Discontinued — last reported Q4 '19
Business Segments · CapEx
Drilling — CapEx
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2019
How to read this metric
Higher spending signals growth initiatives or fleet modernization, while lower spending may indicate a focus on cash preservation or a mature asset cycle.
Detailed definition
This metric measures the cash outflows dedicated to purchasing or upgrading property, plant, and equipment specifically...
Peer comparison
Comparable to segment-level capital expenditure (CapEx) figures reported by peers in the oilfield services industry.
Metric ID:
slb_segment_drilling_payments_to_acquire_property_plant_and_equipmentSimilar Metrics at Other Companies
Frequently Asked Questions
- What does drilling — capex mean?
- The cash spent on new equipment and infrastructure for the drilling business.