Item 7.01
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Regulation FD Disclosure.
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On September 4, 2018, Paal Kibsgaard, Chairman and Chief Executive Officer of Schlumberger Limited (Schlumberger), presented
at the 2018 Barclays CEO Energy-Power Conference in New York, New York, and discussed, among other things, Schlumbergers business outlook. The presentation and slides are available on the Schlumberger Investor Relations website at
http://www.slb.com/news/presentations.aspx and http://investorcenter.slb.com/phoenix.zhtml?c=97513&p=irol-presentations.
Cautionary Statement
Regarding Forward-Looking Statements
The presentation referred to above contains forward-looking statements within the
meaning of the federal securities laws that is, statements about the future, not about past events. Such statements often contain words such as expect, may, believe, plan, estimate,
intend, anticipate, should, could, will, see, likely, and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain,
such as statements about our financial and performance targets and other forecasts or expectations regarding, or dependent on, our business outlook; growth for Schlumberger as a whole and for each of our product lines (and for specified products or
geographic areas within each product line); oil and natural gas demand and production growth; oil and natural gas prices; rig activity, pricing; access to sand; improvements in operating procedures and technology, including our transformation
program; our stock repurchase program and dividend strategy; capital expenditures by Schlumberger and the oil and gas industry; the business strategies of Schlumbergers customers; the success of Schlumbergers SPM projects; the success of
Schlumbergers acquisitions, joint ventures and alliances; future global economic conditions; and future results of operations. These statements are subject to risks and uncertainties, including, but not limited to, global economic conditions;
changes in exploration and production spending by Schlumbergers customers and changes in the level of oil and natural gas exploration and development; general economic, political and business conditions in key regions of the world; foreign
currency risk; pricing pressure; weather and seasonal factors; the inability to procure or produce sand; our inability to meet our financial and performance targets and other forecasts or expectations, such as revenue and free cash flow conversion;
operational modifications, delays or cancellations; production declines; the inability to close pending transactions; changes in government regulations and regulatory requirements, including those related to offshore oil and gas exploration,
radioactive sources, explosives, chemicals, hydraulic fracturing services and climate-related initiatives; the inability of technology to meet new challenges in exploration; and other risks and uncertainties detailed in our most recent Forms
10-K,
10-Q,
and
8-K
filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or
uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking
statements speak only as of the date of the presentation referred to above, and Schlumberger disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
The presentation referred to above contains
non-GAAP
financial information. Reconciliations between
such
non-GAAP
measures to their most comparable GAAP financial measures are available in the exhibit furnished with this Current Report.