Schlumberger Files 8-K for Material Agreement
Ticker: SLB · Form: 8-K · Filed: Apr 2, 2024 · CIK: 87347
| Field | Detail |
|---|---|
| Company | Schlumberger Limited/NV (SLB) |
| Form Type | 8-K |
| Filed Date | Apr 2, 2024 |
| Risk Level | medium |
| Pages | 13 |
| Reading Time | 16 min |
| Key Dollar Amounts | $0.01, $265.4 million, $326.6 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, sec-filing
Related Tickers: SLB
TL;DR
SLB filed an 8-K for a material agreement - details to follow.
AI Summary
Schlumberger Limited/NV filed an 8-K on April 2, 2024, reporting on the entry into a material definitive agreement and other events. The filing does not contain specific details on the agreement or events, but it serves as a notification to the SEC.
Why It Matters
This filing indicates Schlumberger has entered into a significant agreement, which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could carry significant implications for the company, but the lack of specific details in this initial report warrants a medium risk assessment.
Key Players & Entities
- Schlumberger Limited/NV (company) — Registrant
- April 2, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Schlumberger?
The 8-K filing does not specify the details of the material definitive agreement.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on April 2, 2024.
What is the Commission File Number for Schlumberger?
Schlumberger's Commission File Number is 1-4601.
What is Schlumberger's IRS Employer Identification No.?
Schlumberger's IRS Employer Identification No. is 52-0684746.
Where are Schlumberger's primary business addresses listed?
Schlumberger's business addresses are listed as 42 rue Saint-Dominique, Paris, France 75007 and 5599 San Felipe Street, 17th Floor, Houston, TX 77056.
Filing Stats: 3,917 words · 16 min read · ~13 pages · Grade level 17.7 · Accepted 2024-04-02 09:26:30
Key Financial Figures
- $0.01 — ich registered common stock, par value $0.01 per share SLB New York Stock Exchan
- $265.4 million — equired to pay SLB a termination fee of $265.4 million. Upon termination of the Merger Agree
- $326.6 million — d to pay ChampionX a termination fee of $326.6 million. The Merger Agreement will be filed t
Filing Documents
- d501949d8k.htm (8-K) — 67KB
- d501949dex991.htm (EX-99.1) — 35KB
- d501949dex992.htm (EX-99.2) — 21KB
- g501949ex99_2s1g1.jpg (GRAPHIC) — 117KB
- g501949ex99_2s2g1.jpg (GRAPHIC) — 196KB
- g501949ex99_2s3g1.jpg (GRAPHIC) — 171KB
- g501949ex99_2s4g1.jpg (GRAPHIC) — 68KB
- g501949ex99_2s5g1.jpg (GRAPHIC) — 130KB
- g501949ex99_2s6g1.jpg (GRAPHIC) — 84KB
- g501949ex99_2s7g1.jpg (GRAPHIC) — 81KB
- g501949ex99_2s8g1.jpg (GRAPHIC) — 102KB
- g501949ex99_2s9g1.jpg (GRAPHIC) — 87KB
- 0001193125-24-084191.txt ( ) — 1704KB
- slb-20240402.xsd (EX-101.SCH) — 3KB
- slb-20240402_lab.xml (EX-101.LAB) — 18KB
- slb-20240402_pre.xml (EX-101.PRE) — 11KB
- d501949d8k_htm.xml (XML) — 4KB
Forward-Looking Statements
Forward-Looking Statements This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Exchange Act. Such forward-looking statements include statements relating to the proposed transaction between SLB and ChampionX, including statements regarding the benefits of the transaction and the anticipated timing of the transaction, and information regarding the businesses of SLB and ChampionX, including expectations regarding outlook and all underlying assumptions, SLB's and ChampionX's objectives, plans and strategies, information relating to operating trends in markets where SLB and ChampionX operate, statements that contain projections of results of operations or of financial condition, and all other statements other than statements of historical fact that address activities, events or developments that SLB or ChampionX intends, expects, projects, believes or anticipates will or may occur in the future. Such statements are based on management's beliefs and assumptions made based on information currently available to management. All statements in this communication, other than statements of historical fact, are forward-looking statements that may be identified by the use of the words "outlook," "guidance," "expects," "believes," "anticipates," "should," "estimates," "intends," "plans," "seeks," "targets," "may," "can," "believe," "predict," "potential," "projected," "projections," "precursor," "forecast," "ambition," "goal," "scheduled," "think," "could," "would," "will," "see," "likely," and other similar expressions or variations, but not all forward-looking statements include such words. These forward-looking statements involve known and unknown risks and uncertainties, and which may cause SLB's or ChampionX's actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Factor
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits The exhibits listed below are furnished pursuant to Item 9.01 of this Form 8-K. 99.1 Press Release dated April 2, 2024. 99.2 Investor Presentation dated April 2, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SCHLUMBERGER LIMITED /s/ Dianne B. Ralston Dianne B. Ralston Chief Legal Officer and Secretary Date: April 2, 2024