt

• Increase in free cash flow

• Higher stock prices