
Schlumberger
-0.43 %
-24.35 %
Yet to be announced
Company Overview
Schlumberger Limited provides technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. It offers software, information management, and IT infrastructure services.
Revenue Sources
PassBased on the company's SEC filings and operational reports, Schlumberger's revenue primarily comes from providing technology, equipment, and services to the oil and gas industry. These activities involve the legitimate exchange of goods and services and do not constitute gambling or other haram activities. The company's core business activities are centered around resource extraction and technical services, which are halal business activities.
Reliance on Interest
Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
---|---|---|---|---|---|---|
Dec. 31, 2024 | $9.28b | $8.01b | - | $131.0m | 0.00% | 1.64% |
Sept. 30, 2024 | $9.16b | $7.75b | - | $136.0m | 0.00% | 1.76% |
June 30, 2024 | $9.14b | $7.8b | - | $132.0m | 0.00% | 1.69% |
March 31, 2024 | $8.71b | $7.43b | - | $113.0m | 0.00% | 1.52% |
Analyzing the last four quarters of financial data, interest expense is consistently below 2% of total expenses. For the most recent quarter (Q3 2024), interest expense was $136 million compared to total expenses of $7.748 billion. The company primarily generates revenue through operational activities rather than interest-based income, and its interest expenses are minimal relative to its overall expenses.
Operational Ethics
PassWhile Schlumberger operates globally, including in various challenging regions, there is no evidence of current, substantial ties to entities involved in human rights violations. The company has operations in China but there is no clear evidence of direct collaboration with the Chinese Communist Party. There are no current operations or R&D centers in Israel based on available information.
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