Schlumberger (SLB)

Risks

• Disruptions in the political, regulatory, economic, and social environments of the countries in which we operate could adversely affect our financial condition, results of operations and cash flows.
• Failure to effectively and timely address the energy transition could adversely affect our business, results of operations and cash flows.
• We operate in a highly competitive environment. If we are unable to maintain technology leadership, this could adversely affect any competitive advantage we hold.
• Limitations on our ability to obtain, maintain, protect or enforce our intellectual property rights, including our trade secrets, could cause a loss in revenue and any competitive advantage we hold.
• Third parties may claim that we have infringed upon or otherwise violated their intellectual property rights.
• Existing or future laws, regulations, court orders or other initiatives to limit greenhouse gas emissions or relating to climate change may reduce demand for our products and services.
• Environmental compliance costs and liabilities arising as a result of environmental laws and regulations could have a material adverse effect on our business, financial condition and results of operations.
• We could be subject to substantial liability claims, including as a result of well incidents, which could adversely affect our reputation, financial condition, results of operations and cash flows.
• Our operations are subject to cyber incidents that could have a material adverse effect on our business, financial condition and results of operations.
• Our aspirations, goals, and initiatives related to sustainability and emissions reduction, and our public statements and disclosures regarding them, expose us to numerous risks.
• Failure to attract and retain qualified personnel could impede our operations.
• Severe weather, including extreme weather conditions associated with climate change, has in the past and may in the future adversely affect our operations and financial results.