Schlumberger Ltd. (SLB)

[benfrankledger]

$SLB Schlumberger has generated free cash flows of $1.9 billion during the first three quarters of 2018. This equates to an annual free cash generation of $2.5 billion, assuming that cash is created equally throughout all four quarters. When we look at the 10-K for 2017, we see that Schlumberger has generated substantially higher free cash flows during Q4 2017 compared to Q1-Q3 2017, though - Q4 free cash flows totaled $1.7 billion, whereas Q1-Q3 were on par with what we have seen during the first nine months of 2018.