Summary
SLB LIMITED/NV (SLB) filed an 8-K on April 21, 2017, to report its First-Quarter 2017 financial results and related information. The filing primarily consists of furnishing an earnings release (Exhibit 99.1) that contains details on the company's operational performance and financial condition for the quarter ending March 31, 2017. While the 8-K itself does not contain new financial data beyond what's in the earnings release, it serves as the official record of that information being made public. Investors should refer to the furnished earnings release for specific details on revenue, profitability, segment performance, and any forward-looking statements or management commentary provided by SLB for the first quarter of 2017.
Key Highlights
- 1SLB filed an 8-K on April 21, 2017, concerning its First-Quarter 2017 financial results.
- 2The core of the filing is the earnings release (Exhibit 99.1), which contains detailed financial and operational information for Q1 2017.
- 3The company has furnished this earnings release as part of Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
- 4Information furnished in this 8-K is generally not considered 'filed' for Section 18 of the Exchange Act, meaning it doesn't automatically trigger liability under that section unless incorporated by specific reference into a registration statement.
- 5Investors need to review the referenced Exhibit 99.1, the First-Quarter 2017 Earnings Release, for specific financial metrics and performance commentary.
- 6The Chief Accounting Officer, Howard Guild, signed the report on behalf of the registrant.
Frequently Asked Questions
The main purpose of this 8-K filing is to officially report and make public SLB's financial results for the first quarter of 2017. It formally includes the company's earnings release as an exhibit.
You need to refer to Exhibit 99.1, the 'First-Quarter 2017 Earnings Release,' which is furnished with this 8-K filing. This exhibit contains the specific financial and operational details.
Generally, no. According to the filing itself, the information furnished in this 8-K is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, unless expressly incorporated by reference into another filing. This is a standard disclosure for earnings releases furnished under Form 8-K.
Regulation FD (Fair Disclosure) ensures that material non-public information is disseminated broadly. By furnishing the earnings release under Regulation FD, SLB is making its Q1 2017 results available to the public in a non-discriminatory manner, preventing selective disclosure.