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Schlumberger’s Free Cash Flow and Capex after the First Quarter

Alex Chamberlin
Schlumberger’s Free Cash Flow and Capex after the First Quarter

Schlumberger’s (SLB) cash from operating activities (or CFO) decreased ~13% in the first quarter from a year ago. SLB generated $568 million in CFO. Despite the increase in revenues in the past year, adverse changes in working capital mainly led to the decrease in SLB’s CFO. Schlumberger’s free cash flow and capex