SLB’s second quarter results were met with a significant positive market reaction, as the company’s performance exceeded Wall Street’s expectations despite a year-on-year revenue decline. Management credited broad-based international growth and a rebound in North American operations as primary contributors to the quarter. CEO Olivier Le Peuch highlighted “higher offshore activity in Latin America, Europe, Africa, and Asia,” as well as increased demand in U.S. land for production and recovery sol
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Schlumberger beats Q2 earnings and revenue estimates, lifting investor interest in energy ETFs like IEZ, OIH and XLE with heavy exposure to SLB.
Wall Street spent most of July bracing for a rough quarter for SLB N.V. (SLB), formerly known as Schlumberger Limited. Fighting in the Middle East had shut in wells, and oil prices were sliding amid U.S.-Iran peace talks. This caused six brokers to trim their price targets going into the ...
SLB Ltd (SLB) reports robust digital revenue growth and strategic positioning despite geopolitical headwinds in the Middle East.
Moby summary of SLB N.V.'s Q2 2026 earnings call
SLB (NYSE:SLB) reported second-quarter revenue of $9 billion, up 3% sequentially, as growth in Latin America, Europe and Africa, U.S. land and Asia more than offset disruptions in the Middle East. Adjusted earnings per share were $0.55, up $0.03 from the prior quarter but down $0.19 from a year earl
SLB logged higher revenue in the second quarter, as higher offshore activity and strong demand across its quickly growing data-center business helped to offset continued disruptions across the Middle East.
Oilfield services provider SLB (NYSE:SLB) will be reporting earnings this Friday before market hours. Here’s what investors should know.
(Bloomberg) -- This week will offer the clearest picture yet of the Iran war’s impact on the world’s biggest oil field service providers, with the likes of SLB Ltd., Baker Hughes Co. and Halliburton Co. all expected to take hits to their bottom line.Most Read from BloombergUS Strikes Iran in Escalating Campaign After Troops KilledThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsTrump Silent So Far on Iran Plan
SLB N.V. is set to announce its second-quarter earnings soon, and Wall Street expects a double-digit decline in its profits.
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.48%. September E-mini S&P futures (ESU26 ) rose +1.15%, and September E-mini Nasdaq futures...
What a time it’s been for SLB. In the past six months alone, the company’s stock price has increased by a massive 53.6%, reaching $55.78 per share. This performance may have investors wondering how to approach the situation.
Rockwell Automation clears Q2 estimates, hikes outlook as demand for warehouses, semiconductors, data centers improves.
CLB's Q1 earnings meet estimates but fall Y/Y as a revenue miss and Middle East disruptions weigh on both key segments.