Schlumberger has reported full-year 2010 revenue of $27.45 billion versus $22.70 billion in 2009.
Full-year 2010 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $3.60 billion, representing diluted earnings-per-share of $2.86 versus $2.78 in 2009.
Fourth-quarter 2010 revenue was $9.07 billion versus $6.85 billion in the third quarter of 2010, and $5.74 billion in the fourth quarter of 2009.
Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.16 billion—an increase of 33% sequentially and 42% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges and credits, was $0.85 versus $0.70 in the previous quarter, and $0.67 in the fourth quarter of 2009.
Oilfield Services revenue of $6.01 billion increased 9% sequentially and 16% year-on-year. Pretax segment operating income of $1.33 billion was up 21% sequentially and 32% year-on-year.
WesternGeco revenue of $560 million increased 17% sequentially and 2% year-on-year. Pretax segment operating income of $113 million was 183% higher sequentially but 1% lower year-on-year.
