SLB, formerly known as Schlumberger, reported its fourth-quarter and full-year 2024 financial results, surpassing analysts' expectations. The company disclosed an adjusted earnings per share (EPS) of $0.92, beating the consensus estimate of $0.90, and revenue of $9.28 billion, which was above the anticipated $9.18 billion. This performance reflects a year-over-year increase in revenue by 3% and adjusted EPS by 7%. Operating income rose to $1.92 billion, with an operating margin of 20.7%. Net income for the quarter stood at $1.10 billion. SLB's international business was a key driver of these results, contributing $7.48 billion in revenue. In response to the strong performance, SLB announced an increase in its quarterly dividend by 3.6%, from $0.275 to $0.285 per share, and initiated an accelerated share repurchase program worth $2.3 billion. The company's CEO highlighted 2024 as a strong year, noting revenue and EBITDA growth, margin expansion, and solid free cash flow. Production Systems led with a 9% increase in total revenue and a 300 basis point rise in margins, while the Digital segment saw a 20% growth, with cloud, AI, and edge computing growing by 35% year-over-year. SLB plans to return a minimum of $4 billion to shareholders in 2025. Despite the positive earnings, SLB issued a warning about potential oil oversupply in the market.