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BRIEF-SLB Expects Deal With ChampionX To Clear Closer To Q1 2025
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BRIEF-SLB Expects Deal With ChampionX To Clear Closer To Q1 2025
Oct 18, 2024 7:58 AM

Oct 18 (Reuters) - SLB:

* EXPECTS CHAMPIONX MERGER TO CLEAR CLOSER TO Q1 2025

* SAYS COMPANY WILL RECEIVE CASH OF $430 MILLION FOR SALE OF

PALLISER BLOCK

* SAYS PALLISER BLOCK CONTRIBUTED REVENUE OF $500 MILLION

PER

YEAR, CAPEX INTO PROJECT UPTO $150 MILLION YEARLY

* SAYS FREE CASH FLOW IN 2025 WILL BE HIGHER THAN IN 2024 ON

OWN

OPERATIONS, CLOSING OF CHAMPIONX DEAL

* SAYS IT SAW MUTED IMPACT FROM STORMS IN U.S. GULF OF

MEXICO

Source text for Eikon: Q3 Conference Call

Further company coverage:

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