Schlumberger Limited reported consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported revenue of USD 7,107 million compared to USD 7,744 million a year ago. Pretax operating income was USD 810 million compared to USD 1,288 million a year ago. Net loss was USD 204 million compared to USD 1,016 million a year ago. GAAP Diluted loss per share was USD 0.15 compared to USD 0.81 a year ago. Loss before taxes was USD 213 million compared to USD 1,102 million a year ago. Net loss attributable to the company was USD 204 million compared to USD 1,016 million a year ago. Diluted loss per share was USD 0.15 compared to USD 0.81 a year ago.

For the full year, the company reported revenue of USD 27,810 million compared to USD 35,475 million a year ago. Pretax operating income was USD 3,273 million compared to USD 6,510 million a year ago. Net loss was USD 1,687 million compared to net income of USD 2,072 million a year ago. GAAP Diluted loss per share was USD 1.24 compared to GAAP diluted earnings per share of USD 1.63 a year ago. Loss before taxes was USD 1,905 million compared to income before taxes of USD 2,881 million a year ago. Net loss attributable to the company was USD 1,687 million compared to net income attributable to the company of USD 2,072 million a year ago. Diluted loss per share was USD 1.24 compared to diluted earnings per share of USD 1.63 a year ago.

Capex is expected to be USD 2.2 billion for 2017.