SCHLUMBERGER LIMITED Item 7.01 Regulation FD Disclosure.
On
Cautionary Statement Regarding Forward-Looking Statements
The presentation referred to above contains "forward-looking statements" within
the meaning of the federal securities laws - that is, any statements that are
not historical facts. Such statements often contain words such as "expect,"
"may," "can," "believe," "predict," "plan," "potential," "projected,"
"projections," forecast," "estimate," "intend," "anticipate," "ambition,"
"goal," "target," "think," "should," "could," "would," "will," "see," "likely,"
and other similar words. Forward-looking statements address matters that are, to
varying degrees, uncertain, such as statements about Schlumberger's financial
and performance targets and other forecasts or expectations regarding, or
dependent on, its business outlook; growth for Schlumberger as a whole and for
each of its Divisions (and for specified business lines, geographic areas or
technologies within each Division); oil and natural gas demand and production
growth; oil and natural gas prices; forecasts or expectations regarding the
energy transition and global climate change; Schlumberger's response to, and
preparedness for, the COVID-19 pandemic and other widespread health emergencies;
improvements in operating procedures and technology; capital expenditures by
Schlumberger and the oil and gas industry; the business strategies of
Schlumberger, including digital and "fit for basin," as well as the strategies
of Schlumberger's customers; Schlumberger's restructuring efforts and charges
recorded as a result of such efforts; access to raw materials; Schlumberger's
Asset Performance Solutions projects, joint ventures and other alliances; future
global economic and geopolitical conditions; future liquidity; and future
results of operations, such as margin levels. These statements are subject to
risks and uncertainties, including, but not limited to, changing global economic
conditions; changes in exploration and production spending by Schlumberger's
customers and changes in the level of oil and natural gas exploration and
development; the results of operations and financial condition of Schlumberger's
customers and suppliers, particularly during extended periods of low prices for
crude oil and natural gas; Schlumberger's inability to achieve its financial and
performance targets and other forecasts and expectations; Schlumberger's
inability to achieve net-zero carbon emissions goals or interim emissions
reduction goals; Schlumberger's inability to sufficiently monetize assets;
general economic, geopolitical and business conditions in key regions of the
world; foreign currency risk; pricing pressure; weather and seasonal factors;
unfavorable effects of health pandemics; availability and cost of raw materials;
operational modifications, delays or cancellations; challenges in Schlumberger's
supply chain; production declines; Schlumberger's inability to recognize
efficiencies and other intended benefits from Schlumberger's business strategies
and initiatives, such as digital or new energy, as well as its restructuring and
structural cost reduction plans; changes in government regulations and
regulatory requirements, including those related to offshore oil and gas
exploration, radioactive sources, explosives, chemicals, hydraulic fracturing
services and climate-related initiatives; the inability of technology to meet
new challenges in exploration; the competitiveness of alternative energy sources
or product substitutes; and other risks and uncertainties detailed in
Schlumberger's most recent Forms 10-K, 10-Q, and 8-K filed with or furnished to
the
--------------------------------------------------------------------------------
© Edgar Online, source
