SLB Raises Dividend as Q4 Earnings Beat Estimates

SLB (NYSE: SLB) on Friday boosted its quarterly dividend after reporting higher revenues and earnings beating expectations for the fourth quarter of 2024, on the back of stronger North American and international activity. SLB, the world’s biggest oilfield services provider, reported fourth-quarter earnings per share (EPS), excluding charges and credits, of $0.92, up by 3% sequentially and up by 7% year on year. The earnings also beat the analyst consensus estimate of $0.90 EPS compiled by The Wall Street Journal. SLB’s fourth-quarter…