Brief: SLB Expects Deal With ChampionX To Clear Closer To Q1 2025

ChampionX

18/10/2024 15:29

Oct 18 (Reuters) - SLB  SLB.N :
    * 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:  SLB.N 
    

 ((Reuters.Briefs@thomsonreuters.com;;))